GDF SUEZ and China Investment Corporation (CIC) have signed a Memorandum of Understanding (MoU) for cooperation across multiple businesses and regions, in particular in Asia Pacific. GDF SUEZ and CIC will cooperate on a non-exclusive basis to help accelerate their respective strategies by exploring
The National Engineering Services Pakistan (NESPAK) is preparing a feasibility report of a $7.5 billion Iran-Pakistan gas pipeline project. The first stage of the feasibility report will be completed within 14 months after which work on the stage two would begin with actual construction of the pipel
A new gas field containing around 495 billion cubic meters of natural gas worth $133 billion has been discovered in eastern part of the Assaluyeh, managing director of the National Iranian Oil Company (NIOC), Ahmad Qalebani announced. He went on to say that, over 80 percent of the new gas field rese
China Natural Gas, Inc., a leading provider of compressed natural gas (CNG) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an, China, announced its financial results for the second fiscal quarter ended June 30, 2011. Qinan Ji, Chairman and CEO of Chi
Sempra Energy reported second-quarter 2011 earnings of $511 million, or $2.12 per diluted share, up from earnings of $222 million, or $0.89 per diluted share, in the second quarter 2010. This year’s second-quarter earnings included a gain of $277 million, or $1.15 per diluted share, reflecting the w
The commercial engineer, Ricardo Cruzat Ochagavía, with an extensive professional career in both the private and public sectors, assumed August 1, the position of chief executive officer of ENAP, in replacement of the civil industrial engineer, Rodrigo Azócar Hidalgo. The executive is a commercial e
Woodside Petroleum has pledged to ensure that no populations of bilbies will be harmed during development of its proposed $30 billion gas hu… (thewest) [mappress] Source: thewest, August 9, 2011;
Meridium Inc., the global leader in asset performance management (APM) software and consulting solutions, today announced that Gladstone Liquefied Natural Gas (GLNG) in Queensland, Australia, has selected Meridium as the platform for its enterprise-wide APM initiative. The GLNG plant, which began co
Chiyoda Corp. Tuesday reported a jump in first-quarter profit to 1.62 billion yen, or 6.25 yen per share, from last year’s 1.31 billion yen… (rttnews) [mappress] Source: rttnews, August 9, 2011;
The Gujarat government on Monday formally approved the joint venture between Gujarat State Petroleum Corporation (GSPC) and the Adani Group… (timesofindia) [mappress] Source: timesofindia, August 9, 2011;
Reliance Industries Limited has received the Government of India approval for its transformational deal with BP. “Reliance Industries is grateful to the Government of India for the approval, which will result in the largest foreign investment in the domestic hydrocarbon sector,” the company said in
Iran’s gas production from the South Pars gas field in the Persian Gulf waters rose by 17 million cubic meters by starting gas draw from six new wells of the giant gas field’s phase 10, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said. He went on to say that gas […]
Nationals Senator Barnaby Joyce has today again unashamedly continued to misrepresent Australia’s system of mineral and resource ownership. APPEA’s Chief Operating Officer – Eastern Australia, Rick Wilkinson, said: “As with all underground resources in Australia, coal seam gas (CSG) reserves are own
Wärtsilä, a global leader in complete lifecycle power solutions and services, opens new workshop facilities in Helsinki, Finland. The new facilities enable Wärtsilä to offer a wide range of workshop services with rapid response times. Operations in Helsinki began in the beginning of August 2011. “Th
