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Weekly News Roundup (Feb 13)

Oil and gas majors take shelter in euro bond market (Reuters) Global oil and gas majors are starting to move away from traditional dollar funding in favour of Europe’s highly competitive bond market, with both Statoil and BP entering the fray this week. Keystone XL Pipeline Project Vote: Oil And Gas Industry Gave $45K Each To Congressman Who Voted ‘Yes’ (International Business Times) The oil and gas industry, which stands to benefit from the creation of the proposed Keystone XL oil pipeline, gave about $45,000 on average to the 270 members of the U.S. House of Representatives who voted in favor of the controversial project, according to an analysis by MapLight, a nonpartisan research organization that focuses on the influence of money on politics.

The Holy Grail of Welding: Steel + Aluminum (Wall Street Journal) Auto Industry’s Drive for Light-Weight Parts Fuels Voestalpine’s Hunt for New Process

Russia-Egypt Nuclear Power Plant Deal: Why Ignoring Egypt’s Needs Is Bad For The U.S (Forbes) Russian President Vladimir Putin and Egyptian President Abdel Fattah el-Sisi signed a preliminary agreement to jointly build Egypt’s first nuclear power plant, after the two leaders met in Cairo on February 9-10.


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