The Australian Competition and Consumer Commission has announced that it will not oppose the proposed acquisition of Bow Energy by Arrow Energy Holdings. “The ACCC formed the view that the proposed acquisition of Bow Energy would be unlikely to substantially lessen competition in the wholesale suppl
France has slashed its LNG import schedule for December by more than half, freeing up substantial berthing capacity on the secondary market… (argusmedia) [mappress] Source: argusmedia, December 1, 2011; Image: montoir lng
The most important forum for companies working in the transport industry of Russia finished its work in “Sokolniki” exhibition center of Moscow. The event was sponsored by the SCF group of companies. The exhibition was attended by over 3,000 representatives of government and businesses, who discusse
The Gazprom headquarters hosted a working meeting between Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee and Manabu Miyagawa, Minister of the Japanese Embassy in Russia. The meeting addressed the prospects for the Russian-Japanese cooperation in the energy sector, notably
Premier and State Development Minister Colin Barnett has hailed the start of site works for Chevron’s $29billion Wheatstone LNG project as an exciting milestone for Western Australia. Mr Barnett today attended a groundbreaking ceremony on the State Government’s Ashburton North Strategic Industrial A
China is expected to have total domestic liquefied natural gas (LNG) production capacity of 7.5 million tons per year by 2015, reports … (capitalvue) [mappress] Source: capitalvue, December 1, 2011; Image: cnooc
OAO NOVATEK has announced today that the Company, through its subsidiaries, has acquired a 100% participation interest in the share capital of OOO Gazprom Mezhregiongas Chelyabinsk for total consideration of RR 1.55 billion. Gazprom Mezhregiongas Chelyabinsk is responsible for the sale of natural ga
MEO Australia Limited announced that Robert Zammit has commenced employment with MEO as Executive Manager – Business Development today. Robert brings a wealth of international gas and LNG marketing skills to MEO. His primary role will be to work closely with the Commercial Manager to assist the Comp
Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation and operator of the PNG LNG Project, has confirmed that the PNG LNG Project remains on track to achieve first LNG sales in 2014, with good progress being made on all aspects of the Project. In particular, at the LNG Plant more than 100
An Iranian oil official says the Islamic Republic will soon sign multi-billion-dollar contracts for the development of its joint oil and … (presstv) [mappress] Source: presstv, December 1, 2011; Image: nioc
Eesti Gaas AS, the Estonian gas monopoly, said it will raise natural gas rates for households by 15 percent from January because of higher… (bloomberg) [mappress] Source: bloomberg, December 1, 2011;
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jurgen Grossmann, Chief Executive Officer of RWE. The parties discussed potential establishment of a joint venture in the energy sector. On July 14, 2011 Gazprom and RWE
FMC Technologies, Inc announced today that its Australian subsidiary has signed an agreement with Chevron Australia Pty Ltd for the design, manufacture and supply of subsea production systems to support the Wheatstone Project. The contract has an approximate value of $325 million in revenue to FMC T
South Korea’s Samsung Heavy Industries, has ordered electrical propulsion system from Norway-based STADT AS for a new generation of environmentally friendly ships with LNG-electric propulsion. It’s the patented No-Loss Drive system that is now introduced to the world’s largest shipbuilding nation. T
