Alexey Miller, Chairman of the Gazprom Management Committee and Robert Dudley, Group Chief Executive of British Petroleum (BP) held a working meeting as part of the St. Petersburg International Economic Forum 2011. The parties considered the global energy market trends in Europe and Asia paying spec
Yemen LNG has delivered an emergency supply of LPG to Yemen. For three months now the domestic supply of LPG has dropped to around 500 tons by day, well below the usual demand of 2200 tons by day. Road blockades in Mareb governorate and the shutdown of the Aden refinery were the main causes of [&hel
TransCanada Corporation announced that its US$360 million Guadalajara Pipeline has been completed. The entire capacity of the 307-kilometre (192-mile), 30-inch-diameter pipeline is held under a 25-year contract with Comisión Federal de Electricidad (CFE), Mexico’s state-owned electric company. “The
On 16 June 2011, as a part of St. Petersburg Economic Forum, Russia’s largest tanker company Sovcomflot and the State corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” signed a bilateral agreement on cooperation. The document was signed by SCF’s President and CEO
Iran plans to invest $38 billion in gas industry by the end of the country’s Fifth National Development Plan (2010-2015), Managing director of the National Iranian Gas Company (NIGC), Mr. Owji (image) announced. According to the report of the public relations of the NIGC, he said that the National I
Tsakos Energy Navigation Ltd. (TEN) today announced a four year time charter for the 2007-built 150,000 m(3) LNG carrier Neo Energy to a major international energy concern. The charter is expected to commence in the first quarter of next year upon expiration of the vessel’s existing employment. This
Today, Statoil presented its long term growth outlook. The company expects to raise production from around 1,9 million barrels in 2010 to above 2.5 million barrels of oil equivalents per day in 2020. With premium positions on a revitalised Norwegian Continental Shelf (NCS) and a world class project
Shell and China National Petroleum Company (CNPC) today signed a Global Alliance Agreement emphasizing their shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China. The two parties also signed a Shareholders Agreement to establish a Well Manufacturi
Western Australian Commerce Minister Simon O’Brien visited the Strategic Marine shipyard in Henderson yesterday for the hand-over of four new workboats to the Saipem Leighton Consortium for use on the Chevron operated Gorgon Project. The contract is valued at just under AU$1M. Minister O’Brien said
South Korean shipbuilding and shipping conglomerate the STX Group said Monday it has signed an initial deal to build a $1 billion shipyard in Russia… [mappress] Source: yahoo, June 20, 2011;
The $900 million cost blowout and delay to Woodside Petroleum’s Pluto project offshore in Western Australia could be a forerunner of more pr… (wabusinessnews) [mappress] Source: wabusinessnews, June 20, 2011;
Qatar continues to be the largest liquefied natural gas (LNG) exporter in the world, accounting for 25.5 percent of overall global LNG expor… (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, June 20, 2011;
Exoma Energy Limited has completed the drilling and testing of the Saltern-1 exploration core well in ATP1008 in the Galilee Basin, Central Queensland, the first of an initial 12 well exploration program. The well was drilled to a total depth of 938 metres and recovered 135.28 metres of core, includ
Metgasco Ltd today announced the launch of a Share Purchase Plan (SPP) to fund the Company’s development program for first gas sales and a high impact exploration program. Under the SPP, Eligible Shareholders will be entitled to apply for up to $15,000 in additional shares. Background to the SPP Aus
