Mitsui O.S.K. Lines, Ltd. today announced that MOL and Osaka Gas International Transport Inc. (OGIT), subsidiary of Osaka Gas Co., Ltd., have agreed on a plan to co-own two newbuilding LNG carriers. The agreement also includes a contract with Mitsubishi Heavy Industries Co., Ltd. (MHI) to build the
Golar LNG Limited announced that Board member Tor Olav Troim has on 27 October, 2011 extended a forward contract in respect of 175,000 shares in the Company. The new forward contract expires on 27 April, 2012 at a price of NOK 170.3087 per share. After this trade, Mr. Troim has an exposure of 375,00
Chevron Corp. announced further drilling success by its Australian subsidiary in the Carnarvon Basin offshore Western Australia, Australia’s premier hydrocarbon basin. The Acme West-1 well encountered approximately 377 ft (115m) of net gas pay, while Acme West-2 well encountered 184 ft (56m) of net
GE Energy Financial Services, a unit of GE, announced today that its co-owned Gulf LNG regasification and liquefied natural gas storage facility on the Gulf of Mexico has successfully begun operations. GE made the announcement at a ribbon-cutting ceremony at the facility in Pascagoula, Mississippi,
The OAO LUKOIL Board of Directors held a meeting in Moscow today to discuss gas production projects and the Company’s policy to increase shareholder value. The draft 2012-2021 Development Program for the Exploration&Production Business Segment provides for an increased share of gas production in the
On 18.10.2011 Brunsbüttel Ports GmbH and Gasnor AS (LNG market leader in Norway) agreed on bunkering vessels with LNG in the Elbehafen at Brunsbüttel, Germany. With this important step they are leading the way in offering LNG fuel at Brunsbüttel and the Northern German area, at the crossing of the r
Royal Dutch Shell Plc, Europe’s largest oil company, together with PetroChina Co. and Japanese and South Korean partners are examining plans… (bloomberg) [mappress] Source: bloomberg, October 27, 2011;
Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today reported results for the third quarter ended September 30, 2011. Highlights include: YTD orders of $804 million on t
UK gas prices rose on Thursday morning as spot prices were boosted by a shortage of supply while forward prices were lifted by the European… (reuters) [mappress] Source: reuters, October 27, 2011;
The first natural gas station in Lhasa, capital of northwest China’s Tibet autonomous region, was completed and put into… (xinhuanet) [mappress] Source: xinhuanet, October 27, 2011;
Latvia’s new Economy Minister Daniels Pavluts is optimistic about the possibility of convincing Latvia’s Baltic neighbors on constructing… (baltic-course) [mappress] Source: baltic-course, October 27, 2011;
Nord Stream today confirmed it has agreed repricing arrangements with its relationship banks for the 3.9 billion euro Phase I project finance facilities. Nord Stream undertook this exercise in order to bring Phase I pricing into line with the pricing it achieved for the 2.5 billion euros raised for
Statoil’s third quarter 2011 net operating income was NOK 39.3 billion, a 39% increase compared to NOK 28.2 billion in the third quarter of 2010. “Statoil delivered strong financial results in the third quarter of 2011, reflecting operational performance in line with expectations and strong oil and
WorleyParsons announced that Ms Wang Xiao Bin will be appointed to the Board as a non-executive director before its next board meeting in December. Ms Wang is based in Hong Kong and is currently Executive Director and Chief Financial Officer of China Resources Power Holdings Company Limited. Prior t
