The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Fuel and Energy Minister. Participating in the meeting was also Evgeny Bakulin, Chairman of the Board of NAK Naftogaz Ukrainy. The parties addressed the i
Transeuro Energy Corp. is pleased to issue the weekly update on its Ukraine operation as follows: * Logging operations have been completed successfully. * Current operation is rigging up to run 7 inch casing to TD (Total Depth). * Production test equipment has been mobilized to the site in preparati
Oil and gas miner Beach Energy has reported a first-half loss of $87.14 million, with a writedown against its poorly performing Victorian of… (theaustralian) [mappress] Source: theaustralian, February 28, 2011;
Pacific Rubiales Energy Corp. announced today the successful results of the Apamate-1X exploration well in the La Creciente Block, Lower Magdalena Basin, Colombia. Ronald Pantin, CEO of the Company, commented: “The positive results of this well not only will add to our natural gas reserve base, but
Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, today reported results for the fourth quarter and fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2010, the Company reported TCE revenues of $853.3 million, a 10% decrease from
The Al Ghashamiya LNG carrier, with a capacity of 217,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 7, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic
The achievement of 77 million tonnes per annum (Mta) of liquefied natural gas (LNG) production capacity by the end of 2010 confirms the country’s position as the world’s leading producer of LNG with the largest production capacity – by far. Ras Laffan Port is the point of export of this clean energy
Global coal seam gas company Dart Energy Limited announced that it has agreed to acquire the 90% of Composite Energy Limited that it does not already own for approximately US$46.7 million. The consideration will be satisfied by way of issue of approximately 35.9 million new Dart shares to the curren
Tap Oil today announced its full-year results for 2010. Highlights – Underlying profit after tax (excluding non-recurring items) of $2.9 million – Exploration write downs and impairments of $79.6 million – Cash flow from Operations of $31.9 million „h Cash reserves of $99 million with no debt – Rais
Westport Innovations Inc., a global leader in alternative fuel, low-emissions transportation technologies, announced that it has secured a funding commitment of C$2.3 million from Sustainable Development Technology Canada (SDTC) to develop Westport HD technology for high-horsepower applications. Wes
Iran’s governor for OPEC Mohammad Ali Khatibi reported of signing a new charter for International Energy Forum (IEF). It’s worth mentioning that Islamic Republic of Iran elected as the permanent member of the Forum’s executive committee. According to the report of the public relations of the NIGC, h
The average cost of Spain’s gas imports rose in November as LNG prices pushed higher… (argusmedia) [mappress] Source: argusmedia, February 28, 2011;
GAZ-SYSTEM S.A. signed an agreement with Bureau Veritas Polska Sp. z o.o. concerning the collection of pipes and valves for the construction of strategic gas pipelines. The Contractor was selected under public procurement proceedings. The agreement was concluded for a term of 48 months and its value
Latin America’s biggest company, Brazilian state-run oil giant Petrobras, on Friday said it raked in a record net profit last year of $20 bi… (yahoo news) [mappress] Source: yahoo news, February 27, 2011;
