Japan’s Tokyo Electric Power (TEPCO) burned 1,897,000 mt of LNG in April, up 15.1 percent on year. TEPCO burned 2,070,000 mt of LNG in March, a rise of 17.3 percent on year. Japan’s consumption of LNG surged in the aftermath of the March 11 earthquake. Power companies account for two-thirds of total
Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas this week, according to Kaohsiung Port Authority. The Golar Mazo tanker, with a capacity of 135,000 cbm, will reach Yung-An terminal on May 17. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving term
Building on the Australian oil and gas industry’s capacity to rapidly respond to an offshore well incident, the industry’s leaders today announced funding of a world-class subsea response solution to be in place by early 2013. The announcement, at the annual Australian Petroleum Production & Explora
Decmil of Australia said it has secured a contract variation for additional rooms to be added to a fly camp for Chevron’s Wheatstone LNG project near Onslow. Value of the contract variation is $47 million. Decmil announced in October that it has won a A$70 million contract to build a 502 room Fly Ca
Sakhalin Energy presented in Moscow its 2011 Sustainable Development Report. It is the company’s third report produced in compliance with the Global Reporting Initiative (GRI) standard. It is in line with B+ classification and, just as the previous two reports, was endorsed by the Council for Non-Fi
Foster Wheeler, under the auspices of the Foster Wheeler WorleyParsons (FWW) joint venture, congratulates Woodside on achieving LNG production and first cargo at its Pluto LNG Project in Australia. FWW was responsible for the engineering, procurement and construction management of the onshore portio
On May 11, CNPC and Chinese Academy of Sciences (CAS) signed a strategic cooperation agreement in Beijing, to join hands in technological research on cutting-edge basic science of oil and gas exploration and development, petroleum engineering technology and equipment research and development, explor
Chesapeake Energy announced it has entered into a $3 billion unsecured loan from Goldman Sachs Bank USA and affiliates of Jefferies Group. The net proceeds of the loan, after payment of customary fees and original issue discount (if any), will be utilized to repay borrowings under the company’s exis
OAO NOVATEK, Russia’s largest independent gas producer, released its consolidated interim condensed financial information as of and for the three months ended 31 March 2012. In the first quarter of 2012, the company’s total revenues grew by 21.1% to RR 54,373 million compared to RR 44,894 million in
Petronet’s Dahej LNG terminal on India’s west coast is due to get a cargo of LNG onboard the 138,097 cbm Disha from Qatar on May 15, according to shipping data. The Dahej terminal in Gujarat is India’s first LNG import terminal and has a nominal capacity of 10 MMTPA. The terminal is meeting around 2
Siemens took the next step towards a massive expansion of its activities in Saudi Arabia, breaking ground on a landmark manufacturing facility for gas turbines and compressors. Planned for completion in late 2013, the center will create job opportunities for young Saudis, serving as a knowledge tran
The Shareholders of Nord Stream AG have asked the company to conduct a feasibility study of possible options to further increase the capacities to transport natural gas from Russia to the EU through the Baltic Sea. Over the next eight months, Nord Stream will make an assessment of various criteria o
SBM Offshore announced the proposed appointment of Mr Peter van Rossum as Chief Financial Officer (CFO) and as a member of its Management Board. Subject to approval by shareholders at an Extraordinary General Meeting to be held on 27 June 2012, Mr Peter van Rossum will start his new function on 2 Ju
PETRONAS Gas Berhad (PGB) announced that a fire incident had occurred yesterday at a gas processing plant (GPP) within its GPP Complex A in Kerteh, Terengganu. The fire was brought under control by the Complex’s Emergency Response Team at 1530 hrs. The incident happened at GPP 3 which is under plann
