Golar LNG Limited has, on 3 June 2011, notified all of the remaining shareholders in Golar LNG Energy Limited that Golar LNG exercises its right under Bermuda company law to compulsorily acquire their shares. Golar LNG offers to compensate the minority shareholders whose shares are compulsorily acqu
Stolt-Nielsen Limited is contemplating the issuance of new senior unsecured bonds with a tenor of 5 years. The amount targeted is USD 200 million to USD 300 million, split between a US Dollar tranche and a Norwegian Kroner tranche. Proceeds from the bond issue will be used for general corporate purp
Prague (Czech Republic) hosted Thursday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Petr Necas, Prime Minister of the Czech Republic as part of the 14th Annual General Meeting of the European Business Congress. The parties discussed the current issues an
Another shipment of Qatari LNG has been despatched to Belgium’s Zeebrugge terminal, but the pace of deliveries appears to be slowing from Ma… (argusmedia) [mappress] Source: argusmedia, June 3, 2011;
Higher tax rates on profits for energy producers in the North Sea forced the closure of the South Morecambe field, British energy company Ce… (upi) [mappress] Source: upi, June 2, 2011;
The Board of Directors approved the Gazprom Innovative Development Program until 2020. The Program represents a document designed for long-term planning and management of the innovative activities. It covers all of Gazprom’s gas, oil and power generation businesses. The meeting noted that the Progra
The Aamira LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal June 9 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 metres o
Gazprom Global LNG (GGLNG), through its Singapore affiliate, Gazprom Marketing and Trading Singapore (GM&TS), a 100% wholly-owned subsidiary of Gazprom Marketing & Trading, announced the signing of three memorandums of understanding paving the way for long term LNG supplies to the major Indian energ
The Gazprom Board of Directors considered the issues of promoting the use of natural gas and liquefied petroleum gas (LPG) as a motor fuel in the public transport sector and in large Russian cities. The Management Committee was tasked to make the appropriate efforts in cooperation with the state aut
IBERDROLA has signed a contract with BP whereby the Spanish company will supply 0.5 bcm (billion cubic metres) of liquefied natural gas (LNG) in Spain starting 2012. The 10-year agreement, which envisages annual deliveries to BP amounting to six LNG cargoes at Spanish regasification terminals, enabl
Reference is made to the first quarter 2011 report released on May 31, 2011. Golar LNG will be trading ex-dividend of a total dividend of $0.25 per share on June 8, 2011. The record date is June 10, 2011, and the dividend will be paid on or about June 27, 2011. [mappress] Source: Golar […]
Cyprus could become a key geopolitical and geo-strategic player in the Mediterranean Region, offering opportunities for new oil and gas supp… (famagusta gazette) [mappress] Source: famagusta gazette, May 31, 2011;
Statoil and Sintef have signed a new framework agreement – one which likely to be the most comprehensive individual research agreement ever signed in Norway. With a potential value of NOK 1 billion, the agreement is valid for four years with an option for an additional two plus two years. “Sintef ha
The Maersk Magellan LNG carrier, with a capacity of 165,500 cubic metres, is due to arrive in the UK’s South Hook terminal June 7, 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 cubi
