R.K Garg has taken over the charge of Director (Finance) of India’s Petronet LNG on 20th July 2011. He is a Post Graduate in Commerce and member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. He joined Petronet LNG in its initial formative years in
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces the departure of John Morrow, Group COO, for personal reasons. Following a hand over period, Non Executive Director, Phil Tracy, who has extensive operations experience, will assume the role of Operations Direct
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG) , has declared a cash distribution of $0.63 per unit for the quarter ended June 30, 2011. The cash distribution is payable on August 12, 2011 to all unitholders of record on August 5, 2011. About Teekay LNG Partners L.P. Tee
The European Bank for Reconstruction and Development and the European Investment Bank have signed a memorandum of understanding with Ukraine’s national oil and gas company, NAK NaftoGaz, to finance the modernisation of the country’s Soviet-era gas transportation system. Each institution plans to inv
During a public meeting held in Accademia dei Concordi, Rovigo the results of the environmental assessment related to the animal and plant life around the onshore part of the gas pipeline are presented, including coastal and agricultural areas, lagoons and valleys. The monitoring was conducted by na
Qatar’s total export earnings have been projected to exceed $90bn this year on the back of huge liquefied natural gas shipments, Samba Finan… By Pratap John (Gulf Times) [mappress] Source:Gulf Times , July 22, 2011;
Sino Gas and Energy Holdings Limited continues to make progress towards development of its substantial gas resources in China. Commenting on the pace of progress, Sino Gas’s Managing Director, Stephen Lyons noted that: “On its seismic program, Sino Gas has shot ~ 245 km’s of seismic lines passing 60
Schlumberger Limited today reported second-quarter 2011 revenue of $9.62 billion versus $8.72 billion in the first quarter of 2011, and $5.94 billion in the second quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges, was $1.18 billion—an increase of 22%
INPEX CORPORATION (INPEX) announced today that its affiliate INPEX Masela, Ltd. (INPEX Masela) has signed an agreement with Shell Upstream Overseas Services (I) Limited a subsidiary of Royal Dutch Shell plc (“Shell”), to transfer a 30% participating interest in the Masela Block, the Arafura Sea, Ind
The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the Netherlands’ new LNG terminal on July 27 from Qatar. This will be the terminal’s third commissioning cargo. Prior to the start of commercial operations of Gate terminal in September 2011, the installations w
CB&I today reported net income of $61.9 million, or $0.62 per diluted share, for the second quarter of 2011. Revenue for the quarter was $1.1 billion. New awards for the second quarter totaled $1.2 billion, including a gas processing plant in the northeastern U.S., an engineering contract for an off
Developers of the proposed Kitimat LNG terminal on the B.C. Coast are “aggressively” drumming up support to build a second phase, a partner… By Dan Healing (The Calgary Herald) [mappress] Source: Calgary Herald, July 22, 2011;
When Onslow’s founding fathers settled on the Pilbara coast in 1883, little did they know their choice of location – just inland from where… By Peter Klinger (The West Australian) [mappress] Source: The West Australian, July 22, 2011;
Blue Energy Limited ,a rapidly evolving energy exploration company, provides the following update to the market. ATP814P – Bowen Basin (100% Blue Energy) As a direct result of a data sharing agreement between Blue Energy, Netherland, Sewell and Associates (NSAI) and several other Coal Seam Gas opera