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Nigeria nearing deal to supply gas to South Africa

BLOOMBERG Nigeria-based Riverside LNG said it’s in talks to supply gas to South Africa, in what would be the first such deal between the two countries. The company earlier this year signed a gas-export partnership agreement with Johannes Schuetze Energy Import AG of Germany and is now looking for deals on the continent, Chief Executive Officer David Ige said in ...

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Williams to agrees to buy gas assets for $1.95bn in LNG bet

BLOOMBERG Pipeline operator Williams Cos agreed to buy natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion in a bet on demand growth for the fuel in the US and in overseas markets. The deal includes six underground storage facilities in Louisiana and Mississippi, Williams said in a statement. The company will also get 230 ...

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It was a tough year for almost every bank not named JPMorgan

BLOOMBERG More than a decade after regulators vowed to tame the risks of too-big-to-fail banks, White House officials were on a call. Why, one attendee asked, was JPMorgan Chase & Co allowed to buy First Republic Bank that morning in a government-led auction? The answer came, flatly, from Treasury Secretary Janet Yellen: They had the highest bid. After a year ...

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