Managing director of the National Iranian Gas Export Company (NIGEC), Hossein Bidarmaghz has rejected Western media allegations that the Swiss EGL Company has imposed a ban on the purchase of natural gas from Iran. He went on to say that, technical issues are the main reason behind the delayed sales
On Tuesday November 8, Federal Chancellor Angela Merkel – together with President Dmitry Medvedev and the Prime Ministers of France François Fillon and the Netherlands Mark Rutte and EU Energy Commissioner Gunther Oettinger – will formally inaugurate the first of Nord Stream’s twin 1,224 kilometre g
Westport Innovations Inc., the global leader in natural gas engines, reported financial results for the second quarter fiscal 2011 ended September 30, 2011 (FY2011). “Westport posted a record quarter with revenue of $81 million, an increase of 80% over the same period last year,” said David Demers,
Russia’s Gazprom , the world’s largest natural gas company, on Monday proposed exploring for gas in Bangladesh’s onshore fields to cushion a… (reuters) [mappress] Source: reuters, November 2, 2011
GAIL (India) Limited, the flagship natural gas company of the Government of India has opened office at Singapore. The Company would be operating in Singapore through its subsidiary GAIL Global (Singapore) Pte. Ltd. (GGSPL). Mr. B. C. Tripathi, Chairman & Managing Director, GAIL today inaugurated the
Serbia wants to join the Azerbaijan- Georgia-Romania-Interconnection liquefied natural gas project as it seeks to diversify its supplies… (bloomberg) [mappress] Source: bloomberg, November 2, 2011
The first construction village units and pioneer dining facilities for the Queensland Curtis LNG Project on Curtis Island near Gladstone are ready for occupation. The “pioneer camp” is the first phase of the 1700-person temporary construction village and recreational facilities for non-local constru
MEO Australia Limited announced that Fugro Multi Client Services Pty Ltd completed acquisition of the Zeus 3D Marine Seismic Survey on 31st October 2011. MEO has committed to purchase 323 km2 of the seismic survey covering 4 graticular blocks within exploration permit WA-361-P which fulfills its Per
Marathon Oil Corporation reported third quarter 2011 net income of $405 million, or $0.57 per diluted share. Net income in the third quarter of 2010 was $696 million, or $0.98 per diluted share. On June 30, 2011, Marathon Oil completed the spin-off of its Refining, Marketing and Transportation busin
Pakistani Petroleum Minister Asim Hossein said a consortium of banks has been formed to finance the Iran-Pakistan gas pipeline project. He went on to say that, an offer of $1.4 billion loan for the project had already been made, Iran’s SHANA news agency reported. Addressing traders at the office of
The Australian government’s Foreign Investment Review Board on Wednesday said it had postponed a decision on the takeover of gas explorer Bo… (reuters) [mappress] Source: reuters, November 2, 2011
The Barzan Gas Project, currently under development by RasGas Company Limited (RasGas), is a vital project for Qatar that will develop natural gas from the North Field to supply existing and new power generation and water desalination plants in Qatar. The project will pay particular attention to saf
The Australian Petroleum Production & Exploration Association (APPEA) says regulatory decisions driven by pure politics deliver bad policy, harm the economy, and set a dangerous precedent for industry in Australia. At a time of increasing economic uncertainty, the decision of independent Member for
Yesterday in the city of Volgograd Viktor Zubkov, First Deputy Prime Minister of the Russian Federation and Chairman of the Gazprom Board of Directors held a meeting on updating the General Scheme for Gas Supply and Gasification of the Volgograd Oblast which will be implemented from 2011 to 2013. In
