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Odebrecht in Talks to Sell Peru Pipeline, Sources Say

Odebrecht SA, Latin America’s largest engineering company, is in advanced talks to sell a 55 percent stake in a Peruvian gas pipeline project, and Ferrovial SA and another three companies have emerged as potential bidders, two sources familiar with the transaction said on Tuesday. According to the sources, who asked ...

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Egypt to Cut Gas Supplies to Industry in August

Egypt will divert natural gas supplies away from industry in August to meet increased demand from electric power plants, an official at the country’s state gas board EGAS told Reuters on Monday. Natural gas shortages have in the past forced EGAS to ration gas supplies to industry during months of ...

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