Saturday, July 26, 2025

China’s ICBC Enters as Strategic Banking Partner for $180 Billion Tata Group

From Deal Street Asia: India’s Tata Sons Ltd and China’s Industrial and Commercial Bank of China Ltd (ICBC) have formed a long-term partnership, under which ICBC will become a strategic banking partner to the Tata group. Tata Sons is the principal investment holding company of the $108 billion Tata Group and promoter of Tata companies. Under the alliance, ICBC will provide

TransCanada Announces Bruce Power Life Extension Agreement

Company to Increase Ownership in Partnership to 48.5 per cent TransCanada Corporation (TRP.TO)(TRP.TO) (TransCanada) today announced that Bruce Power has entered into an agreement with the Ontario Independent Electricity System Operator (IESO) to extend the operating life of the Bruce Power facility to 2064. This new agreement represents an extension and material amendment to the earlier agreement that led to

Natural Gas Storage – December 3, 2015

Natural Gas Roundup December 3, 2015 NATURAL GAS INVENTORY (Week Ended 11/27/15) Current: 3,956 Bcf Actual Injection/(Withdrawal), per EIA: (53) Bcf Economist Average Estimate, per Bloomberg: (43) Bcf Previous: 4,009 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Anatomy of a Bad Deal – Oil & Gas 360® MarkWest Energy:  Sold.  “For Pennies on the

Western Canada’s Land Sale Revenue Hurting from Oil Price Slide

From The Globe and Mail Oil companies have slammed the brakes on bidding for new exploration prospects. Sales of rights to drill on government land across the West are headed for their lowest level in at least 17 years, as cash-strapped energy companies forgo amassing new acreage, the National Energy Board said. In the latest indicator of pain in the sector,