The head of Russian Gazprom Alexey Miller was in Hungary yesterday where he held talks with Prime Minister Viktor Orban. “The parties reviewed the progress with the South Stream gas pipeline project, highlighting its strict compliance with the schedule. A focus was placed on the issues of granting t
Sixteen major European Transmission System Operators (TSOs) have taken the initiative to bundle their efforts and wide experience in the field of capacity booking platforms to move towards a joint European capacity platform. The alliance is formed by network operators from Belgium, Denmark, France,
The Nord Stream Project took another major step forward today with the completion of offshore pipelay of the second of its twin 1,224-kilometre gas pipelines through the Baltic Sea ahead of schedule. Following extensive pre-commissioning and commissioning, Line 2 is scheduled to begin transporting g
Halliburton announced today that income from continuing operations for the first quarter of 2012 was $826 million, or $0.89 per diluted share, excluding $300 million, for an estimated loss contingency related to the Macondo well incident. Income from continuing operations for the first quarter of 20
Root defects in LNG pipeline welds can now be a thing of the past thanks to innovative ancillary equipment designed and manufactured by Huntingdon Fusion Techniques Ltd. Following on from the company’s progressive developments in inert gas purging comes a new generation of easy to use ancillaries. P
According to Algerian Trade Minister Mustapha Benbada, Pakistan expressed interest in procurement of Algerian LNG and the two countries are tabling cooperation plans on constructing a regasification terminal in Karachi, Reuters informs. Speaking at the margins of a joint commission on bilateral trad
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 April 21. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving te
Tap Oil provided the following final update on the Tallaganda-1 exploration well in permit WA-351-P offshore Carnarvon Basin, Western Australia. Location /Proposed Depth The Tallaganda-1 well is located within permit WA-351-P, of the Carnarvon Basin, Western Australia. The well was drilled in 1,141
Tsakos Energy Navigation (TEN) of Greece, a leading provider of international seaborne crude oil and petroleum product transportation services, announced that it plans to offer 10,000,000 of its common shares in a public offering. Entities affiliated with the Tsakos Foundation, which is the Company’
InterOil Corporation reiterated that its ongoing bid process to select an internationally recognized LNG operator to join the InterOil Gulf LNG project is on schedule. The bid process is being led by investment banks Morgan Stanley & Co. LLC, Macquarie Capital (USA) Inc. and UBS AG. “The Company is
Tideland Signal, the international specialist in aids to marine navigation, has won a further order to supply eight of its SB-2200 polyethylene buoys complete with MaxLED-200 lanterns to the new LNG port at Soyo in the north of Angola. Like the previous order, the new buoys will be used in marking t
The U.S. Federal Energy Regulatory Commission (FERC) vacated an order authorizing Jordan Cove Energy Project to site, construct and operate a liquefied natural gas (LNG) import terminal in Coos County, Oregon, and the related Pacific Connector pipeline from the terminal to a point near the Oregon/Ca
Teekay LNG Partners announced that it has issued NOK 700 million in senior unsecured bonds maturing in May 2017 in the Norwegian bond market. The aggregate principal amount of the bonds is equivalent to approximately 120 million U.S. dollars (USD) and all interest and principal payments will be swap
The American Gas Association (AGA) released a statement regarding the announcement that the Administration will create a new interagency working group to support safe and responsible development of unconventional domestic natural gas resources and associated infrastructure to help reduce U.S. depend
