BHP Billiton plans to spend over $4 billion on on developing shale gas in 2012 following two shale gas acquisitions this year, the head of t… (reuters) [mappress] Source: reuters, November 14, 2011; Image: bhp
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for the quarter ended 30th September 2011. Revenue from the sale of hydrocarbons increased to AED 645 million, with gross profit of AED 315 million. These figures represent incre
GDF SUEZ and Petronet LNG Limited have signed an agreement extending along 2012 under which GDF SUEZ will sell Petronet about 0.6 million tons (nine cargoes) of liquefied natural gas (LNG). The cargoes will be from sources within GDF SUEZ’ LNG portfolio and will be delivered to Petronet’s Dahej LNG
WestSide Corporation Ltd announced that Galilee Basin exploration well Glenlyon 2, within ATP 974P in north western Queensland, has spudded. Glenlyon 2, sited adjacent to Glenlyon 1 about 70km south of Richmond, spudded at 07:30 hours on 12 November 2011 and the rig is now drilling ahead. The target
Marubeni Corporation has acquired 21% shares of Merlin Petroleum Company (Merlin), more than 99% shares of Merlin had been held by JX Nippon Oil & Gas Exploration Corporation (JX) through its subsidiary. Merlin holds oil and gas interests in Papua New Guinea (PNG) including interests in the country’
Japan’s 10 regional utilities imported 20.1 percent more liquefied natural gas in October as reliance on thermal generation grows because of… (bloomberg) [mappress] Source: bloomberg, November 14, 2011
The proposed Browse LNG Development has reached a key milestone with the release for public review of the Draft Environmental Impact Statement (EIS) for the upstream component of the development. The Draft Upstream EIS concerns the construction, operation and de-commissioning of all the offshore asp
The partners in the Tamar natural gas license, led by Yitzhak Tshuva’s Delek Group Ltd. and Noble Energy Inc. are close signing a multibilli… (globes) [mappress] Source: globes, November 14, 2011; Image: noble energy
Billionaire Mukesh Ambani-led Reliance Industries’ cash reserves may rise to $ 25 billion (about Rs 1,25,000 crore) by March 2012, putting t… (economictimes) [mappress] Source: economictimes, November 14, 2011
State-run GAIL is contemplating a liquefied natural gas (LNG) floating storage and regasification unit (FSRU) in Eastern India which could e… (business-standard) [mappress] Source: business-standard, November 14, 2011
KBR Inc expects natural gas projects to drive its backlog significantly higher in the next three years as the engineering company’s military… (reuters) [mappress] Source: reuters, November 14, 2011; Image: kbr
Trinidad and Tobago, the largest exporter of liquefied natural gas to the U.S., said exports to that country have fallen “sharply” because o… (reuters) [mappress] Source: reuters, November 14, 2011; Image: atlantic lng
On November 1, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries, Ltd. (Samsung) in Korea for two LNG vessels being built for joint owners NYK LNG (Atlantic) Ltd., a wholly owned subsidiary of NYK; Mitsui & Co. Ltd.; and Teekay Corporation. The vessels have been cha
On 7 November 2011, Beach Energy Ltd announced 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. Beach has now secured its primary goal of majority control of Adelaide Energy and has since li
