LNG Energy Ltd. (“LNG” or the “Company”) is pleased to announce that it has granted 2,500,000 stock options pursuant to its previously approved stock option plan to an officer of the Company. The options are exercisable over 5 years at an exercise price of $0.33 per share. LNG is a Canadian explorat
The International Energy Agency’s 2010 World Energy Outlook, released today, should finally stamp out the myth that renewable energies are dependent on subsidies. “Fossil-fuel consumption subsidies amounted to $312 billion in 2009”, says the IEA, while renewable energies in the same year received ju
The International Energy Agency’s 2010 World Energy Outlook, released today, should finally stamp out the myth that renewable energies are dependent on subsidies. “Fossil-fuel consumption subsidies amounted to $312 billion in 2009”, says the IEA, while renewable energies in the same year received ju
Statoil has resolved to concentrate even more strongly on offshore wind turbines as part of its strategy for renewable energy. This decision reflects the strong international growth in this segment, combined with the group’s unique offshore experience from the oil and gas industry. As part of its co
South Hook Gas Company Ltd has reached a significant milestone as it celebrated supply of 100 cargoes into the UK. The 100th cargo, Zarga, a 344m Q-Max classed vessel, was unloaded safely at the South Hook LNG Terminal in Milford Haven, Wales. From there, it will be regasified and delivered into the
AECOM Technology Corporation, a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has been awarded additional work on its existing six-year, US$149.3-million agreement to provide program manageme
Sempra Energy today reported third-quarter 2010 earnings of $131 million, or $0.53 per diluted share, compared with earnings of $317 million, or $1.27 per diluted share, in the third quarter 2009. Third-quarter 2010 results included a previously announced $139 million after-tax charge from the write
Further to announcements on May 3, July 1, August 18 and October 1, 2010, Sevan Marine ASA (“Sevan”) announces that on November 9, 2010, relevant subsidiaries of Sevan entered into the charter contract and the services agreement with E.ON Ruhrgas UK E&P Limited (“E.ON”) together with related documen
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS (Lundin) a drilling permit for well 16/7-9, cf. Section 8 of the Resource Management Regulations. Well 16/7-9 will be drilled from the Transocean Winner drilling facility at position 58° 15’ 17.47’’ north, 02° 17’ 24.95’’ east af
A new push is under way to protect some 30 miles of Delaware Bay shoreline from worsening floods and erosion during the next decade, while… By Jeff Montgomery (delmarvanow) [mappress] Source: delmarvanow, November 10, 2010;
Clearance work is finally being carried out to a pond plagued by litter where locals feared a child could drown in the ‘quicksand-like’ mud… By Hugh Fort (getbracknell) [mappress] Source: getbracknell, November 10, 2010;
European Union regulation for the certification of marine equipment (EC 391/2009) will not apply to all vessels of all flags but to all EU recognised organisations (ROs). This was the clear message from the European Commission to the maritime industry at the Second International Workshop for Efficie
Scottish and Southern Energy signalled it would be investing £584 million this year and next to provide better energy supplies in the UK. The spend – with at lest £377.4 million allocated to renewable energy generation – includes SSE’s 50% share of £156.3 million – for the Greater Gabbard offshore w
Subsea 7 says it has clinched a new contract in the Danish sector of the North Sea which is worth around US $55 million. Today Subsea 7 said the new deal is for installation of a 2.2 km (1.37 mile) pipeline bundle which involves engineering, procurement, fabrication, installation and commissioning o
