Woodside Petroleum Ltd., Australia’s second-largest oil and gas producer, said third-quarter sales rose 27 percent driven by higher prices. Sales gained to $1.31 billion in the three months ended Sept. 30, from $1.03 billion a year earlier, Perth-based Woodside said today in a statement. Production
LNG Energy Ltd. announced that it has granted 150,000 stock options pursuant to its previously approved stock option plan to a consultant of the Company. The options are exercisable over 5 years at an exercise price of $0.25 per share. [mappress] Source: LNG Energy, October 20, 2011
Chevron Corp , the second-largest U.S. oil company, plans to increase its capital expenditure budget in 2012… (reuters) [mappress] Source: reuters, October 20, 2011
The Korea Trade-Investment Promotion Agency and the Korea Gas Corp. signed a memorandum of understanding with the Inter-America Development Bank to better access natural gas abundant in the Latin American region, Luis Albert Moreno, president of IDB said Thursday in Seoul. “Korea Gas Corp. probably
Noble Energy, Inc. reported today third quarter 2011 net income of $441 million, or $2.39 per share diluted, on revenues of $924 million. The Company’s third quarter 2010 net income was $232 million, or $1.31 per share diluted, on revenues of $755 million. Net income for the third quarter 2011 inclu
Warmer temperatures and the opening of natural gas pipeline in the United States led to a modest decline… (upi) [mappress] Source: upi, October 20, 2011
South Korea’s Kogas has made a proposal to Russia to build three mini LNG plants in Primorye… (interfax) [mappress] Source: interfax, October 20, 2011
Encana Corporation continued to deliver strong operational performance and solid financial results in the third quarter of 2011, growing natural gas and liquids production by 6 percent per share from the third quarter of 2010. Encana generated third quarter cash flow of US$1.2 billion, or $1.57 per
British prompt gas prices touched a fresh seven-month high on Thursday as temperatures slipped well… (reuters) [mappress] Source: reuters, October 20, 2011
Spain is on course to import 10 million tonnes of thermal coal in 2011 due to better margins on burning coal… (reuters) [mappress] Source: reuters, October 20, 2011
Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The discovery well encountered a total of 212 meters of continuous gas pay in high-quality Oligocene sands. The Mamba South 1 discovery well is located in water depths of 1585 meters approxi
Equity raisings by Woodside Petroleum to fund its growth projects could be complicated by a possible… (theaustralian) [mappress] Source: theaustralian, October 20, 2011
Gazprom said it was ready to examine the possibility of supplying more liquefied natural gas to Japan… (upi) [mappress] Source: upi, October 20, 2011
Poland’s gas monopoly PGNiG will try to negotiate a price cut in its long-term gas supply with Russian giant… (reuters) [mappress] Source: reuters, October 20, 2011