Pakistan has invited expressions of interest (EOI) from national and foreign banks for the construction of a proposed $1.2 billion pipeline… Source: Dawn [mappress] Source:Dawn , July 19, 2011;
Federal regulators determining whether the Elba Island LNG facility can reopen its truck-loading facility have issued a progress report… By Mary Landers (Savannah Now) [mappress] Source: SavannahNow, July 19, 2011;
As operator of offshore Licence 12/06, PA Resources’ subsidiary PA Resources UK Limited announces initial results of the Broder Tuck exploration well (5504/20-4), located approximately 10 kilometres south of Gorm Field in the Danish part of the North Sea. Following some initial drilling problems, th
Korea’s state-owned natural gas company may be interested in snapping up Royal Dutch Shell PLC’s stake in the Mackenzie Valley Pipeline, an… By Lauren Krugel, The Canadian Press [mappress] Source:Brandon Sun , July 19, 2011;
GAIL (India) Limited has received Award for Excellence in Cost Management from The Institute of Cost and Works Accountants of India (ICWAI). Shri P.K. Jain, Director (Finance), GAIL received the award from Dr. M. Veerappa Moily, Hon’ble Minister of Corporate Affairs, Government of India on behalf of
China Natural Gas, Inc. (“China Natural Gas” or the “Company”), a leading provider of compressed natural gas (“CNG”) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an, China, announced today that it successfully completed trial operation of its Jingb
Chesapeake Energy Corporation today announced its Buffalo Creek 1-17 well located in Beckham County, Oklahoma, recently surpassed cumulative gross production of more than 60 billion cubic feet of natural gas (bcf). Chesapeake operates the well with an 82.6% working interest and a 65.8% net revenue i
Halliburton announced today that net income for the second quarter of 2011 was $747 million, or $0.81 per diluted share, excluding employee separation costs of $8 million, after-tax, or $0.01 per diluted share. Reported net income for the second quarter of 2011 was $739 million, or $0.80 per diluted
Rocksource ASA announced today that the drilling rig “Borgland Dolphin” is in the process of completing drilling operations on the “Breiflabb” prospect, in licence PL 416 in the Norwegian part of the North Sea. The well did not encounter hydrocarbons. The well will be further reviewed in the upcomin
Endeavour International Corporation announced today that it has entered into purchase and sale agreements with SM Energy Company and certain other minority owners to acquire the leasehold and producing interests held by SM Energy and its partners in the Marcellus shale in north central Pennsylvania,
Iran’s Oil Ministry and a Turkish private company are to sign a deal that will result in selling four million cubic meters (mcm) of natural… Press TV [mappress] Source: Prestv, July 18, 2011;
Plans by Venezuelan state oil company PDVSA to export LNG produced from large offshore reserves are a non-starter due to the country’s ongoing gas deficit, the company’s former president Luis Giusti told BNamericas. “I don’t believe it. They can’t even meet their own demand. If you look at the weste
Iranian President Mahmoud Ahmadinejad during a meeting with his Pakistani counterpart Asif Ali Zardari has expressed hope that the Iran-Pakistan gas pipeline will reach the border by the end of 2012. According to the report of the public relations of the NIGC, Ahmadinejad expressed Iran’s readiness
Subsea 7 S.A. announced today the award of a contract valued at approximately $80 million from Chevron Australia Pty Ltd for the Chevron-operated Gorgon Project, offshore Western Australia. The work involves the transportation and installation of subsea umbilicals and structures from Barrow Island –
