Chevron Corporation achieved its safest year in company history, reduced its total energy consumption by 33 percent compared with 1992 levels, invested $197 million in communities around the world, and spent more than $2 billion with small U.S. businesses, according to the company’s 2010 Corporate R
On 6th May 2011, the Board of Directors of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has approved the consolidated results for the financial year ended 31st March 2011. MHB achieved a revenue of RM4,435.4 million and the Group’s profit before tax improved by 12.4% to RM424.0 millio
Fluor Corporation announced financial results for its first quarter ended March 31, 2011. Net earnings attributable to Fluor for the first quarter were $140 million, or $0.78 per diluted share, compared with $137 million, or $0.76 per diluted share in the first quarter of 2010. Segment profit for th
BG Group Ltd. is hopeful it will be able to resume work on a pipeline connecting onshore gas fields to its US$15 billion gas export project… (advfn) [mappress] Source: advfn, May 6, 2011;
EOG Resources, Inc. reported first quarter 2011 net income of $134.0 million, or $0.52 per share. This compares to first quarter 2010 net income of $118.0 million, or $0.46 per share. Consistent with some analysts’ practice of matching cash flow realizations to settlement months, and making certain
Woodside welcomes the decision by the Goolarabooloo Jabirr Jabirr native title claim group to approve a proposal for a Native Title Agreement, which will enable the Western Australian Government to establish an LNG Precinct at James Price Point, 60 km north of Broome. This decision is a key step to
Australian Petroleum Production & Exploration Association (APPEA) Chairman Eric Streitberg has announced that APPEA Chief Executive Belinda Robinson will step down in mid July at the conclusion of her current contract term. “After six years as APPEA’s Chief Executive, Belinda has regrettably decided
Ryder System, Inc. celebrated the grand opening of its first natural gas vehicle maintenance facility and took an initial delivery of natural gas vehicles in Southern California on Wednesday. The celebration took place at Ryder’s Rancho Dominguez commercial truck rental, leasing, and maintenance fac
BG Group has signed a sales and purchase agreement with Chubu Electric Power Co. Inc, concluding negotiations announced in October 2010 for the long-term supply of liquefied natural gas (LNG). Under the agreement Chubu Electric will purchase up to 122 cargoes over 21 years, starting in 2014. This wi
Fluxys Finance – a subsidiary of Fluxys G – has signed an agreement with BNP Paribas Fortis and KBC for a 3-year, €400 million credit line to finance the group’s investment projects. Fluxys G will guarantee the commitments made by Fluxys Finance, the unit responsible for the centralised management o
Nakilat Damen Shipyards Qatar (NDSQ) announced it had been certified under the ISO 9001:2008 standard by Lloyd’s Register Quality Assurance (LRQA) — one of the world’s leading accreditation authorities and recognized for their high standards of technical competence. The certification attests to NDSQ
Daulton Capital Corp., has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papua New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC’s property in PNG. Daulton expects to close on the agreement within ten days. “We believe
Gas company Novatek, whose board of directors includes Gennady Timchenko, a longtime acquaintance of Prime Minister Vladimir Putin, was the… (themoscowtimes) [mappress] Source: themoscowtimes, May 5, 2011;
Pacific Gas and Electric Company (PG&E) today announced a major realignment of its natural gas operations under a single senior executive and appointed an experienced turnaround specialist to lead across-the-board performance improvements within the organization. Nick Stavropoulos, a veteran natural
