Articles Tagged "infrastructure"

Western Potash Strikes Hydrocarbons

Western Potash (TSX-V: WPX) announced today that drill hole data from their potash exploration program has returned data suggesting the presence of hydrocarbons. An evaluation by a petroleum geologist suggests two formations are targets for significant natural gas. Patricio Varas, the CEO of WPX is quoted saying: The possibility of having sizable natural gas pools [...]

GAIL will take up IOC as partner in Nigeria

State-run gas utility GAIL declared that it will partner flagship refiner-marketer IndianOil Corporation in bidding for development of Nigeria’s gas infrastructure. GAIL was in March 2009 pre-qualified as a potential core investor for participation in the Nigerian Gas Master Plan Infrastructure Development project. For full story, click here