Halliburton announced today the pricing of an offering of $1 billion in an aggregate principal amount of senior notes. The notes are being issued in two tranches – $500 million of 10-year notes bearing interest at a fixed rate of 3.25% per year and maturing on November 15, 2021, and $500 million of
The International Bunker Industry Association’s (IBIA) board has taken a formal decision to “become more closely engaged in LNG matters”. The move was announced at last week’s IBIA’s Annual Convention, held in Barcelona, by its acting chief executive Trevor Harrison. He told delegates that the assoc
Southern Union Company today reported third quarter net earnings available for common stockholders of $58.0 million ($0.46 per share), compared with $36.6 million ($0.29 per share) in the prior year. Adjusted net earnings for the same period were $53.3 million ($0.42 per share), compared with $50.2
Indonesia’s top gas distributor, Perusahaan Gas Negara (PGN) , has agreed to more than double its gas purchase price from Santos Indonesia t… (reuters) [mappress] Source: reuters, November 8, 2011; Image: pgn
The Nord Stream Pipeline became operational today and was hailed by political and business leaders as making a significant contribution to Europe’s long-term energy security. German Federal Chancellor Angela Merkel, Russian President Dmitry Medvedev, the Prime Ministers of France François Fillon and
Norwegian-based liquefied natural gas (LNG) transportation and services company Höegh has been appointed as the contractor to construct the Belawan floating storage and regasification unit (FSRU) in North Sumatra, which is owned by state gas distributor PT PGN. Deputy Energy and Mineral Resources Mi
Iranian Oil Minister Rostam Qassemi announced that Phase 10 of Iran’s giant South Pars Oil and Gas field will come on stream within the next… (farsnews) [mappress] Source: farsnews, November 8, 2011;
Chile’s Quintero liquefied natural gas regasification plant will expand its capacity 50% to meet growing demand, El Mercurio newspaper repor… (advfn) [mappress] Source: advfn, November 8, 2011; Image: gnl quintero
Polish gas monopoly PGNiG turned to arbitration court in Stockholm, seeking to cut gas prices under its long-term supply deal with Russia’s… (reuters) [mappress] Source: reuters, November 8, 2011; Image: pgnig
Australia passed landmark laws on Tuesday to impose a price on carbon emissions in one of the biggest economic reforms in a decade and injec… (reuters) [mappress] Source: reuters, November 8, 2011
PAS, a supplier of human reliability software and services to the power and processing industries worldwide, announced that Qatargas, the world’s largest liquefied natural gas (LNG) producer, has chosen PAS’ PlantState Suite alarm management software and engineering services for an improvement proje
British prompt gas prices fell 3.5 percent on Tuesday morning as temperature forecasts were revised upward and the outlook for liquefied… (reuters) [mappress] Source: reuters, November 8, 2011; Image: uk national grid
Spanish utility Gas Natural Fenosa met analysts forecasts on Tuesday with little change to nine month profits from a year ago, as solid grow… (reuters) [mappress] Source: reuters, November 8, 2011; Image: gas natural
More than 130 people from Surat Basin and Western Downs businesses have gathered in Chinchilla to learn how they can best meet the demands of work associated with the Queensland Curtis LNG Project being developed by QGC Pty Limited. Representatives of 95 local companies attended the QGC Local Busine
