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Senate panel advances U.S. sanctions against Allseas, Saipem on Nord Stream 2 pipeline

2 months ago DieselGasoil Comments Off on Senate panel advances U.S. sanctions against Allseas, Saipem on Nord Stream 2 pipeline
7/31/2019 WASHINGTON (Bloomberg) – The Senate Foreign Relations Committee advanced legislation Wednesday that would impose sanctions on undersea construction of the Nord Stream 2 pipeline for shipping gas from Russia to Germany. The bill, introduced by Texas Republican Ted Cruz and New Hampshire Democrat Jeanne Shaheen, was approved by the committee 20-2 with bipartisan support. Read More

Gazprom offers $2.3-billion stake to monetize quasi-treasury shares

2 months ago DieselGasoil Comments Off on Gazprom offers $2.3-billion stake to monetize quasi-treasury shares
7/25/2019 MOSCOW – Units of Gazprom PJSC plan to sell a stake of about 2.9% in the Russian natural gas producer Thursday after CEO Alexey Miller said he was looking to raise cash from quasi-treasury shares. Gerosgaz Holdings BV and Rosingaz Ltd., which are both 100%-owned subsidiaries, will offer 693.6 million common shares in Gazprom Read More