Brookfield Asset Management Ltd. is lining up approximately $3 billion in debt financing to support its purchase of Colonial Enterprises, which operates the Colonial Pipeline in the US, according to people familiar with the matter.
European natural gas declined amid persistent demand concerns, despite a US court decision to block President Donald Trump’s sweeping global tariffs.
Kazakhstan is considering building a natural gas refinery at the Karachaganak oil field by itself, after the cost of the development proposed by international oil companies ballooned to about $6 billion, according to people familiar with the matter.
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