Peru’s liquefied natural gas (LNG) exports totaled US$576.6 million in the first half of 2011, Peru’s Foreign Trade Society (ComexPeru) repo… Source: Andina [mappress] Source:Andina , July 26, 2011;
Magellan Petroleum Corporation and Santos have now finalized discussions regarding an appropriate resolution of all remaining issues relating to the non-closure of the Evans Shoal transaction. The Company and Santos have agreed that $10 million of the sums deposited in connection with the Evans Shoa
The National Energy Board (NEB or the Board) today announced that it will hold a public hearing to consider an application submitted by BC LNG Export Co-operative LLC (BC LNG) for a 20-year licence to export liquefied natural gas (LNG) from Canada to Pacific Rim markets. This application is based on
QGC Pty Limited is about to start exploring for natural gas in the Bowen Basin. The company will drill several wells over the next 18 months, some to about 4.5km deep. These wells are aimed at sandstone formations up to 1km below aquifers of the Great Artesian Basin and are similar to gas wells bein
Iran will have the potential to export up to 250 million cubic meters of gas in next two to three years, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced here. According to the report of the public relations of the NIGC, he said that Iran with 33 trillion cubic mete
BHP Billiton and Petrohawk Energy Corporation (“Petrohawk”) announced today that on 22 July 2011, BHP Billiton and Petrohawk received notice from the U.S. Federal Trade Commission of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in relation to BHP Bil
Sterling Resources Ltd. (“Sterling” or the “Company”) announces that the Field Development Plan (“FDP”) for the Breagh gas field has received the unconditional approval of the UK Department of Energy and Climate Change (“DECC”). FDP approval from DECC was formally granted at a ceremony that took pla
Foster Wheeler AG announced today that its board of directors has approved a senior leadership succession plan under which J. Kent Masters, 50, will become the company’s Chief Executive Officer, effective October 1, 2011. It is expected that he will stand for election to the company’s board of direc
In Nigeria, Saipem has been awarded the contract for the Otumara-Saghara-Escravos gas pipeline by Shell Petroleum Development, as part of Shell’s program to reduce gas flaring in the Country. The 42-kilometre-long pipeline, of various sizes ranging from 2 to 12 inch, and passing through a swampy ter
Environmentalists have again warned of an ecological disaster at the southern end of Queensland’s Great Barrier Reef , following the discove… Source: Ninemsn [mappress] Source:NineMsn , July 25, 2011;
After Reliance Industries refused to supply gas to Bawana power plant, the Delhi government has now sought an intervention from the Prime Minister’s office (PMO) on the issue. A delegation of senior Delhi government and power department officials recently met the PMO officials to seek resolution to
The 10 billion dollars trilateral deal is slated to transfer Iran’s gas to Europe via a five thousand kilometers pipeline that is going to pass Iraq, Syria and Lebanon territories, Javad Oji said at a press conference on Saturday afternoon. South Pars gas field as a reliable source of gas is the mai
Metgasco announced that it welcomes the NSW Government’s coal seam gas (“CSG”) initiatives announced on Friday as an important step in re-assuring the community of the safety and environmental sustainability of the CSG industry. By creating more public confidence in the industry, the initiatives wil
Until a few years ago, the big players in the global natural gas exporting business were busy planning tanker terminals to supply what they… By Dave Cooper, edmontonjournal.com [mappress] Source:Edmonton Journal , July 24, 2011;
