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Cyprus-Egypt Gas Pipeline To Cost $800MM-$1B

A planned pipeline connecting Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian Petroleum Minister Tarek El Molla said on Monday. Egypt has rapidly increased its production of natural gas and hopes to become a hub for exporting to ...

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Investors Bail on Trapped Canada Oil as Pipeline Woes Deepen

Canada’s energy companies can’t get any love, even from many Canadians. With pipeline, regulatory and political frustrations reaching new heights, the nation’s energy stocks slumped to their lowest level in almost two years this month. The iShares S&P/TSX Capped Energy Index ETF, which tracks Canadian energy companies, has seen about ...

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