drilling

Saipem chief resigns amid graft probe

Pietro Franco Tali, the company’s chief executive since 2000, denies wrongdoing in the alleged corruption involving ‘certain’ contracts in Algeria

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Macquarie’s MIP II buys Leaf River storage

Macquarie Infrastructure Partners II has completed the acquisition of Leaf River, an underground salt cavern gas storage facility

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Freeport returns to oil with $20bn deals

Taken together, the moves will create the fifth-largest natural resources company in the US and the fifth-largest mining company in the world

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