Statoil Technology Invest (STI) will during 2012 invest NOK 150 million of venture capital in early stage technology companies. The last five years we have invested NOK 800 million in companies to develop technology that can create value for in Statoil’s operations. In 14 of the companies where we h
As part of the business trip by Gazprom’s delegation to the Republic of Belarus, a meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vladimir Semashko, First Deputy Prime Minister of the Republic of Belarus took place today. The parties discussed promotion of the Russ
Alexis Fries, who was appointed as President and CEO of Pöyry PLC on 13 June 2012, will take up his position on 1 September 2012. The new compositions of Pöyry’s Board Committees, as announced on 21 June 2012, will come effective on 1 September 2012. [mappress] LNG World News Staff, August 27, 2012
Trinidad and Tobago’s Point Fortin LNG terminal shipped a cargo of liquefied natural gas to Spain on August 23, according to shipping data. The cargo is being hauled by the Madrid Spirit, a 135,423 cubic-meter tanker, and it is due to arrive at the Gibraltar terminal on August 12. Trinidad and Tobag
As part of a business trip to the Republic of Belarus, Alexey Miller, Chairman of the Gazprom Management Committee, held a meeting in the town of Kobrin today. The meeting was devoted to development of the Beltransgaz gas transmission system and expansion of natural gas use as a motor fuel in the Re
FLEX LNG announced that the Q2 2012 financial report was approved by the Board of Directors on 23 August 2012. In the first quarter the front-end engineering and design work for a potential project in Papua New Guinea was finalised, although subsequently no further progress has been made on this pro
Gas infrastructure company N.V. Nederlandse Gasunie and liquid bulk storage provider Royal Vopak said that they have signed an agreement with Royal Dutch Shell as launching customer for their LNG Break Bulk terminal, to be constructed at the Maasvlakte near Rotterdam. The purpose of this terminal is
The European Commission said in a statement it has granted clearance under the EU Merger Regulation to the proposed acquisition of joint control of a newly created joint venture by Marquard & Bahls AG and Linde AG, all of Germany. M&B operates in oil trading, tank-terminal storage, aviation fuelling
In H1 2012, the PGNiG Group recorded a PLN 17m loss, relative to a PLN 1bn profit reported for the corresponding period of the previous year. The loss was incurred despite a 28% growth in revenue, to PLN 14.8bn. It was driven by factors over which the Company had limited control, including primarily
The Milaha Qatar liquefied natural gas carrier, with a capacity of 145,602 cubic metres, is due to arrive in the Zeebrugge LNG terminal on August 31, according to shipping data. The Zeebrugge LNG terminal is situated on a 30ha site in the outer port of Zeebrugge, Belgium. It is operated by Fluxys LN
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The parties discussed ongoing preparation works for the upcoming autumn/winter period. In particular, a focus was place
Golar LNG Limited reported consolidated net income of $35.4 million and consolidated operating income of $58.0 million for the three months ended June 30 . Revenues in the second quarter were $107.0 million as compared to $83.1 million for the first quarter of 2012. The increase is primarily as a re
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on August 26, according to port data. The cargo is being hauled by the Excel LNG tanker, with a capacity of 138,000 cbm, and it is sailing from Nigeria’s Bonny terminal. The Sines terminal is held by REN Atlântico and ha
Peru LNG shipped a cargo of liquefied natural gas to Spain yesterday according to PeruPetro S.A. The cargo is being hauled by the 173,600 cbm Castillo de Santisteban. The Peru LNG Project includes two parts: an LNG Plant with a Marine Terminal from which LNG is sent overseas, and a pipeline connecte
