BP today reported its financial results for the first quarter of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.8 billion for the quarter, compared to $5.0 billion in the previous quarter. The quarter’s result was impacted adverse
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 May 6, 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 billion c
On 27 April, the European Commission issued a notice to the UK Government concerning the publishing of risk assessment information for LNG movements at Milford Haven Port. Mark Andrews, Corporate Affairs Director at Milford Haven Port Authority commented: “In preparation for the arrival of LNG, Milf
Golar LNG Partners announced that its board of directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2012 of $0.43 per unit. This is with the $0.43 per unit cash distribution paid for the previous quarter ending December 31, 2011. This cash distribution wil
Golar LNG, one of the world’s largest independent owners and operators of LNG carriers, announced that Board member Tor Olav Troim has on 27 April, 2012 extended a forward contract in respect of 175,000 shares in the Company. The new forward contract expires on 26 October 2012 at a price of NOK 173.
Nord Stream completed the process of adapting the control system to integrate the two lines into a single automated twin-pipeline gas transport system. Following the two-week process that included adapting and testing the integrated control system for the twin pipelines, the required certifications
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jiang Jiemin, Chairman of the China National Petroleum Corporation (CNPC) Board of Directors. The parties discussed a wide spectrum of issues including those related to oil and
OAO NOVATEK announced today that the Annual General Meeting of Shareholders (AGM) has approved the election of new members to the Board of Directors. The Board of Directors is comprised of the following members: Andrei I. Akimov: Chairman of the Management Board of Gazprombank; Burckhard Bergmann: I
The Liquefied Natural Gas (LNG) regasification plant Gate terminal, located in Maasvlakte (Rotterdam) has been named ‘Project of the Year’ by the European Construction Institute (ECI). This award was announced by the Institute during the 23rd Annual ECI Conference that took place in Dusseldorf betwe
Golar LNG Limited has maintained a dual listing for several years. The Company’s shares were originally listed on the Oslo Stock Exchange in July 2001 and were subsequently listed on NASDAQ in the US in December 2002. Throughout this period the Board has continuously monitored the benefit of having
The Al Ruwais liquefied natural gas tanker, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on April 30, according to port data. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic me
The Institute of Marine Engineering, Science and Technology (IMarEST) is set to play a key role at the Gastech Conference & Exhibition being held at London’s ExCeL in early October this year. The Institute, a Gastech supporting organisation, will be presenting a day-long Floating LNG stream on Tuesd
Elengy , a GDF Suez LNG unit, said that In April 2012, Montoir terminal has reached an impressive milestone with the successful call of the Stena Clear Sky which is the 100th different LNG carrier to berth at the terminal since its start-up in 1980. This represents around 25% of the LNG carrier’s wo
The Gazprom Board of Directors took notice of the information about the potential of increasing gas supplies to Europe. The meeting approved the current policy aimed at maintaining and reinforcing Gazprom’s standing in the European market. The Board appreciated the Company’s efforts on consistent ad
