BP announced the appointment of Michael Townshend as Senior Vice President – Russia BP Group, reporting directly to Bob Dudley, BP Group Chief Executive. Townshend, who is currently BP Regional President, Iraq will take up his new position from 1 March 2013. He has 32 years’ experience in BP working
LNG player Royal Dutch Shell said it has sold 20.20 million tonnes in 2012, up 7% than in 2011, mainly reflecting the successful ramp-up of Qatargas 4 LNG in Qatar and the start-up of Pluto LNG in Australia. Shell sold 5.49 million tonnes of LNG in the fourth quarter, up 13% compared with the same [
BP of UK posted a video about the company’s recently released Energy Outlook 2030. Over the next 20 years, unconventional oil and gas will have an increasing impact on global energy markets. Emerging economies, including China, India, Brazil and Russia, will continue to drive energy demand. Shale ga
Gazprom of Russia said its LNG sales dropped to 0.9 million metric tons in the first nine months of 2012, compared with 1.9 million tons for the same period in 2011. Russia’s biggest gas producer sold 2.3 million tons of LNG in 2011, 1.9 million tons in 2010 and 1.4 million tons in 2009, Gazprom [&h
Cuadrilla will install a comprehensive suite of monitoring equipment at its Anna’s Road site so that it can undertake seismic and fracture monitoring in the area. The company, which is exploring for natural gas in shale rock deep beneath the surface in Lancashire, completed the installation of the s
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on February 2, according to port data. The cargo is being hauled by the Stena Clear Sky LNG tanker, with a capacity of 145,000 cbm, and it is sailing from Nigeria’s Bonny terminal. The Sines terminal is held by REN Atlân
TNK-BP announced that OJSC Orenburgneft (a TNK-BP Group company) produced 3.4 bcm of gas in 2012, which is 26% more than in 2011. TNK-BP has been implementing a large-scale program aimed at production development in the mature fields of the Orenburg Region, one of the oldest petroleum provinces in R
GAZ-SYSTEM and Net4Gas inform that the status of capacity offered at the cross-border point in Cieszyn has changed from interruptible to firm. Following an assessment of the technical and commercial terms and conditions, firm day ahead capacity started to be offered at the Cieszyn cross-border point
Aker Solutions has been awarded the second call-off project under the Sleipner Modification Portfolio Agreement, involving the tie-in of gas production from Dagny. Contract value is NOK 650 million and the work will commence immediately. The contract involves modification work on Sleipner A. In more
The European Union will support with over €1.2 million from the TEN-T Programme a study aimed at identifying and addressing the potential barriers to the construction and operation of Liquefied Natural Gas (LNG) fuelled vessels. The project, which was selected for funding under the 2011 TEN-T Annual
BP today announced Bob Fryar as Executive Vice-President for Safety and Operational Risk (S&OR), reporting directly to Bob Dudley, Group Chief Executive. Fryar, who is currently Executive Vice President for production in BP’s upstream business will take up his new position from 15 February. The appo
Novatek of Russia and Total of France pushed back the start of liquefied natural gas production at the $20 billion Yamal LNG project in Russia’s Arctic to 2017 after delays reaching an investment decision, Bloomberg informs. The first train will start producing in the beginning of 2017, according to
Royal Dutch Shell is interested in buying several liquefied natural gas assets from Repsol of Spain, Cinco Dias newspaper reported on Tuesday. Repsol’s liquefied natural gas assets have sparked considerable interest on the part of big market players since July last year when Repsol launched the sale
The United Shipbuilding Corporation of Russia is to build at least four Arctic-class LNG tankers for the Pechora LNG project in northern Russia, RIA Novosti reported, citing Alltech president Dmitry Bosov as saying. “We are in talks with Russia’s United Shipbuilding Corporation and we have signed se
