Gazprom delegation, led by Leonid Chugunov, Head of the Company’s Project Management Department, paid a working visit to the Republic of Serbia. As part of the visit the general shareholders meeting took place at South Stream Serbia AG, the joint project company of Gazprom and Srbijagas. The meeting
BP today announced its financial results for the third quarter of 2012, reporting underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, of $5.2 billion. “BP’s performance and the strong progress we are making in transforming the company give us the c
Eni, the international oil and gas company, announced its results for the third quarter and the nine months of 2012. Financial highlights Continuing operations: Adjusted operating profit: €14.80 billion for the nine months (up 13.9%); €4.36 billion for the quarter (up 2.2%); Adjusted net profit: €5.
Iveco has presented its natural gas range at the “European Natural Gas Summit 2012”, an event focused on the natural gas vehicle market, held in Brussels the 24 and 25 October. Iveco is European leader in the production and marketing of natural gas vehicles, that represent an important advantage bot
Offshore industry professionals from around the world gathered in Amsterdam on 23 – 24 October for Offshore Energy Exhibition & Conference 2012. The fifth edition of Offshore Energy attracted a record number of 7,632 attendees, up 49% from last year. Offshore Energy 2012 continued on its path of ste
The Flemish government and the port authorities of Antwerp, Zeebrugge, Ghent and Fluxys have published a feasibility study on LNG bunkering. DNV provided a market forecasting study, a regulatory analysis and modelled the LNG supply logistics. The Flemish government is now acting on DNV recommendatio
Aker Solutions has acquired a fabrication facility in Sandnessjøen, Norway, to increase its fabrication capacity in the Norwegian Sea and further north. The purchase is part of Aker Solutions’ northern Norway strategy. The facility, which is located at Helgelands Industrial Park in Sandnessjøen, Nor
Ukraine’s Prime Minister Mykola Azarov and Eni CEO Paolo Scaroni met in Kiev to discuss Eni’s activities in the country. During the meeting, which was cordial and constructive, Eni’s CEO shared with the Prime Minister the developments of the company’s ongoing activities in Ukraine, affirming Eni’s p
INPEX announced that it was successful in the 27th Seaward Licensing Round in UK, and won the three offshore Exploration Blocks in the North Sea jointly with Centrica Resources, a subsidiary of Centrica plc, a UK gas and electricity company and Statoil (U.K.), a subsidiary of Statoil ASA, a Norwegia
Starting point for the Bomin Linde LNG GmbH & Co. KG: The first project is the construction of a liquefied natural gas terminal intended to provide ships with the cleaner fuel in the Port of Hamburg. This is based on the successful completion of a feasibility study conducted by the Hamburg Port Auth
Exmar reported its results for the third quarter of 2012. LNG The LNG fleet contributed USD 8.4 million to the operating result (EBIT) of the third quarter (compared to USD 7.9 million for the same period in 2011). The current EXMAR fleet (LNG/c’s and LNGRV’s) was in full operation on time charter d
Gasconsult Limited, the UK LNG technology company, announced the award of a patent for its new ZR-LNGTM liquefaction process. This complements its existing natural gas liquefaction patent portfolio. ZR-LNGTM has best in class energy efficiency for mid-scale applications. Specific power consumption f
Statoil’s third quarter 2012 net operating income was NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011. “Statoil delivered solid financial results in the quarter. By ramping up new fields, we have grown production year to date by 10% compared to the same peri
National Control Commission for Prices and Energy set the newly adjusted AB Lietuvos Dujos natural gas transmission and distribution price caps (effective from 1 January 2013 to 31 December 2013) and approved the adjusted version of AB Lietuvos Dujos long-term programme (for 2009–2013) of investment