GE announced today strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or .36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters. “GE ended 2010 with
El Paso Pipeline Partners, L.P. today announced that the Board of Directors of its general partner has declared a $0.44 per unit quarterly cash distribution for the fourth quarter of 2010, or $1.76 per unit on an annualized basis. This distribution represents a more than 22 percent increase from the
The Federal Energy Regulatory Commission authorized Sempra Energy’s Cameron liquefied natural gas (LNG) terminal to export previously import… (elp) [mappress] Source: elp, January 21, 2011;
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has appointed Mr Dominique de Soras as a Non-Independent Executive Director and also the new Managing Director and Chief Executive Officer with effect from 1 February 2011. He will replace En. Wan Yusoff bin Wan Hamat who will be resigning
Asphar Survey has been awarded a contract to perform a Bathymetric Survey as part of the $US285m Bam CLOUGH PNG LNG Load-out Jetty Project near Port Moresby. The data obtained will form an integral part of the planning and construction for the Jetty and Berthing Basin for the Chiyoda JGC JV and Exxo
France’s GDF Suez SA and Swiss trader Vitol are among 10 firms vying for a contract to build a floating terminal in Bangladesh to receive im… (zawya) [mappress] Source: zawya, January 21, 2011;
Woodside today announced fourth quarter report for period ended December 31, 2010. 2010 production of 72.7 MMboe, within 70–75 MMboe target range. Sales revenue up 20% • Production volumes were down 10% compared to the full year 2009, primarily due to the sale of Woodside’s interest in the Otway Gas
Despite recent localised rain in the Cooper Basin, Beach Energy Ltd is expecting to spud its second shale gas well, Holdfast-1, later today. Holdfast-1 is approximately 24 kilometres to the northeast of the first shale gas well, Encounter-1. The well is targeting the same Roseneath-Epsilon-Murteree
Singapore LNG Corporation Pte. Ltd. (SLNG) has awarded the contract for the engineering, procurement and construction (EPC) of the third Liquefied Natural Gas (LNG) storage tank at the LNG terminal to Samsung C&T Corporation. The third 188,000 cubic metre LNG tank, in addition to the two similar siz
Cheniere Energy Partners, L.P. declared a cash distribution per common unit of $0.425 ($1.70 annualized) to unitholders of record as of February 1, 2011, and the related distribution to its general partner. All of these distributions are payable on February 14, 2011. Cheniere Energy Partners, L.P. o
Eni signed a Memorandum of Understanding today with CNPC/Petrochina, the biggest listed national oil company in the world. The Memorandum of Understanding sanctions a broad spectrum of possible business opportunities to the benefit of both parties in China and internationally. In particular, the com
David Housego, the Chief Financial Officer (CFO) and an executive director of WorleyParsons Limited, has given notice of his resignation so that he can take a well earned break after nearly 12 years of service to WorleyParsons. He will remain with WorleyParsons and assist the incoming CFO until mid
The status of the Nord Stream Pipeline construction and the considerations of the Szczecin and Swinoujscie Seaports Authority regarding deepening and expanding the ports and its approaches were the focal point of a meeting between Nord Stream representatives and a delegation of the Seaports Authorit
Schlumberger Limited today reported full-year 2010 revenue of $27.45 billion versus $22.70 billion in 2009. Full-year 2010 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $3.60 billion, representing diluted earnings-per-share of $2.86 versus $2.78 i
