PTT is ready to supply liquefied natural gas if the National Energy Policy Committee today agrees to delay the construction of nuclear power… (nationmultimedia) [mappress] Source: nationmultimedia, April 27, 2011;
During the quarter ended March 31, 2011, Petronet LNG has operated at its full capacity of around 10 MMTPA. The company has regasified a total volume of 125.75 TBTUs against 91.75 TBTUs in the corresponding quarter last year resulting in a turnover of Rs. 3,986 crores, an increase of over 67 % and N
CB&I Tuesday reported net income of $50.5 million, or $0.50 per diluted share, for the first quarter of 2011, compared with $42.2 million, or $0.42 per diluted share, in the first quarter of 2010. Revenue for the quarter was $954.3 million compared with first quarter 2010 revenue of $869.3 million.
Valero Energy Corporation today reported income from continuing operations of $104 million, or $0.18 per share, for the first quarter of 2011, compared to a loss from continuing operations of $80 million, or $0.14 per share, for the first quarter of 2010. Included in the first quarter 2011 results w
As a result of the 2010 shallow water bid round in Trinidad and Tobago, RWE Dea has been awarded one of the country’s offshore blocks. The respective Production Sharing Contract has now been signed with the Government of Trinidad and Tobago in Port of Spain. For RWE Dea, this marks the entry into th
Portugal’s port of Sines has received a shipment of Liquefied Natural Gas (LNG) from Nigeria. The LNG Sokoto, according to the website of ad… (allafrica) [mappress] Source: allafrica, April 26, 2011;
Chesapeake Energy Corporation announced today that it, through a new wholly owned subsidiary, Nomac Acquisition, Inc., is commencing a cash tender offer to purchase all outstanding shares of common stock of Bronco Drilling Company, Inc. . On April 15, 2011, the companies previously announced a defin
As scheduled, April 23, 2011, Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, more than 200
Edison sold to ExxonMobil Italiana Gas Srl and Qatar Terminal Ltd a 2.703% stake in Terminale GNL Adriatico Srl by exercising a Tag Along option. The disposal price is 78.2 million euro and the deal will generate a capital gain of 5.1 million euros. As a consequence, the resulting Edison stake in Te
The EGL Group and the Demirören Group have established two joint ventures in Turkey. The objective of the two reorganised companies is to expand presence in the Turkish electricity and natural gas markets. The two energy sectors offer highly attractive development opportunities. The two former compa
Personnel supplier iPS is opening an office in Perth, Australia. Hans Slootweg (image) will represent iPS being responsible for the regional Maritime, Dredging and Oil & Gas industry. iPS has expertise in complex, international personnel solutions in the Maritime and Offshore industries. The company
The 2011 Alternative Clean Transportation (ACT) Expo will showcase new natural gas technologies, including the latest information and products in the advanced clean vehicle technology and alternative fuel transportation sector. The ACT Expo will include a robust lineup of natural gas OEMs, fleet ope
Bechtel Corporation announced its business results for 2010, highlighting a strong year in which the company’s diverse portfolio once again delivered solid results. Bechtel had revenue of $27.9 billion; new work booked of $21.3 billion, which was up 5 percent from the previous year; and ended the ye
Oil and gas commissioning and technology specialist qedi, part of AMEC, the international engineering and project management company, has underpinned its position in the Australian market by being awarded a key contract on a high-profile coal seam gas storage project. QGC, a BG Group business, has a
