The Australian Competition and Consumer Commission said on Thursday it will not oppose the proposed $70 billion acquisition of BG by Royal Dutch Shell.
After several delays in making a decision, the Australian Competition and Consumer Commission (ACCC) has informed it will not oppose Shell’s $70 billion acquisition of BG Group. Commenting on ACCC clearance Shell CEO, Ben van Beurden, said: “The addition of BG’s integrated gas assets in Australia to
Cheniere could see half of its US LNG supply reaching Europe in the future, but buyers might re-export some of the cargoes to other markets.
Panoro Energy, an independent exploration and production company, has narrowed its loss in the third quarter of 2015 when compared to the same period last year. The total net loss in the third quarter of 2015 was $1.8 million, compared to a net loss of $2.2 million in the corresponding period last y
Fluxys Belgium, the operator of the Zeebrugge LNG terminal said its first nine months turnover was at €389.9 million compared to €399.7 million during the same period in 2014.
Japan’s imports of liquefied natural gas dropped 12.8 percent in October as compared to the same month a year ago. The world’s largest buyer of the chilled gas imported 6.06 million tonnes of LNG last month, preliminary data from the Ministry of Finance reveals. Japan paid 357,024 million yen for im
Florida-based Eastern Shipbuilding Group (ESG) has launched the multi-purpose support vessel (MPSV) HARVEY SUB-SEA (Hull 249), built for Harvey Gulf International Marine. The launching ceremony was held at ESG’s Allanton facility. Deacon Tim Warner of Saint John’s Catholic Church of Panama City, Flo
ScottishPower Renewables has officially submitted plans for East Anglia THREE, a new 1,200MW wind farm to be located off the coast of Suffolk. The East Anglia THREE development will require up to 172 wind turbines, and covers an area of 305km2 in the southern North Sea. Once completed, the wind farm
DNV GL and ZephIR Lidar have signed a framework agreement which allows customers to request a ‘DNV GL Independent Quality Report’ in addition to the standard Performance Verification provided with all new systems. Ian Locker, MD at ZephIR Lidar, said: “This framework agreement gives the industry fur
Singapore-headquartered gas shipping company BW LPG ended the third quarter of 2015 with USD 106.2 million net profit, a 21.4% increase compared to USD 87.5 million reported for the same period a year earlier, driven mainly by improved time charter equivalent (TCE) earnings and a bigger operating fl
MAN Diesel & Turbo’s Swedish unit revealed it will acquire the marine fuel gas supply system business from Gothenburg-based Cryo AB, part of the Linde Group.
Germany’s association of gas transmission system operators, FNB Gas revealed a Network Development Plan 2015 including the TENP reverse flow project.
Oil & Gas UK has welcomed the formal launch of a consultation on a Strategy to Maximise the Economic Recovery of the North Sea (MER UK) which defines how the new Oil and Gas Authority will work with industry and across Government to deliver maximum value from Britain’s offshore oil and gas resource.
Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced Mike Celata as the regional director of the Gulf of Mexico Outer Continental Shelf (OCS) Region, November 17. Celata, who starts his position immediately, has been with BOEM and its predecessors since 1988. He served as
