CBM Asia Development Corp. said that it has completed a third tranche of its non-brokered private placement totalling 49,605,281 units at a price of $0.18 per unit for gross proceeds of $8,928,950. To date, the company has issued a total of 73,119,249 units representing gross proceeds of $13,161,465
Wednesday, the U.S. President Obama, visited Daimler Trucks North America’s Mount Holly manufacturing plant, and spoke on alternative fuel technologies, according to a press statement. He announced a new $1 billion National Community Deployment Challenge to catalyze up to 10 to 15 model communities
Malaysia exported 2.34 million mt of LNG in January, according to the trade statistics. LNG exports in January rose 0.3%, compared with last year. The total value of the liquefied natural gas exports in January was about $1.80 billion. Malaysia is the top supplier of LNG to Japan, the world’s number
Air Liquide said it has purchased in the U.S. the renewable natural gas assets of Georecover – Live Oak, a subsidiary of Jacoby Energy Development, a Georgia-based company which recovers and processes landfill exhaust gas into renewable natural gas, sometimes referred to as biomethane. Included in t
India’s Essar Oil Limited (EOL) said that it has inked an agreement with Indraprastha Gas Limited (IGL) to put up the latter’s CNG pumping facilities at EOL outlets in the NCR (National Capital Region). EOL has been aggressively adding multi-fuel options for its customers and has tie-ups with GSPC (
Japan, the world’s largest LNG importer, is due to receive an LNG cargo from Qatar next week, according to port data. The cargo is being carried by the 216,000 cbm Tembek, and it is expected to arrive at the Futtsu terminal on March 16. The Futtsu Thermal Power Station, one of the most representativ
Colorado School of Mines, Penn State University and the University of Texas at Austin announced a new training initiative to support the rapidly growing shale natural gas and oil development sector. The training programs created under the initiative will be led by the faculty at each academic instit
NYK of Japan said it has decided to introduce an onboard broadband communication system on all its containerships with the aim of reducing CO2 emissions during ship operations. Onboard tests of the broadband communication system started in October 2010 on various types of vessels, and the results ha
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on March 19, according to shipping data. The RasGas Asclepius LNG tanker, with a capacity of 145,ooo cbm, is sailing from Ras Laffan, Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual thr
Ebara International Corporation said that it has been awarded the contract to supply 10 units (9 pumps and 1 expander) for the Shell Prelude project. The contract was awarded by Technip, part of the Technip-Samsung consortium who is building the facility for Shell. The planned location for Shell Pre
Altamira liquefied natural gas terminal in Mexico is due to receive a cargo of LNG from Qatar next week, according to shipping data. The cargo is being hauled by the 210,000 cbm Al Ruwais tanker, and it is expected to arrive on March 16. Last year, Vopak and Enagas have reached an agreement with She
Broadwater Energy said that it has decided not to go forward with any aspect of its LNG project, the company said in a letter to U.S. FERC. Broadwater also asked the Commission to vacate its previous authorization for the LNG project. The company is a joint venture by TransCanada Corporation and She
Taiwan imported 786,711 mt of LNG in February, according to trade statistics. LNG imports in February increased 0,1 percent, compared with the year before. Most of the LNG was shipped from Qatar, and the rest from Malaysia and Indonesia. Taiwan has two LNG import terminals, Yung An and Taichung liqu
With an investment of US$ 115 million, Petrobras Bolivia (35%, the operator of the San Antonio Block), in partnership with YPFB Andina (50%) and Total (15%), inaugurated the third natural gas processing unit at the Sábalo Gas Plant. This undertaking materializes the commitments made for the second p
