GDF SUEZ through its subsidiary Storengy has agreed to buy five natural gas underground storage facilities in Germany and a 19.7% stake in another one. The transaction covers the storage facilities held by BEB Speicher GmbH and by ExxonMobil Gasspeicher Deutschland GmbH. Whilst BEB Speicher GmbH is
Iran’s gas export has increased by 8 percent during the first month of winter compared with the same period last year, deputy of managing director of the National Iranian Gas Company (NIGC), Mr. Khashkoli announced here on Sunday. According to the report of the public relations of the NIGC, the incr
A Board of Audit and Inspection (BAI) report into the controversial Four Rivers Project is nothing more than a weak attempt to justify an… By John Choi (ucanews) [mappress] Source: ucanews, February 1, 2011;
OJSC Rosneftbunker, an oil-trader Gunvor company, shipped the first consignment of oil products from a terminal at the Leningrad region port… (interfax) [mappress] Source: interfax, February 1, 2011;
CNOOC Limited announced its 2011 business strategy and development plan. The total net production of the Company in 2011 is targeted at 355-365 million barrels of oil equivalent (BOE) (assuming with WTI at US$82.0/barrel). The Company’s net production for 2010 is estimated to be 327-329 million BOE
Wind turbines could one day straddle thousands of miles of rich fishing grounds in the waters south of Martha’s Vineyard and Nantucket if… By Don Cuddy (southcoasttoday) [mappress] Source: southcoasttoday, January 31, 2011
Wind turbines could one day straddle thousands of miles of rich fishing grounds in the waters south of Martha’s Vineyard and Nantucket if… By Don Cuddy (southcoasttoday) [mappress] Source: southcoasttoday, January 31, 2011
Exxon Mobi today announced financial results for the quarter and the fiscal year ended December 31, 2010 EXXONMOBIL’S CHAIRMAN REX W. TILLERSON COMMENTED: “ExxonMobil continues to deliver strong financial and operating results. The full year 2010 earnings, excluding special items, were $30.5 billion
LNG Limited today announced activities report for the quarter ended December 31, 2010. Highlights • On 27 January 2011, the Company signed a Share Placement Term Sheet (Term Sheet) with China Huanqiu Contracting & Engineering Corporation (HQCEC). HQCEC is a wholly owned subsidiary of China National
Continuing on her inaugural Maiden World Voyage, Cunard Line’s newest ship, Queen Elizabeth, made her first visit to the Port of Los Angeles in San Pedro, Calif. yesterday. The luxury cruise liner is coming off the heels of the historic Cunard Royal Rendezvous that occurred in New York City two week
Technip has furthered its exposure to the offshore renewable energy construction market by acquiring UK based cable-layer Subocean.
Marathon Oil Corporation announced today that the Company’s board of directors has declared a dividend of 25 cents per share on Marathon Oil Corporation common stock. The dividend is payable March 10, 2011, to stockholders of record on Feb. 16, 2011. [mappress] Source: Marathon Oil, January 31, 2010
Details of the twin-platform project to tap the UK’s Golden Eagle area emerged from Nexen. There was a major new oil find offshore Brazil, RWE Dea suggested collaboration was possible for its Norwegian Zidane discovery, and Technip signalled a move into Brazil’s pre-salt deepwater market.
Cargotec has entered into an agreement to acquire terminal operator systems (TOS) provider Navis from Zebra Technologies Corporation (NASDAQ: ZBRA) in the United States. The transaction value is approximately USD 190 million (approximately EUR 140 million). By acquiring the leading TOS provider Navi
