pipelines
Reid to step down as Xstrata finance head
Departure likely to heighten some investors’ fears of an exodus of senior managers after the miner’s takeover by trading house Glencore
Posco seeks stake in Canada iron ore mine
South Korean steelmaker has secured exclusive negotiating rights for a 15% stake in ArcelorMittal Mines Canada worth more than $1bn
Sasol to invest $21bn in US gas plants
Final investment decisions for the sites will be taken in 2014, but the chief of the South African group says he expects them to be ‘relatively easy’