GAIL (India) Limited registered a turnover (net of Excise Duty) of Rs. 11260 crore in the third quarter of FY 2011-12 as against Rs.8365 Crore, a 35 percent increase over the turnover in the corresponding period during the last financial year. GAIL’s Net Profit for the third quarter of the FY 2011-1
Ophir announced the contracting of Ocean Rig’s “Eirik Raude”, a dynamically positioned semi-submersible rig, to drill its Equatorial Guinea exploration campaign. Ophir plans a 60 day programme beginning in April 2012 of three firm wells, plus one contingent well in its operated Block R. The wells ar
Iran has exported 7.6 billion cubic meters of its natural gas since the beginning of the current Iranian calendar year (which started on March 21, 2011), managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. He went on to say that, the exports show 10.5 percent growth c
Apache Corporation today announced that it has agreed to acquire Cordillera Energy Partners III LLC, a privately held company with substantial operations that include approximately 254,000 net acres in the prolific Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas
The North West Shelf Project participants have appointed Mr Brian Mumme as the new President of their LNG marketing agency, North West Shelf Australia LNG (NWSALNG). Mr Mumme, 48, replaces Mr Phil Byrne who ended his term as NWSALNG President at the end of November 2011. Mr Mumme will commence his a
The latest LNG cargo to be loaded at Norway’s Hammerfest terminal has been dispatched to Spain, according to shipping data. The 140,000 m3 Arctic Princess departed Hammerfest yesterday, and is expected to arrive at Spain’s Huelva terminal on January 30. Statoil has last week resumed production at th
Golar LNG said today that it has become 100% owner of the LNG Carrier Gandria. Golar has purchased the remaining 50% share interest in Bluewater Gandria N.V, the owning company of the vessel, from an affiliate of Bluewater Energy Services. The price has been agreed all-in at $19.5 million. Prior to
Total gas sales volume by Tokyo Gas Co., Ltd., for the month of December 2011 came to about 1,194.120 million m3, increased by 52.374 million m3 (+4.6%) from December 2010. In the residential sector, volume totaled 333.273 million m3, up 1.7% from December 2010, owing to the increased demand for wat
The first shipment of steel pipe for the Australia Pacific LNG Project arrived in the Port of Gladstone today signalling the start of the construction phase for the main gas transmission pipeline of its CSG to LNG Project. The pipe will be used to construct a 530km gas transmission pipeline that wil
Newly released shipping figures for Milford Haven Port show steady growth and an increase in efficiency throughout last year. With just over 71 million gross tons coming into the port during 2011, this is up almost nine per cent on the previous year, assisted by the cold weather experienced in the f
Cheniere Energy Partners, L.P. declared a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of February 1, 2012, and the related distribution to its general partner. All of these distributions are payable on February 14, 2012. Cheniere Energy Partners, L.P. i
The Center for Liquefied Natural Gas (CLNG), yesterday said that the Energy Information Administration’s (EIA) report on the effects of increased natural gas exports on domestic gas markets is only part of a larger picture of how LNG exports will impact the U.S. economy and does not account for incr
Fortune Oil announced that the Company has purchased, on behalf of its Joint Venture with Mr. LIU Minghui, 25,796,000 additional shares in China Gas Holdings Ltd (CGH), taking the overall Joint Venture holding in CGH to 351,124,000 shares, representing 8.01 per cent of CGH’s issued share capital. Th
OAO Novatek announced today that the Company’s Chairman of the Management Board, Leonid Mikhelson, and the Chairman of the Management Board of OAO Gazprom, Aleksey Miller, held a working meeting which was also attended by the Chairman of the Management Board of Gazprombank (OAO), Andrey Akimov. The
