Russian gas giant Gazprom said its net sales of gas increased by RUB 628,643 million, or 29%, to RUB 2,814,848 million in the year ended December 31, 2011 compared to the year ended December 31, 2010. For the year ended December 31, 2011 net sales of gas to Europe and other countries increased by RU
NGVA Europe announced that three of its members have applied for seats on the association’s Board of Directors: Linde, Bohlen & Doyen and Gasrec. Together with GNVert they will have to be officially confirmed by the next annual General meeting (to be held at NGV2012 Bologna/Italy,next 19th June) to
Eni of Italy said its net profit rose 42% to €3.62 billion in the first quarter of 2012. Financial Highlights – Adjusted operating profit: up 27% to €6.45 billion – Adjusted net profit: up 13% to €2.48 billion – Net profit: up 42% to €3.62 billion – Cash flow: €4.19 billion Operational Highlights –
Reverse use of existing gas pipelines and trans-Caspian project have been identified as Ukraine’s major ways to diversify sources of gas supply. Currently, Ukraine imports up to 70 percent of natural gas from Russia at a price exceeding USD 500 per thousand cubic meters. Minister of Economic Develop
The Al Ghariya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal on May 3, 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 cubic [
Fortune Oil today reported its results for the financial year ending 31 December 2011. Financial highlights Revenues including share of jointly controlled entities increased by 10% to £625 million (2010: £567 million). Fortune Oil achieved record profit attributable to shareholders in 2011, up 39% t
Technip today said its first quarter 2012 revenue was €1,765 million. First quarter 2012 results Order intake of €3,310 million Record backlog of €12,344 million, of which €5,665 million in Subsea Revenue of €1,765 million Operating margin of 9.4% Net income of €112 million Full year 2012 outlook co
Royal Dutch Shell said today its first quarter 2012 earnings were $7.7 billion compared with $6.9 billion in the same quarter a year ago. Key features of the FIRST quarter 2012 First quarter 2012 earnings, on a current cost of supplies (CCS ) basis, were $7,659 million, 11% higher than in the same q
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Eizo Kobayashi, President and Chief Executive Officer of Itochu Corporation. The parties discussed the status of joint projects as well as possible ways and areas of the cooper
Today, Eni CEO Paolo Scaroni and Rosneft President Eduard Khudainatov, signed a strategic cooperation agreement in the presence of the Prime Minister of the Russian Federation Vladimir Putin, which provides for the joint development of the licenses in the Black Sea and the Barents Sea on the Russian
Nord Stream AG announced the successful completion of its complex international logistics programme. This award-winning green logistics concept enabled the most efficient and environmentally-sound way of supplying to the pipe-laying vessels the 200,000 24-tonne concrete weight coated (CWC) pipes nee
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the Ejnan, a 145,000 cbm tanker, on May 2, according to shipping data. Fluxys, the operator of the terminal, said that it has unloaded 70 carriers at the Zeebrugge LNG terminal in 2011. The Ze
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Chikahito Harada, Ambassador Extraordinary and Plenipotentiary of Japan to the Russian Federation. The discussion centered on the current issues and prospects for the cooperati
The CEO of Russia’s gas giant Gazprom, Alexei Miller, has held a working meeting yesterday with BP’s CEO Robert Dudley, Gazprom said in a statement. “The meeting was focused on a development outlook for the global energy market and cooperation between the two companies,” the company said. BP is one
