Page 8 - Midstream Infrastructure News Today

Petrobras failed to attract any bids during its last effort in February.

BP unloads stake in US pipeline unit: press Apr 13, 2021 11:55:am Summary by: Daniel Graeber Posted in: BP unloads stake in US pipeline unit: press Investment firm Sixth Street paid $700mn to take a minority stake in the US division of BP’s pipeline business, Bloomberg news reported April 12. Citing a person familiar with the deal commenting on condition of anonymity, Bloomberg reported that the 49% stake for Sixth Street forms the basis of a future midstream joint venture. With its headquar...

Business Interview The Group Managing Director of Rainoil Limited, Gabriel Ogbeche, in this interview with Peter Uzoho, talks about industry issues and Rainoil’s operations. Excerpts: Two decades after, Rainoil is still thriving. How did it all start? It’s been a very exciting journey. I left university in 1987. I worked briefly for a company called PricewaterhouseCoopers. Then joined another company called Ascon oil Company Limited and worked there for about five years, learned the busines...