Höegh LNG Holdings Ltd. has entered into an agreement to acquire the “LNG Libra”, a 126,400 cbm Moss type LNG carrier built in 1979. The seller is BGT Limited, a subsidiary of Höegh LNG’s long standing partner Mitsui OSK Lines (MOL). The vessel is to be delivered in the second quarter of 2012. The t
For the three and six months ended June 30, 2011, Cheniere Energy Partners, L.P. reported a net loss of $6.9 million and $9.1 million, respectively, compared with net income of $58.4 million and $117.2 million for the same periods in 2010, respectively. For the three and six months ended June 30, 20
Gazprom’s group of experts led by Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee is finishing its business trip to the Far East. Today in Khabarovsk Alexander Ananenkov moderated a working meeting with Choo Kangsoo, President – CEO of Kogas. It was highlighted during the
Golden Valley Electric Association and Flint Hills Resources Alaska have commenced engineering on a natural gas liquefaction facility on Alaska’s North Slope. The two companies have signed a memorandum of understanding to exclusively negotiate agreements to construct and operate a facility that woul
Brazil’s state-controlled oil company Petrobras has postponed a costly plan to install a floating LNG platform in the Santos basin’s sub-sal… (argusmedia) [mappress] Source: argusmedia, August 5, 2011;
The United Nation’s environmental arm has admonished the Queensland and Australian governments for allowing liquefied natural gas processing… (smh) [mappress] Source: smh, August 5, 2011;
Federal Energy Department records show that Lake Charles Exports LLC was granted authority on July 22 to export domestic natural gas from it… (washingtonpost) [mappress] Source: washingtonpost, August 5, 2011;
Belmont-based subsea engineering and remote technology firm Velocious has won a contract for specialist subsea work on Chevron’s $43 billion… (wabusinessnews) [mappress] Source: wabusinessnews, August 5, 2011;
EOG Resources, Inc. reported second quarter 2011 net income of $295.6 million, or $1.10 per share. This compares to second quarter 2010 net income of $59.9 million, or $0.24 per share. Consistent with some analysts’ practice of matching cash flow realizations to settlement months, and making certain
Metgasco announced that 58,723,231 new fully paid ordinary shares in the Company have been issued and allotted to shareholders under the recent Share Purchase Plan. Holding statements will be dispatched to shareholders today. The Company has raised a total of $15.3 Million through the Share Purchase
Petronas, todate, has invested RM61 billion in the upstream and downstream activities of Sabah’s petroleum sector, hence contributing signif… (bernama) [mappress] Source: bernama, August 5, 2011;
Fluor Corporation’s board of directors has declared a quarterly cash dividend of $0.125 per share on the company’s common stock, payable October 4, 2011, to shareholders of record on September 2, 2011. Fluor Corporation designs, builds and maintains many of the world’s most challenging and complex p
Fearing the higher project cost, Rs 21,000 crore fertilizer maker IFFCO is seeking gas allocation at the earliest. IFFCO is unable to expan… (economictimes) [mappress] Source: economictimes, August 4, 2011;
Apache Corporation reported production of 749,000 barrels of oil equivalent (boe) per day and earnings of $1.2 billion, or $3.17 per diluted share, for the three-month period ending June 30, 2011. These compare with production of 647,000 boe per day and net income of $860 million, or $2.53 per dilut
