Bharat Petroleum Corporation (BPCL) plans to build an LNG import facility and pipeline infrastructure in India to transport gas from a Mozam… (economictimes) [mappress] Source: economictimes, April 5, 2011;
Nord Stream has been awarded the prestigious Infrastructure Journal (IJ) Oil & Gas Deal of the Year Award 2010 at an awards ceremony in London. The Award recognises Nord Stream’s achievement in raising 3.9 billion euros in the first phase of the project’s financing during the challenging financial m
Teekay LNG Partners L.P. announced that it plans to offer 3,700,000 common units representing limited partner interests in a public offering. Teekay LNG expects to grant the underwriters a 30-day option to purchase an additional 555,000 common units to cover over-allotments, if any. The Partnership
Following a public debate held from September 6 to December 17 2010 by the National Commission for Public Debate (CNDP), Elengy has decided to pursue its studies into extending the operation of the Fos Tonkin LNG terminal past 2014, for 20 years, with a maximum natural gas send-out capacity of 7 bil
OAO NOVATEK today announced a change in the shareholding structure of shareholders holding not less than five percent of the Company’s ordinary shares. On 4 April 2011, the Company was notified by Total E&P ARCTIC RUSSIA that it had increased its share in NOVATEK’s equity from zero to 12.0869%. On t
GE today released a study, Flare Gas Reduction: Recent Global Trends and Policy Considerations, which estimates that 5 percent of the world’s natural gas production is wasted by burning or “flaring” unused gas each year—an amount equivalent to 30 percent of consumption in the European Union and 23 p
State-owned gas utility GAIL India Ltd plans to foray into power sector through a tie-up with the nation’s largest electricity generating co… (economictimes) [mappress] Source: economictimes, April 4, 2011;
The Rhode Island Senate will soon weigh in on a proposal to build an offshore natural gas facility in Mount Hope Bay… (washingtonexaminer) [mappress] Source: washingtonexaminer, April 4, 2011;
Speaking at the Kuwait Oil and Gas Summit & Exhibition, Mark Carne, Shell’s Executive Vice President – Middle East and North Africa today outlined the company’s view of natural gas as a current and future source of energy for Kuwait and the region. The Kuwait Oil and Gas Summit & Exhibition, which i
Wärtsilä, a leading provider of power solutions to marine and energy markets, has entered into co-operation with Crisis Management Initiative, an independent Finnish non-profit organisation, which works to resolve conflicts and to build sustainable peace. As lead partner, Wärtsilä supports the activ
The LNG Ondo liquefied natural gas carrier, with a capacity of 148,478 cubic metres, is due to arrive in the UK’s Dragon terminal April 10, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site ove
Fortune Oil a company listed on the London Stock Exchange main board focusing on oil, natural gas and resource supply operations and investments in China, announced the signing of a US$180 million (£112 million) loan agreement by Fortune Oil PRC Holdings Limited, the Company’s principal intermediate
With effect from 30th of June 2011, the Japanese shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line Group) will acquire another 50 per cent of the SAL Group and with that will become the sole shareholder of the company. Over the past five years, the two companies have developed a successful part
Petroceltic International plc, the independent oil & gas exploration company focussed on the Middle East-North Africa and Mediterranean region today announced its results for the year ended 31 December 2010. Highlights: – 6.1 TCF Petroceltic estimate of most likely gas resource in place in the Isare
