The Zarga LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal September 2, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic met
KBR announced today that its Board of Directors has authorized the repurchase up to 10 million of its outstanding common shares. The shares will be repurchased from time to time in the open market at the company’s discretion, subject to market conditions, and in accordance with applicable regulatory
The Norwegian government will consider extending its North Sea gas pipeline infrastructure as far as the Barents Sea if sufficient gas is di… (argusmedia) [mappress] Source: argusmedia, August 26, 2011;
The peak body representing Australia’s oil and gas industry noted the release today of exposure draft legislation by the Federal Government in relation to the 2010 decision to extend the petroleum resource rent tax (PRRT) to cover all petroleum production in Australia. The Australian Petroleum Produ
On August 23, the City of Sacramento Fleet Management was given authorization by City Council to purchase 53 new Liquid Natural Gas (LNG) re… (government-fleet) [mappress] Source: government-fleet, August 25, 2011;
The direct link between the major Russian reserves in Siberia and the European natural gas market is in place: The first line of the Nord Stream Pipeline is now connected to the OPAL natural gas pipeline (Ostsee-Pipeline-Anbindungs-Leitung – Baltic Sea Pipeline Link). “The pipeline system is now rea
In a move to participate in the growing natural gas vehicle market sector in the United States, three investment companies have agreed to invest $150 million in Clean Energy Fuels Corp., North America’s leading provider of natural gas fuel for transportation. The investors are Springleaf Investments
At its meeting on 24 August 2011, the Board of Directors of Oslo Børs resolved to admit shares in Awilco LNG to listing on Oslo Axess. The Board stipulated that, prior to the first of listing, the company must satisfy the requirement for the number of shareholders as specified in Section 2.4.2 of th
Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, has initiated a process to divest of its North Texas natural gas producing assets in the Fort Worth Basin located in the Barnett Shale play. Scotia Waterous (USA) Inc. has been retained as advisor to assist in the process. “The initiat
Petrobras” Brazilian natural gas output was 56.713 million cubic meters per day in July. This shows an 8% increase compared to the same month in 2010 and remained at the same level as June 2011. As a result of maintenance programs on platforms operating in the Campos Basin, Petrobras” Brazilian oil
Striking workers have shut down construction at an important part of Papua New Guinea’s biggest resource project… (radioaustralianews) [mappress] Source: radioaustralianews, August 25, 2011;
The director of Russian gas exporter Gazpromexport’s pricing and contracts division expects higher US gas prices in 2012-13 and a potential… (argusmedia) [mappress] Source: argusmedia, August 25, 2011;
Wednesday Irkutsk hosted the opening of the 20th Annual International Congress “Innovative Technologies in the Oil, Gas, Energy and Communication Sectors”. Gazprom’s delegation led by Oleg Aksyutin, Member of the Company’s Management Committee, Head of the Gas Transportation, Underground Storage and
Daewoo Shipbuilding & Marine Engineering Co. said yesterday that it has won a $280 million deal to build a floating storage and regasificati… (joongangdaily) [mappress] Source: joongangdaily, August 25, 2011;
