Trinidad and Tobago’s Point Fortin LNG terminal shipped a cargo of liquefied natural gas to Argentina, according to shipping data. The cargo is being hauled by the SCF Arctic, a 71.500 cubic-meter tanker, and it is due to arrive at the Escobar terminal in Argentina on May 15. Trinidad and Tobago’s P
Sinotruk of China said it has recently won the order for 100 of its heavy-duty LNG tractors with Shanghai Zhongwo Auto Sales Company. Sinotruk will provide 100 LNG tractors to Shanghai Fucang Logistics Company. This is the first time for Sinotruk LNG tractors to enter Shanghai markets, the company s
The gas industry-funded aero medical evacuation (AME) helicopter service has conducted more than 60 successful retrieval missions in its first year, including 39 for members of the public needing urgent medical attention. Funded by Arrow Energy, Origin, QGC and Santos GLNG Project, the service was l
The technology company The Linde Group continued to see profitable growth in the first quarter of 2012, with increases in Group revenue and Group operating profit. Highlights: Group revenue up 5.4 percent to EUR 3.505 bn Group operating profit increases by 6.2 percent to EUR 808 m Group operating ma
Cove Energy plc, the AIM quoted upstream oil and gas company, together with operator Anadarko Petroleum, provides the results of its second flow test of the Barquentine-1 well at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, Offshore Mozambique (Area 1 Rovuma Off
The Gazprom Export headquarters hosted yesterday a working meeting of Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, Director General of Gazprom Export with a parliamentary delegation representing the ruling Democratic Party of Japan, with Seiji Maehara, Member of the House
Fluor Corporation yesterday announced financial results for its first quarter ended March 31, 2012. Net earnings attributable to Fluor for the first quarter rose to $155 million, compared with $140 million in the first quarter of 2011. Consolidated segment profit for the quarter was $253 million, co
KBR announced it was awarded a general works contract for the construction of a 200 million standard cubic feet per day (SCFD) sweet natural gas processing plant near Fort St. John, British Columbia, Canada. KBR’s Canadian subsidiary, KBR Wabi, will execute all mechanical, structural, architectural,
El Paso Pipeline Partners reported first quarter 2012 financial and operational results. First Quarter 2012 Highlights: — $0.54 earnings per common unit — $170 million distributable cash flow, a 12 percent increase from first quarter 2011 — $246 million adjusted earnings before interest, taxes, depr
LNG player BG Group of UK said its first quarter revenue and other operating income increased by 20% to $5 776 million, reflecting the benefit of higher realised prices, continued strong demand for the group’s LNG cargoes, particularly from Asia, and a 5% increase in E&P production volumes. Total op
Apache Corporation reported record worldwide production in the first-quarter of 2012 as the company benefitted from higher prices for oil and natural gas liquids and its balanced approach helped it weather the continuing deterioration of North American natural gas prices. Daily production increased
SCF Group (Sovcomflot),Russia’s largest shipowner, and oil and chemical holding SIBUR – a national leader in oil and chemical industry, signed a long-term charter agreement for two gas tankers to perform regular year-round transportation of SIBUR liquefied petroleum gas (LPG). SIBUR plans to start e
Peru LNG shipped a cargo of liquefied natural gas to Japan on May 2, according to PeruPetro S.A. The cargo is being hauled by the STX Frontier, a 153,600 cubic-meter tanker. The Peru LNG Project includes two parts: an LNG Plant with a Marine Terminal from which LNG is sent overseas, and a pipeline c
GreenMan Technologies announced the completion of a private placement for $8.2 million of 10 percent Convertible Preferred Stock to several institutional investors. The preferred stock has a 10 percent annual dividend, payable quarterly at the Company’s option in cash or in common stock, and is conv
