Sempra Energy reported 2010 earnings of $739 million, or $2.98 per diluted share, compared with 2009 earnings of $1.12 billion, or $4.52 per diluted share. Excluding the results of Sempra Commodities, whose assets have been sold, Sempra Energy’s earnings per share for the full year rose 14 percent t
Mitsubishi Corporation and Korea Gas Corporation today signed a Memorandum of Understanding for strategic collaboration in their natural gas businesses, mainly for liquefied natural gas (LNG) projects under the presence of the CEOs of both companies. MC and KOGAS have established a long-standing goo
The Board of Directors of Severneftegazprom elected Stanislav Tsygankov, Head of the Gazprom International Business Department as the company’s Director General. Background Severneftegazprom holds a license for geological exploration and hydrocarbons production within the Yuzhno-Russkoye subsurface
Punjab government and private sector business and industry representatives have worked out technicalities to import Liquefied Natural Gas… (thenews) [mappress] Source: thenews, February 25, 2011;
Argentina plans to double the amount of liquefied natural gas cargoes imported this year… (oneindia) [mappress] Source: oneindia, February 25, 2011;
The Al Sadd LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 4, 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 metre
Australia Pacific LNG Pty Ltd and China Petrochemical Corporation have signed a Heads of Agreement establishing non-binding key commercial terms for the supply of up to 4.3 million tonnes per annum of LNG for 20 years and for Sinopec to subscribe for a 15% ownership interest in Australia Pacific LNG
Liquefied Natural Gas Limited announced that the Queensland Department of Environment and Resource Management has granted environmental approval for the Company’s wholly owned subsidiary, Gladstone LNG Pty Ltd, to build a ~ 21 km gas pipeline (PPL 161) from the Callide Infrastructure Corridor to the
El Paso Pipeline Partners, L.P. reported fourth quarter and full-year 2010 financial and operational results. Highlights: — $0.53 earnings per common unit for fourth quarter 2010 — $118 million distributable cash flow for fourth quarter 2010, a 91 percent increase from fourth quarter 2009 — $212 mil
The Board of Woodside has declared a final dividend for 2010 of 55 United States (US) cents per share. The dividend will be paid on 6 April 2011 to all shareholders registered on the record date of 2 March 2011. The dividend will be fully franked for Australian taxation purposes. Woodside dividends
Siemens Energy has been awarded contracts from Thailand for a total of 16 SGT-800 industrial gas turbines for combined cycle cogeneration plants (CCCP) under Thailand´s Small Power Producer (SPP) program. For the end customer Gulf JP, an independent power producer headquartered in Bangkok, Siemens w
TEI S.p.A., a leading Italian environmental engineering company, has purchased an LM6000 aeroderivative gas turbine from GE for a second combined-cycle power plant to be located in the Chianti region of Italy, near Tuscany. This project follows the success of the first mid-merit project between the
Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF). Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. today reported its results for the quarter ended December 31, 2010. During the fourth quarter of 2010, the Partnership generated distributable cash flow(1) of $39.3 million, compared to $33.5 million in the same quarter of the previous y
