Eni’s Board of Directors this morning approved the issue of one or more bonds, to be placed with institutional investors, with a value of up to a maximum amount of 3 billion euro or its equivalent in other currencies, by 31 March 2012. The bonds will enable Eni to maintain a well-balanced financial
A group of residents say they are becoming ‘increasingly frustrated’ at the levels of noise pollution from LNG vessels docking at the Milfor… (milfordmercury) [mappress] Source: milfordmercury, March 31, 2011;
The Al Mayeda LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal April 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 cubic met
The Caisse de dépôt et placement du Québec acquired a 10% stake in the capital of Fluxys G, the parent company of Fluxys SA, via a capital increase of €150 million. The Caisse acquired the stake in the capital of Fluxys G under an agreement concluded with Publigas, majority shareholder in Fluxys G,
President of Ukraine, Viktor Yanukovych (image), has called on Singaporean businessmen to participate in the implementation of national proj… (ukrainianjournal) [mappress] Source: ukrainianjournal, March 30, 2011;
Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly es
The Gazprom headquarters hosted Tuesday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Statoil. The parties discussed the situation in the European energy market and shared an opinion that sustained gas
UK-based Gazprom Global LNG (GGLNG), a wholly-owned subsidiary of Gazprom Marketing & Trading (GM&T), said it has appointed Nigel Kuzemko as… [mappress] Source: energyasia, March 30, 2011;
The Methane Princess LNG carrier, with a capacity of 138,000 cubic metres, is due to arrive in the UK’s Dragon terminal April 6, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next
GDF SUEZ signed a five-year €4.5 billion multi-currency credit line with a syndicate of 24 banks. The 5 year facility, which includes two one-year extension options, will be used for early refinancing of the Group’s undrawn credit lines expiring in 2012. The attractive conditions of the new credit l
Georgia is hosting the tenth international conference of “Oil & Gas, Infrastructure and Energy” (GIOGIE 2011). The Georgian Energy Minister… (trend.az) [mappress] Source: trend.az, March 30, 2011;
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Sergey Mitin, Governor of the Novgorod Oblast. The parties discussed gasification of the Oblast. In particular, this year Gazprom has started constructing the Borovichi G
China’s CNOOC may invest in Pechora LNG, a new LNG production project in the Nenets Autonomous region, Russia’s North-West, said Vladimir Mi… (marchmontnews) [mappress] Source: marchmontnews, March 29, 2011;
This will be the year Statoil is planning and realising several fast-track developments on the Norwegian continental shelf (NCS). Two new projects are being launched these days, namely Gamma/Harepus and Snorre B template. A plan for development and operation (PDO) of Gamma/Harepus is to be submitted