The board of directors of El Paso Corporation declared a quarterly dividend of $0.01 per share on the company’s outstanding common stock. The dividend will be payable July 1, 2011 to shareholders of record as of the close of business on June 3, 2011. Outstanding shares of common stock entitled to re
Apache Corporation announced today that the company will build a compressed natural gas (CNG) refueling station for the ecoparkfleet of buses that carry passengers to and from the city’s economy parking lots at Houston’s Bush Intercontinental Airport. The station is expected to be ready for service
Teekay Corporation announced today that it has completed its management transition following the previously announced retirement of Bjorn Moller. Effective today, Peter Evensen, Teekay Corporation’s former Executive Vice President and Chief Strategy Officer, succeeds Mr. Moller as Teekay Corporation
Indonesia may increase sales of natural gas from West Natuna Sea to Singapore starting in the fourth quarter by diverting supply slated for… (theedgesingapore) [mappress] Source: theedgesingapore, April 1, 2011;
Qatar’s economy is expected to surge 19% this year on the back of country’s rising gas production and public spending, the Saudi American Ba… (gulf times) [mappress] Source: gulf times, April 1, 2011;
Global coal bed methane (CBM) company Dart Energy Limited announced the first gas flows at the Sangatta West project in East Kalimantan, which is among the first in Indonesia from a dedicated coal bed methane pilot well. The SCBM#1 pilot well at the Sangatta West project began flowing gas in a contr
Centrica plc announced today that its North American subsidiary, Direct Energy, has acquired further natural gas assets located in the Wildcat Hills region of Alberta, from Shell Canada Energy for C$47m (£30m) in cash. The acquisition will give Direct Energy a 100% working interest in certain Wildca
Mitsui & Co., Ltd. announced today that Mitsui established a 100% subsidiary, Mitsui & Co. LNG Investment Limited , with a capital of US$1,017million in the United Kingdom to manage its existing LNG investments. Mitsui transferred and integrated its investments in LNG projects located in the Middle
BP confirmed today that it has signed four new coalbed methane (CBM) production sharing contracts (PSCs) in the Barito basin of South Kalimantan, Indonesia. BP and co-owner Pertamina were jointly awarded the Tanjung IV CBM PSC through a direct award from the Government of Indonesia. BP will hold a 4
Exoma Energy Limited announced that CNOOC Gas & Power Group has formally advised that the consent of the Chinese Government Authorities has been received for the $50 million Farm-in for a 50% interest in Exoma’s five Galilee Basin CSG and Shale Gas permits. This approval satisfies the final conditio
Blue Energy Limited announced that it has executed a private placement with three institutional investors, to raise $6 million by the issue of 75 million ordinary fully paid shares, at $0.08 per share. Following the announcement on 1 March 2011 of a doubling of total discovered gas in place (GIP) vo
GDF SUEZ and ACEA have closed their agreement signed on September, 16 2010. Following this agreement, GDF SUEZ activities in Italy will be managed through GDF SUEZ Energia Italia as follows: * GDF SUEZ Produzione will be in charge of power production with thermoelectric, wind, hydroelectric and phot
Eastern Star Gas Limited, Operator of the Narrabri Gas Joint Venture, announced that operation of the Tintsfield Lateral Well Pilot will commence today. The Tintsfield Pilot is located around 8 km southwest of Narrabri and is the first pilot to target the extensive Hoskissons coal seam. Although the
During its meeting of 31st March 2011, the Board of Directors of EXMAR reviewed the results for the year ending 31st December 2010. They are in line with the results announced on 27th January 2011. The operating result (EBIT) for the year amounts to USD 87.4 million (USD 44.5 million in 2009), posit
