Samsung, one of Korea’s biggest conglomerates, has expressed interested in participating in the country’s liquefied natural gas (LNG) indust… (philstar) [mappress] Source: philstar, August 15, 2011;
Iran offered to help Turkey with repairing a pipeline which was damaged by an explosion, Spokesman for the National Iranian Gas Company (NIGC), Majid Boujarzadeh announced. He went on to say that, Iranian gas flow to Turkey has been halted due to an explosion on the pipeline in Turkey, Iran’s SHANA
Liquiline announced that it has entered into a contract with E.ON Biofor Sverige AB, in addition to having extended an earlier contract with E.ON Gas Sverige AB. “E.ON is one of the world’s largest private energy companies, and it is with great pleasure we announce yet another contract with this ene
Despite suffering economic losses from a decision to phase out nuclear power, German energy company RWE said it was committed to the Nabucco… (upi) [mappress] Source: upi, August 12, 2011;
OAO NOVATEK today released its consolidated interim condensed financial information for the three and six months ended 30 June 2011 prepared in accordance with International Financial Reporting Standards (IFRS). Total revenues in the second quarter and first half 2011, increased by 57.8% and 59.9%,
PG&E Corporationannounced that Anthony F. Earley, Jr., 62, will become the company’s new Chairman of the Board, Chief Executive Officer, and President. Earley’s appointment – the first in PG&E’s history to come from outside the organization – puts the company under the leadership of one of the natio
Royal Dutch Shell plc announced its intention to commence a share buyback programme in accordance with authority granted by shareholders at the Company’s 2011 Annual General Meeting. The purpose of the share buy-back programme is to offset dilution created by the issuance of shares for the Company’s
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
The government has decided to seek a performance guarantee of $35 million from investors interested in the import of Liquefied Natural Gas… (tribune) [mappress] Source: tribune, August 12, 2011;
Linklaters has advised GDF SUEZ on the potential acquisition by China Investment Corporation (CIC) of a 30% stake in its Exploration & Production division and of a 10% stake in the LNG Atlantic liquefaction plant in Trinidad and Tobago, for a total amount of €2.9 billion. GDF SUEZ is in advanced exc
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal August 19, 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 metre
To support the growing demand for natural gas-fueled refuse vehicles in New Jersey, Clean Energy Fuels Corp.and Covanta Essex, a subsidiary of Covanta Energy Corporation, have been awarded a contract by the Port Authority of New York and New Jersey to site, build, and operate a compressed natural ga
Tata Motors and Ashok Leyland will soon collaborate with Petronet LNG Ltd (PLL) to introduce the use of liquefied natural gas (LNG) for vehi… (business standard) [mappress] Source: business standard, August 12, 2011;
W&T Offshore, Inc. announced today that it has closed its acquisition of Shell Offshore’s 64.3% interest in the Fairway Field along with a 64.3% interest in the associated Yellowhammer gas processing plant, with an effective date of September 1, 2010. This acquisition was part of a larger transactio
