Yesterday at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL signed an Agreement on Gas Supply from the Bolshekhetskaya Depression and the Northern Caspian Sea. Pursuant to the Agreement, LUKOIL will supply Gazprom with
The success of Cargotec’s purpose-built Kalmar terminal tractors continues to go from strength to strength with the recent production of its 50,000th unit at the company’s US manufacturing facility in Ottawa, Kansas. This achievement far surpasses the production pace of competitors further emphasisi
Lanner Group experts have completed a project for energy supplier Gazprom as the Russian giant prepares to execute Phase 1 of the Shtokman liquefied natural gas (LNG) project in the Russian Arctic region. Gazprom, the majority owner (51%) in the Shtokman Development joint venture, appointed leading
Financing for the Nord Stream project is secured: Today, the company together with its shareholders in the consortium, OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, N.V. Nederlandse Gasunie, and GDF SUEZ S.A. announced the successful signing of Phase II financing of the pipeline pr
Rising LNG prices are expected to make commercial and household supply of natural gas costlier by up to 20% this year, particularly in Gujar… (economictimes) [mappress] Source: economictimes, March 4, 2011;
IGas, a domestic gas producer and leading developer of unconventional gas resources in the UK, announced that it has received the necessary regulatory approval to become the operator and sole owner of its licences. This follows an announcement on 31st January 2011 of the signing of an agreement with
The Gazprom Management Committee tackled the issues related to exchange trade in gas and the Electronic Trading Platform (ETP) development at Gazprom mezhregiongaz. It was noted during the meeting that Gazprom was active in streamlining the electronic gas trade and initiating the futures gas contrac
Pacific Northern Gas Ltd. announced that the Board of Directors has declared a special dividend of $3.00 per common share in addition to a regular quarterly dividend of $0.30 per share. The latest quarterly dividend is unchanged from the fourth quarter of 2010 but up from $0.28 in the first quarter
Treasurer Andrew Fraser has welcomed the announcement of a dredging project that will see Gladstone Port become one of the world’s major Liquid Natural Gas exporters. Gladstone Ports Corporation announced that the first stage of the $1.3 billion Western Basin Dredging and Disposal Project has been a
First Hydrocarbon Nigeria (FHN) has today announced the appointment of Faiz Imam (photo) and Adebayo Ayorinde to its Board of Directors. Ahonsi Unuigbe also joins FHN as Chief Financial Officer. Afren plc holds a 45 per cent. shareholding in FHN. Biographies Mr Ayorinde is presently Managing Directo
China Natural Gas Company, Ltd. has selected Black & Veatch and Chemtex to provide engineering, procurement and construction services for three new liquefied natural gas plants in China. The new facilities will feature Black & Veatch’s patented PRICO® refrigeration technology and benefit more than 5
Rising demand for floating offshore gas terminals has resulted in the development of new technologies and specialised units, leading to a number of innovative design concepts. Based on DNV’s extensive experience in this segment, the company has prepared a detailed design and construction guidance, s
Stolt-Nielsen Limited announced that it has acquired through one of its subsidiaries a non-controlling interest in Seaweed Energy Solutions AS, an alternative energy start-up focused on the development of bioethanol and biogas production from the sustainable large-scale cultivation of seaweed. Found
The Gazprom Management Committee approved the updated Program for hydrocarbon resources development on the Russian Federation shelf until 2030 and the Plan of Prioritized Actions over 2011 to 2015. Specialized subdivisions were tasked to monitor the Program and its update it once every five years st
