Canadian pipeline company Pembina Pipeline Corp (Pembina) is throwing cold water on the idea of investing in the newly expanded Trans Mountain pipeline (TMX). The company’s chief financial officer, Cameron Goldade, expressed significant reservations during a recent earnings call.
divestment
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Energy giant Shell has announced its decision to exit South Africa’s downstream market, following a comprehensive review of its global operations. The move comes after more than a century of Shell’s presence in the South African market.
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Reconnaissance Energy Africa (ReconAfrica) has recently made a strategic move to streamline its operational focus and financial position by divesting its Mexico operations. The company has entered into a definitive…