The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Chikahito Harada, Ambassador Extraordinary and Plenipotentiary of Japan to the Russian Federation. The discussion centered on the current issues and prospects for the cooperati
API’s Chief Economist John Felmy told reporters yesterday that when America’s oil and natural gas industry reports solid earnings it means jobs are being created and more revenue is being delivered to government. He said raising taxes on the industry would hurt both jobs and revenue: “If first quart
Jose Botelho de Vasconcelos, Angola’s Oil Minister, announced Tuesday that the official kick-off of liquefied natural gas (LNG) exports from the Angola LNG terminal will be in late June, Reuters reported. The Soyo-based plant will be subjected to a shipping test next month and if everything goes wel
The CEO of Russia’s gas giant Gazprom, Alexei Miller, has held a working meeting yesterday with BP’s CEO Robert Dudley, Gazprom said in a statement. “The meeting was focused on a development outlook for the global energy market and cooperation between the two companies,” the company said. BP is one
Aker Solutions said it has signed a contract with Woodside Energy for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. The scope of work includes project management, design, engineeri
Milford Haven Port, UK’s third largest port which handles around 20 per cent of the country’s fuel requirements, reported a pre-tax profit of £8.1m on a turnover of £29.5m in 2011, up from £7.1m on a turnover of £27.8m in 2010. This improvement had been aided by increased fuel demand during an excep
CB&I today reported net income of $59.5 million for the first quarter of 2012, compared with $50.5 million in the first quarter of 2011. Revenue for the quarter was $1.2 billion compared with first quarter 2011 revenue of $954.3 million. New awards totaled $1.7 billion compared with $1.0 billion in
The INPEX-led Ichthys LNG Project has signed a $3 million agreement that will underpin Charles Darwin University’s (CDU) North Australian Centre for Oil and Gas during a signing ceremony in Tokyo yesterday. The $6 million Centre to be located at CDU’s Casuarina Campus in Darwin will be at the forefr
Peru LNG shipped a cargo of liquefied natural gas to Mexico on April 23, according to PeruPetro S.A. The cargo is being hauled by the Castillo de Santisteban, a 173,600 cubic-meter tanker, and it is sailing to Mexico’s Manzanillo LNG terminal. The Peru LNG Project includes two parts: an LNG Plant wi
Even though the construction of 7 billion cubic meter/year terminal at Musel is nearing its completion and should be running until the end of the year, it will not be put into operation immediately due to insufficient gas demand. Following a governmental decree, issued in March, the terminal will be
The 500th delivery of liquefied natural gas via the LNG terminal was loaded in the port of Prigorodnoye (Sakhalin Island). After the loading Grand Aniva headed for Japan. Grand Aniva is one of two Sovcomflot LNG tankers, chartered by the operator of the project – Sakhalin Energy Investment Company (
As a complement to its extensive range of butterfly valves for handling liquefied gas, KSB Aktiengesellschaft, Frankenthal, Germany will be presenting the new TRIODIS valve series at this year’s ACHEMA. The maintenance-free triple-offset butterfly valves are designed for handling fluids with tempera
Enagás, owner of four LNG terminals in Spain, reported net profit of €86.7Mn for the first quarter of 2012, 0.8% more than the €86Mn registered in the same period in 2011. The company’s EBITDA also increased from €205.9Mn to €214.2Mn at the end of the first quarter of 2012, up 4%. Enagás said that d
Polskie Górnictwo Naftowe i Gazownictwo (PGNiG)said it has sold approximately 5.1 billion cubic metres of natural gas in Q1 2012, against 4.8 billion in Q1 2011, setting its new record of quarterly sales. In Q1 2012, the company produced 1.1 billion cubic metres of natural gas, on a par with the vol
