Royal Dutch Shell hosted a management day with investors, focusing on global gas and Asia Pacific Upstream. Outlining Shell’s global gas strategy, CEO Peter Voser said: “Strong growth in gas markets, especially Integrated Gas, is a major opportunity for Shell and our shareholders. Our Integrated Gas
Kazan hosted another meeting of the Joint Coordinating Committee (JCC) between Gazprom and the Japanese Agency for Natural Resources and Energy. The meeting was chaired by Co-Chairmen of JCC – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Hisayoshi Ando, Director General o
Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, and Alexej Miller, Chairman of the Management Committee of OAO Gazprom, signed a legally binding basic agreement to swap assets of equivalent value. Through the swap, BASF aims to further expand its production of oil and gas and
Jeppesen has finalized a contract to provide its advanced optimization solutions to BP Shipping, one of the world’s largest operators of oil and liquid natural gas (LNG) tankers. The contract will result in the installation of Jeppesen’s Vessel and Voyage Optimization Solution (VVOS) on 52 BP vessel
Shareholders of South Stream Slovenia LLC, in the presence of Russian Prime Minister Dmitry Medvedev and Slovenian Prime Minister Janez Jansa, in Moscow signed a Resolution to adopt the Final Investment Decision on building the Slovenian section of the South Stream gas pipeline. Gazprom was represen
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the 145,000 cbm Ejnan on November 27, according to shipping data. Fluxys, the operator of the terminal, has unloaded 70 carriers at the Zeebrugge LNG terminal in 2011. The Zeebrugge terminal h
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on November 20, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 bil
Saudi Basic Industries Corporation (SABIC) has commissioned the construction of two sea going gas tankers powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the Nort
Peru LNG shipped a cargo of liquefied natural gas to Spain on Sunday, according to PeruPetro S.A. The cargo is being hauled by the Valencia Knutsen, a 173.400 cubic-meter tanker operated by Knutsen OAS Shipping, and it is due to arrive at Spain’s Bilbao terminal on December 5. The Peru LNG project i
NOVATEK of Russia announced that the Chairman of NOVATEK’s Management Board, Leonid Mikhelson, and the General Director of the State Atomic Energy Corporation ROSATOM, Sergey Kirienko, have signed a General Cooperation Agreement in Moscow. The Agreement formalizes the Parties intent to develop a mut
Gazprom CEO Alexey Miller and Eni CEO Paolo Scaroni met at Gazprom’s headquarters in Moscow. During the meeting, the two parties discussed the current situation and the outlook for the cooperation between the two companies in the oil & gas sector. In addition, they analyzed the current environment a
The global energy map is changing in dramatic fashion, the International Energy Agency said as it launched the 2012 edition of the World Energy Outlook (WEO). The Agency’s flagship publication, released today in London, said these changes will recast expectations about the role of different countrie
Wärtsilä, the marine industry’s leading solutions and services provider, has now sold more than 2000 of its gas fuelled engines, which together have accumulated more than 7 million operational running hours in both land-based and marine applications. These milestone achievements emphasise the leadin
In Q1-Q3 2012, the PGNiG Group earned net profit of PLN 48m, compared with PLN 1.32bn in the corresponding period of the previous year. In Q3 2012, the Group’s net profit dropped 80%, to PLN 65m, from PLN 319m a year ago. The Group’s operating result for Q1-Q3 2012 was most significantly affected by
