Beach Energy Ltd announced on Monday, 7 November 2011, an unconditional, on-market, cash offer of 20 cents per share for all of the issued and outstanding ordinary shares of Adelaide Energy Limited it did not own. On Thursday, 10 November 2011, Beach gained majority control of Adelaide Energy and ha
The Gazprom headquarters hosted Wednesday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund President and Chief Executive Officer of Statoil. The meeting participants discussed the current state and prospects for cooperation deepening within the S
UBS has raised its target prices, while reiterating its recommendations for Tamar and Leviathan partners, following the presentation by Nobl… (globes) [mappress] Source: globes, November 17, 2011; Image: noble energy
State-owned Oil and Natural Gas Corp (ONGC) may see 4.7% rise in crude oil output at over 25 million tonne in 2012-13 but natural gas output… (business-standard) [mappress] Source: business-standard, November 16, 2011; Image: ongc
On Friday 25 November 2011 the motor tanker Argonon will be christened at the Holland-Amerikakade in the Port of Rotterdam. At Shipyard Trico the finishing touches are currently being put to the technical installation of this latest inland tanker of Deen Shipping. The last certificates still have to
EDF Trading, a wholly-owned subsidiary of EDF S.A., has finalised an agreement to access the first LNG terminal commissioned in The Netherlands at Maasvlakte in Rotterdam. The two year agreement is with one of the primary shippers to the Gate terminal and will allow the EDF Group to take additional
Qatargas and RasGas Company Limited (RasGas) recently jointly hosted the eighth annual Engineering Forum at the Intercontinental Hotel in Doha. The Forum, which brings together engineering experts from oil and gas companies, academia and the private sector, is an important opportunity to share techn
Turkey will sign a contract with Shell for offshore oil and gas explorations, Energy Minister Taner Yildiz was quoted as saying by the Anato… (yahoo) [mappress] Source: yahoo, November 16, 2011
British gas prices firmed on Wednesday as a second unplanned nuclear reactor outage boosted demand for gas in power plants to make up for th… (reuters) [mappress] Source: reuters, November 16, 2011; Image: uk national grid
On 15th November 2011 Polskie LNG S.A. began the Procedure of Allocating the Regasification Capacity of the LNG Terminal in Świnoujście. After completing in 2009 the so called Open Season procedure resulting in contracting approx. 65% of the capacity to PGNiG, there is still nearly 35% of the termin
Gas infrastructure company Gasunie will carry out an efficiency programme in the next three years. The company will streamline its processes and carry out structural cost reduction. The efficiency measures are necessary in order to maintain enough room to carry out the Gas Roundabout strategy. The i
South Korea’s current inventory of liquefied natural gas (LNG) stands at over 95 percent of the country’s storage capacity of 3.8 million to… (reuters) [mappress] Source: reuters, November 16, 2011; Image: kogas
Turkey expects more Qatari investment in the country, and is interested in a setting up a liquefied natural gas plant in order to facilitate… (reuters) [mappress] Source: reuters, November 16, 2011; Image: qatargas
The European Commission must find a compromise on the construction of a liquefied natural gas (LNG) terminal in one of the Baltic countries… (euractiv) [mappress] Source: euractiv, November 16, 2011