South Korea’s Hyundai Heavy Industries, said today that it is aiming to win US$30.6 billion worth of orders in 2012. The company also said it is targeting sales of 27.6 trillion won ($24 billion) this year. Hyundai Heavy is the world’s largest shipbuilding company, and it is headquartered in Ulsan,
Dart Energy (CBM) International Pte Limited, a wholly owned subsidiary of Dart Energy Limited has agreed to acquire all of the unconventional gas assets of Greenpark Energy Limited, comprising 22 onshore licences in the UK. Consideration is a total of $42 million to be paid in two tranches, and made
Pakistan’s Foreign Ministry has once again announced that the completion and implementation of Iran-Pakistan gas pipeline is a high priority for the country. “Pakistan is trying to accelerate the construction work on the pipeline and plans to complete it in the shortest time possible“, Iran’s SHANA
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on January 7, according to the Port of Sines website. The LNG Oyo liquefied natural gas carrier, with a capacity of 140,500 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and
A record number of LNG tankers have loaded in the Year 2011 in Ras Laffan Port and on 28th December 2011, the RasGas vessel ‘Simaisma’ became the 1000th LNG tanker to arrive in the Port. The RasGas chartered vessel built by the Korean Daewoo shipyard and delivered in 2006 is able to load an LNG [&he
Alexey Miller, Chairman of the Gazprom Management Committee reported to Vladimir Putin, Prime Minister of the Russian Federation on the negotiations with Ukraine in the gas sector and, in this regard, on the South Stream project implementation. According to Alexey Miller, Ukrainian partners estimate
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG this week, according to the Milford Haven Port Authority website. The Umm Slal LNG tanker, with a capacity of 266,000 cbm, is due to arrive on January 7. The South Hook terminal can process 15.6 million tonnes of LN
Gazprom has newly appointed the following top managers: Vitaly Markelov as Deputy Chairman of the Management Committee in charge of the production block; Vladimir Markov as Head of the Department for Relations with the Russian Federation Authorities; Elena Mikhailova as Head of the Asset Management
SAC Capital Advisors, a hedge fund run by US investor Steven Cohen, purchased a 5.7 percent stake in Cheniere Energy, according to a filing with SEC. Cheniere is a Houston-based energy company primarily engaged in LNG related businesses, and owns and operates the Sabine Pass LNG terminal and Creole
Focused on supporting natural gas fueling in North America, investors, including Boone Pickens, have invested a total of $150 million in Clean Energy Fuels Corp., North America’s leading provider of natural gas fuel for transportation. The investments resulted from the exercise of Mr. Pickens’ warra
Repsol has signed the deal on the acquisition of 100% of the Russian company Open Joint Stock Company Eurotek, which holds exploration and production licences in West Siberia. The transaction has been preapproved by the Federal Antimonopoly Service of the Russian Federation. Repsol will pay a total
Fortune Oil announced that it has entered into an agreement with Mr. LIU Minghui to form a newly incorporated 50/50 joint venture company, China Gas Group Limited. LIU Minghui is presently a substantial shareholder in China Gas Holdings (CGH), with many years of experience of developing gas business
Saint Petersburg hosted a working meeting between Alexey Miller and Georgy Poltavchenko, Governor of Saint Petersburg. The parties expressed a high opinion of the joint efforts made to develop a gas supply system in the city. It was noted that between 2002 and 2010 the total investments by Gazprom i
The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on December 29, 2011. The Board of Directors reviewed the Company’s activities in 2011 and stated that extensive work on the preparatory stage of the Project was carried out during the year. The shareholders
