Kiev hosted Wednesday a working meeting between Alexey Miller, Chairman of Gazprom’s Management Committee and Viktor Yanukovich, President of Ukraine. The meeting was held as part of negotiations with Ukraine on collaboration in the gas sector. The parties were satisfied with the results of current
BG Group announced the issue of €1 billion of euro-denominated bonds (approximately $1.37 billion). The seven-year bonds are due 16 November 2018 and pay a coupon of 3%. The bonds have been issued by BG Energy Capital plc, a wholly owned subsidiary of BG Group plc, and are guaranteed by BG Energy Ho
After designing a new prototype at the computer the innovative newbuild begins to take shape: The steel cutting of the first LNG carrier with a so-called dual-fuel engine for Anthony Veder (Rotterdam/NL) marks a new era. The new tanker for the transport of Liquefied Natural Gas will have a length ov
Vopak today announced third quarter 2011 results. Highlights for the third quarter 2011: – Third quarter group operating profit -excluding exceptional items- rises 6% to EUR 121.3 million (Q3 2010: EUR 114.8 million) – Year to date group operating profit -excluding exceptional items- increases to EU
British gas prices fell on Wednesday as temperatures rose well above seasonal norms, curbing the use of gas in heating systems, while Italia… (reuters) [mappress] Source: reuters, November 9, 2011; Image: uk national grid
Energy regulator Ofgem has been asked by the Department of Energy and Climate Change (DECC) to look into whether further action is needed to ensure that medium- to long-term gas supplies for consumers remain secure. In the short term, gas supplies are relatively secure and the wholesale gas market i
French energy major Total SA Chief Executive Wednesday urged Qatar to join the Yamal liquefied natural gas project, and also said his compan… (foxbusiness) [mappress] Source: foxbusiness, November 9, 2011; Image: total
E.ON’s nine-month business performance was in line with its expectations. Nine-month sales were up by 21 percent year on year to roughly EUR78 billion, primarily because of an increase in external sales at its trading business. By contrast, E.ON’s adjusted EBITDA was down by 39 percent to about EUR6
OAO Gazprom today issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the six months ended June 30, 2011. Sales (net of excise tax, VAT and customs duties) increased by
Thanks to the quality of its rating and taking advantage of favorable market conditions, GDF SUEZ completed two bond issues Tuesday denominated in euro and sterling for €1 billion and £400 million respectively. These new issues will partly be used to finance the tender offer of part of the Group’s b
The International Bunker Industry Association’s (IBIA) board has taken a formal decision to “become more closely engaged in LNG matters”. The move was announced at last week’s IBIA’s Annual Convention, held in Barcelona, by its acting chief executive Trevor Harrison. He told delegates that the assoc
The Nord Stream Pipeline became operational today and was hailed by political and business leaders as making a significant contribution to Europe’s long-term energy security. German Federal Chancellor Angela Merkel, Russian President Dmitry Medvedev, the Prime Ministers of France François Fillon and
Polish gas monopoly PGNiG turned to arbitration court in Stockholm, seeking to cut gas prices under its long-term supply deal with Russia’s… (reuters) [mappress] Source: reuters, November 8, 2011; Image: pgnig
British prompt gas prices fell 3.5 percent on Tuesday morning as temperature forecasts were revised upward and the outlook for liquefied… (reuters) [mappress] Source: reuters, November 8, 2011; Image: uk national grid
