Oil and gas producer Santos has awarded contracts worth $102 million to a subsidiary of Transfield Services for well construction and servic… Source: PerthNow [mappress] Source:Perthnow , July 20, 2011;
Houston-based Cutuco Energy Central America aims to begin operations at its US$950mn power and LNG project in El Salvador by 2016, the firm… By James Fowler (Business News Americas) [mappress] Source:BNAmericas , July 20, 2011;
The Ministry of Petroleum and Natural Resources has decided to establish a task force, headed by the secretary petroleum, in a bid to provid… Source: The Express Tribune [mappress] Source:The Express Tribune , July 20, 2011;
Australia could become the world’s largest exporter of LNG, the head of Woodside’s Browse Basin project told a major energy conference in Ja… By Rick Wallace,The Australian [mappress] Source:The Australian , July 20, 2011;
Cheniere Energy plans to spend more than $6 billion to expand its liquefied natural gas facility in Cameron Parish, the company and Gov. Bob… By Alan Blinder (American Press) [mappress] Source:AmericanPress , July 20, 2011;
Sterling Resources Ltd. (“Sterling” or the “Company”) announces that it has signed a loan facility agreement (the “Facility”) with a group of banks for a GBP 105 million senior secured loan for the Phase 1 development by its wholly-owned subsidiary, Sterling Resources (UK) Ltd, of the Breagh gas fie
An agreement could be reached this fall on a joint Baltic liquified natural gas terminal, according to the Ministry of Economic Affairs and… By Kristopher Rikken (ERR) [mappress] Source:ERR News , July 19, 2011;
The Board of Directors of Tsakos Energy Navigation Limited (or the “Company”) has declared a quarterly dividend of $0.15 per share of common stock outstanding. The record date is August 4, the payment date is August 10 and the shares will trade ex-dividend on August 2. D. John Stavropoulos stated, “
Santos Limited announced yesterday that it has reached a binding agreement to acquire 100% of the outstanding ordinary shares in Eastern Star Gas (ESG) and has been unanimously recommended by ESG directors, in the absence of a superior proposal. The announcement also details the subsequent sale of a
Pakistan has invited expressions of interest (EOI) from national and foreign banks for the construction of a proposed $1.2 billion pipeline… Source: Dawn [mappress] Source:Dawn , July 19, 2011;
Federal regulators determining whether the Elba Island LNG facility can reopen its truck-loading facility have issued a progress report… By Mary Landers (Savannah Now) [mappress] Source: SavannahNow, July 19, 2011;
As operator of offshore Licence 12/06, PA Resources’ subsidiary PA Resources UK Limited announces initial results of the Broder Tuck exploration well (5504/20-4), located approximately 10 kilometres south of Gorm Field in the Danish part of the North Sea. Following some initial drilling problems, th
Korea’s state-owned natural gas company may be interested in snapping up Royal Dutch Shell PLC’s stake in the Mackenzie Valley Pipeline, an… By Lauren Krugel, The Canadian Press [mappress] Source:Brandon Sun , July 19, 2011;
GAIL (India) Limited has received Award for Excellence in Cost Management from The Institute of Cost and Works Accountants of India (ICWAI). Shri P.K. Jain, Director (Finance), GAIL received the award from Dr. M. Veerappa Moily, Hon’ble Minister of Corporate Affairs, Government of India on behalf of