NYC-based PIRA Energy Group believes that Europe’s stricter LNG diet will continue in the weeks and months ahead. The loss of Egyptian and Nigerian LNG volumes will offer more price support in Asia than in Europe. Europe’s stricter LNG diet will continue in the weeks and months ahead, creating addit
Shell’s Chief Technology Officer Gerald Schotman speaks about innovating for new solutions to fuel a world in motion. This content is available after accepting the cookies. Change cookie-settings View on Youtube. He provides numerous examples ranging from step-changes in exploration technologies, to
Alliance Oil Company has completed infrastructure development and launched gas production at the Ust-Silginskiy field in the Tomsk region. The Company has started delivering gas via a 43-kilometer pipeline from the field to the Gazprom trunk pipeline. A gas sales contract has been signed with Gazpro
Wärtsilä Corporation and Nordic Investment Bank have signed a loan agreement totalling EUR 50 million for research and development financing. The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013. This R&D loan supports Wärtsilä’s long-term strategy of strengthening
FLEX LNG said that its Board of Directors has resolved to issue 468,810 new shares to the members of the Board of Directors for the period 1 July 2012 to 31 December 2012, as part of their remuneration for that period. FLEX LNG announced this decision in accordance with the resolution by the shareho
KX Oil & Gas said that the equipment for the upgrade of its LPG plant at the Novo-Nikolaevskoye Complex in Ukraine has shipped from the construction yard in Alberta, Canada. Commissioning of the new equipment is expected in May 2013. The additional equipment will enable Poltava Petroleum Company, JK
Total of France said its adjusted net income was 3,081 M€ in the fourth quarter 2012 compared to 2,725 M€ in the fourth quarter 2011, an increase of 13%. Expressed in dollars, adjusted net income increased by 9%. The company’s adjusted net income was 12,361 M€ in 2012, an increase of 8% compared to
The Board of Directors took notice of the information about the work being done by Gazprom and its subsidiaries in Russian Federation constituents. The Board approved the efforts taken to implement the Russian Regions Gasification Program in 2012. The Management Committee was tasked to carry on this
Elengy is launching new solutions for the promising market of LNG as fuel, and more generally, road-transported LNG, at its Montoir-de-Bretagne LNG terminal. By offering a new LNG tanker truck loading service, Elengy will enable its customers (energy suppliers) to load up their tanker trucks with li
Delek Group announced that on February 11, 2013, each of the partnerships subsidiaries, Delek Drilling and Avner Oil Exploration, signed the Production Sharing Contract (PSC) which is originally dated October 24, 2008, granting exploration rights, appraisal, development and production of oil and/or
The Sakhalin Energy company, operating one of the world’s largest integrated oil and gas projects Sakhalin-2, has produced 10.9 million tonnes of liquefied natural gas (equivalent to 15 bcm of natural gas) in 2012. This figure is nearly 14% higher than the initial nominal capacity (9.6 million tons)
Gazprom CEO Alexey Miller and Vladimir Miklushevsky, Governor of the Primorye Territory, met in Moscow, Gazprom said in a statement. “The parties reviewed the Eastern Gas Program progress in the region, discussing, in particular, the project for the LNG plant construction near Vladivostok (Vladivost
WINGAS, a joint venture between Gazprom and German company Wintershall, has been successfully using a trade model for eco-friendly products. The model is based on the sale of natural gas in conjunction with a certificate that confirms participation in the program to reduce carbon dioxide emissions i
Sochi hosted a meeting of the Coordinating Committee for Strategic Cooperation between Gazprom and BASF. The meeting was led by the Joint Coordinating Committee Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Harald Schwager, Member of the BASF Board of Executi
