Woodside announced that it has revised the expected cost and schedule of the Pluto LNG Project following its regular review of the progress of the project. The first LNG cargo is now estimated for March 2012. The revised estimate is attributable to slower than expected progress on the commissioning
In order to adapt the organization to the Strategic Plan and improve efficiency in the management of the company, Repsol YPF has approved Thursday the appointment of Miguel Martinez San Martin as Chief Financial Officer and ED Affiliated Companies. The new division’s functions include financial mana
Reliance Gas Transportation Infrastructure (RGTIL) is reluctant to build two pipelines it had planned because no gas has been allocated, but… (economictimes) [mappress] Source: economictimes, June 17, 2011;
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Dusan Bajatovic, Chief Executive Officer of Srbijagas held a meeting today as part of the St. Petersburg International Economic Forum 2011. The parties discussed the progress with the transnational South Stream gas pipeline
With President Cristina Fernández de Kirchner present to honor the opening of Argentina’s second LNG import facility, a joint development between YPF S.A., ENARSA and Excelerate Energy, GNL Escobar (GNLE) was officially open for business on June 8, 2011. Located on the Paraná River, about 30 miles o
GDF SUEZ has signed a time charter-party with the Japanese shipowner NYK Line for the LNG carrier Grace Acacia, for a 4-year period starting from summer 2012. The Grace Acacia is co-owned by NYK Line and Mitsui and has been delivered from Hyundai shipbuilding yards in 2007. She is equipped with Mark
A meeting between Alexander Medvedev (image), Deputy Chairman of the Gazprom Management Committee and Zoran Stavreski, Deputy Prime Minister of the Republic of Macedonia was held today within the framework of the St. Petersburg International Economic Forum 2011. The meeting participants discussed th
The Umm Slal LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal June 23, 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 metr
Energy Transfer Equity, L.P. and Southern Union Company today announced that the two companies have entered into a definitive merger agreement whereby ETE will acquire Southern Union for $7.9 billion, including approximately $3.7 billion of existing SUG debt, creating the premier group of integrated
Singapore’s move to import and trade liquefied natural gas (LNG) is helping draw more LNG-related business. Oil major Shell wants to source… (businesstimes) [mappress] Source: businesstimes, June 16, 2011;
ConocoPhillips today announced it has signed a Production Sharing Contract (PSC) with the Government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips’ first investment in the People’s Republic of Bangladesh. ConocoPhillips hold
Clean Energy Fuels Corp. has been awarded a three-year contract extension to supply LNG fuel to Sun Metro, the public transit agency serving the City of El Paso, Texas and neighboring New Mexico communities. Clean Energy has been under contract to provide LNG fuel to Sun Metro since December 2003, w
On May 20, CCCC Second Harbor Consultants Co., Ltd. and CCCC First Harbor Engineering Co., Ltd. jointly won the EPC (engineering, purchase and construction) project of Shandong LNG Dock and land area formation works, with total value of RMB 857 million. The building size of Shandong LNG Dock project
Nearly four months after Reliance Industries Limited (RIL) signed a deal with British Petroleum (BP) for getting BP’s technology for deep-se… (business-standard) [mappress] Source: business-standard, June 16, 2011;
