InterOil Corporation announced that drilling has commenced on the Triceratops-2 appraisal well in Petroleum Prospecting License 237 in Papua New Guinea. The plan is to drill the entire reservoir interval with a predicted total depth of the well of approximately 7,579 feet (2,310 meters). The well is
Repsol YPF has launched the Share Acquisition Plan 2012, approved by the Annual General Shareholders’ Meeting held on April 15th, 2011 under point 15th of the Agenda, addressed to Repsol YPF Group’s employees in Spain with indefinite duration contract that meet the requirements of its general condit
GAIL India, the nation’s biggest natural gas distributor, is in talks with Macquarie Energy to buy LNG from Freeport LNG Development LP’s proposed terminal in the US, Reuters reported, citing GAIL’s chairman B. C. Tripathi. “We are in talks with several suppliers including Macquarie Energy from its
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on January 25, according to the Port of Sines website. The LNG Edo liquefied natural gas carrier, with a capacity of 126,530 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico an
INPEX CORPORATION announced that through its subsidiaries, it has been granted the approval by , the national oil company of Malaysia, to acquire a 75% participating interest in the deepwater Block S, and a 37.5% participating interest in the deepwater Block R respectively, and both blocks are locat
Gulf Coast LNG Exports, LLC applied for approval from the Department of Energy (DOE) Office of Fossil Energy, to grant a long-term, multi-contract authorization for Gulf Coast to export up to the equivalent of 2.8 billion cubic feet per day (Bcf/d), or 1022 billion cubic feet per year (Bcf/y) of LNG
Anadarko Petroleum Corporation today announced its seventh well in the discovery area offshore Mozambique successfully appraised previous discoveries at Lagosta and Camarao. The Lagosta-2 appraisal well, located about 4.4 miles (7 kilometers) north of the Lagosta discovery and 5.3 miles (8.5 kilome
The ten regional electric power companies in Japan consumed 4,981,194 mt of LNG in December, a year-on-year rise of 32.4 percent, according to the Federation of Electric Power Companies of Japan (FEPC). The power companies received 5,021,856 mt of LNG in December, a rise of 27.3 percent on year. Jap
Snam S.p.A. and Fluxys G S.A. agreed to evaluate future joint strategies aimed at pursuing potential development opportunities in the gas sector in Europe, including transport, storage and LNG activities, through projects enhancing the flexibility and security of supply in the current European infra
Fortune Oil said yesterday that, following its announcement that it had entered into a joint venture with Mr. LIU Minghui, the Company has purchased, on behalf of the joint venture, 31,288,000 additional shares in China Gas Holdings Ltd, taking the overall joint venture holding in CGH to 7.4 per cen
I.M. Skaugen said yesterday it is beginning to transform itself into being more of a LNG infrastructure company. “With significant investments in, and efforts to develop, technology and design as well as in Business development, this will require us to concern ourselves with virtually every aspect o
Buccaneer Energy Limited announced that production from its Kenai Loop # 1 well commenced on 14 January 2012. The Company anticipates producing the well at up to 5.0 million cubic feet per day (MMCFD) for the first 2-3 months while reservoir performance is monitored. The Company will be selling gas
Perusahaan Gas Negara , Indonesia’s biggest gas distributor, has set aside $200 million to help finance projects including LNG terminals in North Sumatra and West Java, the Jakarta Globe reported, citing PGN’s director Wahid Sutopo. PGN’s LNG terminal in West Java is expected to start its operations
South Korea’s current inventory of LNG stands at 80 percent of the country’s storage capacity of 3.8 million tonnes, Reuters reported, citing unnamed sources. The country imported 4,806,964 mt of LNG in December, up 46.6% from the same month in 2010. South Korea’s KOGAS, the world’s largest corporat
