Union Ministry of Environment and Forest (MoEF) has given its final nod to Petronet LNG Ltd’s proposal for expanding the capacity of liquefi… (timesofindia) [mappress] Source: timesofindia, October 28, 2011;
Japanese utility Chubu Electric Power Co said on Friday it plans to buy 13 million tonnes of liquefied natural gas (LNG) in the current fin… (reuters) [mappress] Source: reuters, October 28, 2011;
British long-term gas prices fell on Friday as a rally a day earlier driven by eurozone rescue proposals ran out of steam and as low… (reuters) [mappress] Source: reuters, October 28, 2011;
Vlada Rusakova, Member of the Management Committee, Head of the Strategic Development Department of Gazprom and Alexander Kim, First Deputy Governor of the Khanty-Mansiysk Autonomous Okrug (KhMAO) – Yugra signed in Khanty-Mansiysk yesterday a Sci-Tech Cooperation Agreement between Gazprom and the Kh
Progress Energy Resources Corp. announced results for the three months ended September 30, 2011. Highlights On August 2, 2011, closed the $1.07 billion strategic partnership transaction with PETRONAS, with Progress receiving 25 percent of the total consideration ($267.5 million) in cash and 75 perce
The Executive Committee of EXMAR NV gave its trading update for the third quarter of 2011. Key-figures are: LPG The operating result (EBIT) of the LPG fleet in the third quarter was USD 2.3 million (compared to USD 1.8 million for the third quarter of 2010), including 72 offhire days. Midsize – EXMA
Total announced results for the third quarter and first nine months of 2011. Commenting on the results, Chairman and CEO Christophe de Margerie said : “Total reported adjusted net income of 2.8 billion euros for the third quarter, stable compared to the second quarter, despite a slightly weaker envi
Santos today announced that it has agreed to sell its entire working interest in NT/P 48 (Evans Shoal) in the Bonaparte Basin offshore northern Australia for up to US$350 million to a major international exploration and production company already operating in Australia. Santos will receive a cash co
KBR announced that third quarter 2011 net income attributable to KBR was $185 million, or $1.22 per diluted share, compared to net income attributable to KBR of $97 million, or $0.62 per diluted share, in the third quarter of 2010. Consolidated revenue in the third quarter was $2.4 billion compared
Leading classification society ABS is further strengthening its ties to the Korean maritime industry by establishing the ABS Korea Energy Technology Center (KETC) in Busan in early 2012. This is ABS’ first energy center and will focus on applied research to a broad range of current and future techno
Exoma Energy Limited announced that the seventh well of its 2011 exploration campaign, Hollowback-1, has spudded. The primary target of this well will be the coal seam gas (CSG) in the Permian coal measures of the Galilee Basin in Central Qld. Exoma has a 50% beneficial interest in Hollowback-1 and
Mitsui O.S.K. Lines, Ltd. today announced that MOL and Osaka Gas International Transport Inc. (OGIT), subsidiary of Osaka Gas Co., Ltd., have agreed on a plan to co-own two newbuilding LNG carriers. The agreement also includes a contract with Mitsubishi Heavy Industries Co., Ltd. (MHI) to build the
Golar LNG Limited announced that Board member Tor Olav Troim has on 27 October, 2011 extended a forward contract in respect of 175,000 shares in the Company. The new forward contract expires on 27 April, 2012 at a price of NOK 170.3087 per share. After this trade, Mr. Troim has an exposure of 375,00
Chevron Corp. announced further drilling success by its Australian subsidiary in the Carnarvon Basin offshore Western Australia, Australia’s premier hydrocarbon basin. The Acme West-1 well encountered approximately 377 ft (115m) of net gas pay, while Acme West-2 well encountered 184 ft (56m) of net