The historic shift of global energy markets toward increased use of natural gas will create new opportunities for economic growth and environmental progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, said today. As global energy demand increases, so too will
Gazprom’s CEO Alexey Miller, and Peter Voser, Chief Executive Officer of Royal Dutch Shell, met yesterday in Kuala Lumpur within the 25th World Gas Conference. “The parties discussed bilateral cooperation in the energy sector,” Gazprom said in a statement. “Alexey Miller and Peter Voser highlighted
Alexey Miller, Chairman of the Gazprom Management Committee met today in Kuala Lumpur with Marcel Kramer, Chief Executive Officer of South Stream Transport AG. The meeting was held as part of the 25th World Gas Conference. The CEO’s discussed the progress with the South Stream project as well as the
Greenpeace is calling on Federal Environment Minister Tony Burke to heed United Nations Educational, Scientific and Cultural Organization’s (UNESCO) verdict on the Great Barrier Reef and declare an immediate moratorium on major infrastructure developments in the World Heritage Area. In a clear call
Naftogaz of Ukraine said it has paid to Gazprom of Russia about $628 million for gas imported in April. The price of the natural gas, imported in second quarter 2012, amounts about 425 USD per 1000cm and was calculated with 100 USD per 1000cm discount in accordance with the terms of additional agree
RasGas Company Limited today announced that it has, for the first time ever, completed a year without a serious injury (a Lost Time Injury or LTI). RasGas has improved on its industry leading 2007 LTI rate of 0.03 (according to the International Association of Oil & Gas Producers) and is currently a
SMM concluded a project with a value of 19 million euros at the Liquefied Natural Gas (LNG) REN Terminal, in Sines. The Terminal expansion foresaw a storage capacity increase, with the erection of one cryogenic tank for LNG, with a capacity of 150.000 m3, as well as the send out capacity increase, w
WestSide Corporation said that Meridian SeamGas achieved average daily gas sales during May of 11.7 TJ/d, up 32.8 per cent on the average for May last year, as new wells continued ramping up and work overs delivered results. Highlights: The Meridian SeamGas gas field reached a gross production rate
The International Gas Union (IGU) today unveiled its recent publication, “Global Vision for Gas – The Pathway toward a Sustainable Energy Future” which describes the expanded role of natural gas in global energy supply for the twenty-first century. The report is supported with a quantified Vision Pa
Sines LNG terminal in Portugal received a liquefied natural gas cargo today onbaord the 152,000 cbm Seri Begawan, according to shipping data. The LNG terminal consists of a docking station with a discharge capacity of 40,000 cubic meters to 165,000 cubic meters with an average discharge time of 20 h
Liquefied Natural Gas Limited provided an update on the company’s wholly owned 3 million tonnes per annum LNG project at Fisherman’s Landing, in the Port of Gladstone, Queensland. Following the presentation to Gladstone Ports Corporation Limited (GPC) of its gas supply plans and general update on th
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on June 11, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion
Icon Energy today announced that the Eolus 1 well in ATP626P that was spudded on 21 May 2012 reached a total depth of 1200 metres on 25th May. “Wireline logging operations have been conducted indicating 10.4 metres net coal in the Walloon Coal Measures. A total of 4 Drill Stem Tests have been conduc
QGC, a BG unit, said it has spent nearly A$8 billion since the start of 2010 developing its Queensland Curtis LNG Project and domestic gas business with about 74% of it spent in Australia and 59% in Queensland. The figures are contained in QGC’s latest six-monthly report to the Queensland Coordinato
