Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, has initiated a process to divest of its North Texas natural gas producing assets in the Fort Worth Basin located in the Barnett Shale play. Scotia Waterous (USA) Inc. has been retained as advisor to assist in the process. “The initiat
Petrobras” Brazilian natural gas output was 56.713 million cubic meters per day in July. This shows an 8% increase compared to the same month in 2010 and remained at the same level as June 2011. As a result of maintenance programs on platforms operating in the Campos Basin, Petrobras” Brazilian oil
Striking workers have shut down construction at an important part of Papua New Guinea’s biggest resource project… (radioaustralianews) [mappress] Source: radioaustralianews, August 25, 2011;
The director of Russian gas exporter Gazpromexport’s pricing and contracts division expects higher US gas prices in 2012-13 and a potential… (argusmedia) [mappress] Source: argusmedia, August 25, 2011;
Wednesday Irkutsk hosted the opening of the 20th Annual International Congress “Innovative Technologies in the Oil, Gas, Energy and Communication Sectors”. Gazprom’s delegation led by Oleg Aksyutin, Member of the Company’s Management Committee, Head of the Gas Transportation, Underground Storage and
Daewoo Shipbuilding & Marine Engineering Co. said yesterday that it has won a $280 million deal to build a floating storage and regasificati… (joongangdaily) [mappress] Source: joongangdaily, August 25, 2011;
Dart Energy Limited will undertake a substantial restructure, including a proposed listing of its international portfolio of coal bed methane (CBM) assets on the Singapore Exchange. This follows recent, unsolicited expressions of interest in the company’s international asset portfolio and a detailed
Fortune Oil announced results for the six months ended 30 June 2011. FINANCIAL HIGHLIGHTS – Profits attributable to equity shareholders increased 141% to £10.8 million (H1 2010: £4.5 million). The increase was primarily due to the strong contribution from Bluesky and gain on deemed disposal of a sub
Blue Energy Limited provides the following update on activities in the ATP814P permit. Monslatt 9 The Monslatt 9 combination core and pilot production well is expected to commence drilling operations today. The well, which is being drilled by Ensign Rig 60, is located in the southern part of the Mon
Golar LNG Limited advises that World Shipholding, which is indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, has extended its TRS agreements relating to 300,000 shares in the Company. John Fredriksen is Chairman of the Board, President and Direct
The Al Oraiq LNG carrier, with a capacity of 210,198 cubic metres, is due to arrive in the UK’s Dragon terminal September 1, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next 20 y
The NSW opposition has called for an “iron-clad guarantee” that drinking water won’t be affected under a proposal to build a gas storage pla… (ninemsn) [mappress] Source: ninemsn, August 24, 2011;
Peterbilt Motors Company hosted America’s Natural Gas Alliance (ANGA) for an educational presentation showcasing Peterbilt’s comprehensive family of alternative fuel vehicles, highlighting the lower operating costs, lower emissions benefits and the performance capabilities Peterbilt’s alternative ve
In response to upstream oil and gas regulator BPMigas’s request to renegotiate gas prices, state gas distributor PT PGN says that the agency… (thejakartapost) [mappress] Source: thejakartapost, August 24, 2011;