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Business & Finance, Business developments & projects
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a drop in revenue in the third quarter of 2019.
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Subsea 7 saw a decrease in revenues in the third quarter of 2019 due to lower activity levels in the Renewables and Heavy Lifting business and a smaller profit due to lower pricing and competitive market environment.
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The Australian Petroleum Production & Exploration Association (APPEA) called the latest analysis of gas and electricity prices and policies in Australia flawed.
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Offshore installation and construction specialist Subsea 7 saw its profit drop in the third quarter of 2018. The company’s vessel utilization hit 2014-highs in the quarter, tendering activity is picking up, but pricing remains under pressure.
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Great Lakes Dredge & Dock Corporation yesterday announced the pricing of its previously-announced offering of $325 million aggregate principal amount of senior notes due 2022. According to the release, the 2022 Notes were priced at par with a coupon rate of 8.000%. The 2022 Notes will mature on May 15, 2022. Each of GLDD’s existing […]
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Petroleum Geo-Services (PGS), a marine geophysical company, narrowed its fourth quarter 2016 loss while its revenues dropped by 33 pct due to low contract pricing. In its quarterly report on Thursday, the geophysical company posted a smaller net loss for the fourth quarter of 2016 totaling $156.1 million, versus $334.6 million in the year-before period. PGS’ net loss before […]
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Authorities & Government, Environment
Canada plans to introduce the pricing on carbon pollution for all Canadian jurisdictions, to be implemented by 2018.
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Liquefied Natural Gas Limited informed on Tuesday that its unit, Magnolia LNG, has extended the validity period of the EPC contract price signed with KSJV until December 31, 2016.
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Fixed-price power purchase agreements and public incentives insulate renewables from pricing risk, according to a new Fitch Ratings report. “In addition to pricing advantages, renewables enjoy increased demand spurred by tighter emission compliance standards,” said Christopher Joassin, Director at Fitch Ratings. “Carbon dioxide compliance costs will also improve renewables’ competitiveness.” Fitch has also recognised offshore wind […]
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Fixed-price power purchase agreements and public incentives insulate renewables from pricing risk, according to a new Fitch Ratings report. “In addition to pricing advantages, renewables enjoy increased demand spurred by tighter emission compliance standards,” said Christopher Joassin, Director at Fitch Ratings. “Carbon dioxide compliance costs will also improve renewables’ competitiveness.” Fitch has also recognised offshore wind […]
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LNG major BG Group said it has joined the World Bank Carbon Pricing Leadership Coalition (CPLC) to collaborate on carbon pricing systems and policies.
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British energy company BG Group has joined the World Bank Carbon Pricing Leadership Coalition (CPLC). The CPLC is an initiative which brings together over 85 governments, corporate and civil society organisations to collaborate on carbon pricing systems and policies. The company says its entry to the CPLC coincides with its decision to also make public […]
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Major oil and gas companies, BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total sent a call to the governments around the world and to the United Nations Framework Convention on Climate Change, to introduce carbon pricing systems.
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Major oil and gas companies, BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total sent a call to the governments around the world and to the United Nations Framework Convention on Climate Change, to introduce carbon pricing systems.
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Six European major oil and gas companies, BG Group plc, BP plc, Eni S.p.A., Royal Dutch Shell plc, Statoil ASA and Total SA, have called world governments and the United Nations Framework Convention on Climate Change (UNFCCC) to introduce carbon pricing systems. The six companies, gathered in Paris for the World Gas Conference just months […]
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The lack of transparent and comprehensive fuel price information is a main obstacle holding back more widespread use of alternative fuels, in particular, natural gas and biomethane.
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The lack of transparent and comprehensive fuel price information is a main obstacle holding back more widespread use of alternative fuels, in particular, natural gas and biomethane.
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NYC-based PIRA Energy Group believes that how to store LNG becomes a central issue to the price.
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NYC-based PIRA Energy Group believes that how to store LNG becomes a central issue to the price.
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Great Lakes Dredge & Dock Corporation yesterday announced that it has priced its previously announced offering of $25 million in aggregate principal amount of its 7.375% Senior Notes due 2019 and entered into an agreement to sell the Notes. The closing of the offering is expected to occur on November 24, 2014, subject to customary closing […]
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Business & Finance, Operations & Maintenance, Research & Development
Atlantis, a vertically integrated owner of the world’s largest planned tidal current energy project, MeyGen, and tidal energy equipment supplier announces that after a lengthy negotiation process, agreement has now been reached on final pricing and terms with each of the following contractors to the project in readiness for execution of all contracts for the […]
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Pricing structures will be key in determining the future of LNG exports, says EY in a new report, Competing for LNG demand: the pricing structure debate. The report describes the effect potential Canadian and US LNG exports might have on global LNG contract pricing structures. “It’s one of the most complicated issues for the LNG […]
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Although Asia stands to benefit from the shale oil revolution, it is crucial that the market should be restructured to deliver a fairer and more transparent pricing system, officials from leading regional importers told Gastech 2014 on 24 March. “The price of energy has escalated 170% in the last five years for major Asian buyers,” […]
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Changes in the pricing structure of natural gas and LNG are needed if Asia is to take full advantage of the “golden age of gas,” senior Korean officials told the Gastech 2014 VIP programme that was held a day ahead of the opening of Gastech 2014, the world’s leading gas and LNG conference and exhibition, […]
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Amid a positive outlook for the industry in 2014, senior oil and gas professionals have forecast tighter monitoring of capital expenditure (capex) this year, according to new research published by DNV GL. While nine in 10 (88%) respondents to the research are confident about the sector, concerns over rising operational costs, a shortage of skilled […]
