In 2015, LNG net imports grew by 16.6 percent in Europe as demand for natural gas grew in the region, according to the international association for natural gas, Cedigaz.
Oil and gas explorers Rockhopper Exploration and Falkland Oil and Gas (FOGL), have finalized their previously proposed all-share merger. To remind, on November 24, 2015, the boards of Rockhopper and FOGL announced that they had reached agreement on the terms of a recommended merger to be effected by
Saudi Arabia’s reluctance to cut production to maintain its share of the global crude market has paid off, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. By not “blinking first”, the Kingdom has succeeded in driving rigs out of the US shale market with current rotary r
Dutch Gate terminal in the port of Rotterdam, a unit of Gasunie and Vopak, said it reached on January 14 the 1000th loading at its truck loading facility. According to a statement by Gate, since the start-up of the terminal’s first LNG truck loading facility in January of 2014, 15 different customer
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country over the weekend.
Chariot Oil & Gas, an independent oil and gas exploration company, has started a 3D seismic acquisition survey of approximately 2,600 square km in Blocks 2312 & 2412A (the Central Blocks), offshore Namibia. Chariot Oil & Gas’ partners are AziNam with 20% interest, NAMCOR 10%, and Ignitus with 5% int
Sustained joint action is essential to ensure the maximum recovery of oil and gas from the UK Continental Shelf (UKCS) prior to the inevitable decommissioning phase, a report by the Scottish Parliament’s Economy, Energy and Tourism Committee has concluded, urging the industry not to rush to decommis
The President of Mexico, Enrique Peña Nieto, will open the 35th IHS CERAWeek, one of the world’s most important energy events, to be held February 22-26 at the Hilton Americas—Houston. On February 22, President Peña Nieto will receive the IHS CERAWeek Global Energy Lifetime Achievement Award and del
Peter Bennett has been appointed as Chief Executive Officer of the Murray & Roberts Oil & Gas business platform and of Clough Limited with effect 1 February 2016 and will also join the Murray & Roberts Limited board. Bennett succeeds Kevin Gallagher, who was appointed CEO of Santos Limited in Novemb
Bibby Marine Services Ltd, part of the Bibby Line Group’s portfolio of companies, has signed a contract with Dutch shipbuilder Damen for a purpose-built Service Operations Vessel (SOV) to serve the offshore wind market. The new vessel, called Bibby WaveMaster 1, represents the first collaboration of
Popular news, January 11 – 17, 2016
Tidal Energy Today has compiled the top news from tidal and wave energy industry from January 11 – 17, 2016. MaREI, MARINET bag multi-million R&D grants Funding in the amount of €1,955,742 was granted to MaREI and the University of Limerick to develop marine renewable energy remote operation vehicle
Shell-BG merger hits shareholders bump Shell’s proposed combination with BG Group came across a first obstacle on the road towards the shareholder vote on January 27 as Standard Life Investment opted to vote against the merger. LNGWN poll: how will the shareholders vote on Shell-BG deal? The global
Paragon Offshore, a provider of jack-up offshore drilling rigs, has decided to defer an interest payment of approximately $15.4 million due today on its 6.75% senior unsecured notes maturing July 2022. The driller, which recently got delisted from the New York Stock Exchange due to its shares under-
