As reported by Port Strategy, MAFI Transport-Systeme GmbH, a worldwide leader on the market of production of tractors for in-plant transportation in seaports, industry, logistics and distribution centres, launched a new generation of terminal tractors. The novelty introduced in the new generation is
Kunlun Energy of China said it has raised HK$10.48 billion (US$1.35 billion) in a share placement on the Hong Kong Stock Exchange. Kunlun Energy sold 800 million shares at HK$13.10 each. The company said it intends to use the net proceeds of the share placement to further develop its LNG business th
Trinidad and Tobago shipped an LNG cargo from the Point Fortin terminal yesterday, according to shipping data. The cargo is being carried by the Matthew, a 126,450 cubic-meter tanker and the destination of the cargo is unknown at this moment. Point Fortin LNG terminal produced 14,664,884 mt of LNG i
The petroleum industry yesterday launched a comprehensive information program on exploration for Western Australia’s shale and tight gas resources, providing valuable information on the industry’s operating practices and potential benefits. The program was prepared by the Australian Petroleum Produc
Osaka Gas of Japan is looking at possibilities of jointly importing liquefied natural gas with other Japanese power and gas utilities and also with companies in the US and Europe, Platts reported, citing the company’s president Hiroshi Ozaki. The company is also looking at participating in unconvent
Incheon LNG terminal in South Korea is due to receive a cargo of LNG next week, according to shipping data. The cargo is being hauled by the Hyundai Technopia tanker, with a capacity of 135,000 cbm and it is due to arrive at Incheon terminal on April 14 . Incheon LNG terminal is one of […]
GAIL (India) Limited said it has signed a Gas Transmission Agreement (GTA) with Information Technology Park Ltd (ITPL), Bangalore for supply of around 60,000 SCMD of natural gas. ITPL is likely to start consumption of natural gas early next year in their upcoming captive power plant with waste heat
Anadarko Petroleum announced that with the success of its Barquentine-4 appraisal well, the partnership has completed the drilling portion of its planned appraisal program in the discovery area offshore Mozambique. The Barquentine-4 well, located in Offshore Area 1 of the Rovuma Basin, encountered a
Apache Corporation said that it has priced $3 billion in aggregate principal amount of notes in a public offering consisting of $400 million principal amount of 1.75% notes due in 2017, $1.1 billion principal amount of 3.25% notes due in 2022, and $1.5 billion principal amount of 4.75% notes due in
Australia’s Beach Energy has released the following monthly drilling report for March 2012. Operated Cooper Basin Unconventional Gas Program PEL 218 (Beach 100%), workover operations at Encounter-1 have been completed. A diagnostic fracture injection test of the Patchawarra Formation was successfull
BG Group announced today the appointment of Catherine Tanna as the Chairman of BG Australia. As Chairman, Ms Tanna will be responsible for BG Group’s key Federal and State relationships in Australia and the Group’s role in significant trade and industry bodies including the Business Council of Austr
GE announced that the first 32-megawatt MS 5002E gas turbine unit fully assembled in St. Petersburg has successfully passed commissioning acceptance tests at REP Holding’s (REPH) Nevsky Zavod manufacturing facilities. Under a 2008 license agreement between REPH and GE Oil & Gas, REPH is assembling “
The Asian Development Bank (ADB) is providing a $100 million loan and $200 million political risk guarantee for the development of a natural gas field project in Uzbekistan’s southwest. “This deal marks the first commercial lending to Uzbekistan’s crucial natural gas industry and should pave the way
Japan’s Futtsu liquefied natural gas terminal is scheduled to receive a cargo of LNG onboard the 165,500 cbm Woodside Donaldson on April 16, according to shipping data. The Futtsu Thermal Power Station, one of the most representative power stations using LNG is operated by Tokyo Electric. The Futtsu
