The State Oil Company of Azerbaijan predicts huge gas reserves from offshore field Absheron… By Rufat Abbasov (News.az) [mappress] Source: News.az, July 15, 2011;
Today the Danish Energy Agency granted Nord Stream permission to operate the first of its twin pipelines that will transport natural gas from Russia to Europe. The application for Line 1 was sent in March – exactly two years after Nord Stream applied for permission to construction of the Nord Stream
I.M. Skaugen SE today announced that the pre-tax result for 2Q was positive USD 0.4 mill compared to negative USD 4.5 mill for 2Q2010. The pre-tax result was a negative USD 4.1 mill for the first half of 2011 (1H11) compared to a negative USD 8.6 mill for the 1H10. The result of the 1H11 […]
BHP Billiton and Petrohawk Energy Corporation (“Petrohawk”) announced today that the companies have entered into a definitive agreement for BHP Billiton to acquire Petrohawk for US$38.75 per share by means of an all-cash tender offer for all of the issued and outstanding shares of Petrohawk, represe
The European Investment Bank (EIB) is lending PLN 600 million (some EUR 150 million) to finance the construction of two sections of the natural gas transmission system in north-west and central Poland. This project will help Poland’s energy sector to use increasingly environmentally friendly energy
Golar LNG Limited advises that its 2011 Annual General Meeting will be held on September 23, 2011. The record date for voting at the Annual General Meeting is set to July 19, 2011. The notice, agenda and associated material will be distributed prior to the meeting. [mappress] Source:Golar LNG , July
Kitimat, B.C. – KM LNG Operating General Partnership (Kitimat LNG) today announced that it has entered into an agreement to purchase the former Eurocan industrial site in Kitimat, B.C. from West Fraser. The sale is subject to obtaining government approvals for the transfer of related permits and lic
Today in Rome Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Jürgen Grossmann, CEO of RWE signed a Memorandum of Understanding on strategic partnership in power generation in Europe. It also affirms the companies’ intentions to conclude the ongoing commercial negotiations to a m
Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth i
On July 13, SOCAR President Mr. Rovnag Abdullayev met with Mr. Phil Mulhall, ExxonMobil Regional Manager for Europe and the Caspian Region and Mr. Steven Mann, chief advisor on international issues. Mr. Abdullayev informed the guests on the latest achievements of Azerbaijan in the oil and gas indust
Opposition spokesman on energy Phillip Paulwell has questioned government’s reason for not disclosing that a Cabinet decision was made last… Source: Jamaica Observer [mappress] Source: Jamaica Observer , July 14, 2011;
CIC Boluomiao shipyard with its own technical expertise, not only repairs bulk carrier, oil tankers, container ships, but also repairs the multi-purpose ocean tugs, LPG carriers, chemical tankers, asphalt carrier, ro-ro ships, dredgers and other special ships. She has a good market reputation and th
The Government of Lithuania on Wednesday gave the projected liquefied natural gas (LNG) terminal in Klaipeda the status of national importan… By Petras Vaida, BC [mappress] Source:Baltic Course , July 14, 2011;
The shipping arm of ADNOC and its Group of Companies, ADNATCO and NGSCO, on Wednesday announced that one of its UAE national cadets has prog… Source: Khaleej Times [mappress] Source: Khaleej Times, July 14, 2011;