British prompt gas prices fell on Tuesday as warmer weather weighed on demand while plentiful supplies and weaker oil prices drove losses… (reuters) [mappress] Source: reuters, October 25, 2011;
The Gazprom-led Sakhalin-2 consortium, which includes Anglo-Dutch major Royal Dutch Shell , is expected to make a decision soon on building… (reuters) [mappress] Source: reuters, October 25, 2011;
The Board of Directors examined information on cost reduction activity in various businesses of Gazprom Group in 2011. The Management Committee was charged to continue Gazprom’s cost reduction efforts in 2012. It was noted that Gazprom was pursuing an integrated approach to cost reduction. The appro
Two or three more foreign partners could join French major Total as investors in an Arctic liquefied natural gas project under development… (reuters) [mappress] Source: reuters, October 25, 2011;
Enagás reported net profit of €270.8Mn for the first nine months of 2011, 6.2% more than the €254.9Mn registered in the same period in 2010. EBITDA, meanwhile, totalled €654.7Mn, 11.3% higher than the year-earlier figure of €588.1Mn. This earnings growth has been driven mainly by the Company’s ongoi
As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company i
The board of BP plc today announced that Brian Gilvary will join the board and become the company’s chief financial officer (CFO) with effect from 1 January 2012. Byron Grote, the current CFO, will take up a new role as executive vice president, corporate business activities, on the same date. Dr Gr
BG Group plc today reported its 2011 third quarter results. Third Quarter Key Points • Total operating profit up 17% year-on-year to $1.9 billion • Cash flow from operations up 59% year-on-year to $2.7 billion • Production up 1%, held back by outages at UK facilities which are now back onstream • 20
British prompt gas prices traded slightly higher on Monday as the system was undersupplied despite… (reuters) [mappress] Source: reuters, October 24, 2011
OAO Gazprom, the world’s biggest gas producer, is seeking an $800 million loan, according to two people… (bloomberg) [mappress] Source: bloomberg, October 24, 2011
Just two and a half years after receiving its commissioning cargo from Qatar, the South Hook… (gulf-times) [mappress] Source: gulf-times, October 24, 2011
Verbundnetz Gas Aktiengesellschaft (VNG) of Leipzig has purchased liquefied natural gas (LNG) for the first time. Friday in Vienna, Michael Ludwig, member of the VNG Executive Board responsible for gas procurement and Robert Teml, Managing Director of EconGas GmbH, signed an agreement concerning spo
The Vice-Chairman of Gazprom’s Management Committee, Alexander Medvedev, Paul van Gelder, CEO of N.V. Nederlandse Gasunie, Ludmila Orlova, General Director of Eurotechnika, and Sergei Chernin, Chairman of the Board of Directors of BioGazEnergostroy Corporation signed a Memorandum of understanding of
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal October 28, 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
