Energy giant Chevron has assured investors that it has enough customers already signed up for its Wheatstone and Gorgon liquefied natural ga… (theaustralian) [mappress] Source: theaustralian, January 31, 2011;
Petrofac, the international oil & gas facilities service provider, announces that it has signed a Risk Service Contract (RSC) to lead the development of the Berantai field, – offshore Peninsular Malaysia, for Petroliam Nasional Berhad (PETRONAS), the Malaysian national oil company. Petrofac has a 50
AMEC,the international engineering and project management company, has been appointedby BG Group to provide engineering, procurement, construction, commissioning and project management for all of the BG Group facilities in the central North Sea, including Armada, North Everest and Lomond platforms.
Traditional European Gas Conference was hosted in Vienna on January 25-28. The agenda of the conference covered such issues as European gas supply security, new alternative gas sources and transportation opportunities, Russia’s role in European gas supply, and importance of Caspian region in the con
The Al Mafyar LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 6, 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
On Friday, January 28, 2011, Publigas and the Caisse de dépôt et placement du Québec signed an agreement in principle that allows the Caisse to acquire a stake in Fluxys G, the parent company of Fluxys SA, through a capital increase of up to €150 million. This transaction is subject to approval by t
Sonde Resources Corp. announced that it has entered into a letter of intent providing for the sale of Liberty Natural Gas LLC which owns a 100% working interest in the Liberty Natural Gas LNG project. Under the proposed sale, Sonde will receive cash consideration of U.S.$7,320,000 upon closing, plus
Gladstone’s health and housing services will receive a major funding injection following the recent announcement that the GLNG project has been given final approval by its partners. GLNG Operations Pty Ltd on behalf of the GLNG Joint Venture Partners Santos, PETRONAS, Total and KOGAS announced a con
El Paso Pipeline Partners today announced its financial and operational outlook for 2011. “In only three years from our initial public offering, El Paso Pipeline Partners has increased its quarterly distributions to unit holders by more than 50 percent and is now one of the 10 largest publicly trade
Chevron Corporation today reported earnings of $5.3 billion ($2.64 per share – diluted) for the fourth quarter 2010, compared with $3.1 billion ($1.53 per share – diluted) in the 2009 fourth quarter. Results in the 2010 period included gains of nearly $400 million from downstream asset sales. Foreig
Kiev and Baku signed an intergovernmental memorandum on future deliveries of liquefied natural gas from Azerbaijan and an agreement on coope… (RIA Novosti) [mappress] Source: RIA Novosti, January 28, 2011;
The Jackson County Port Authority’s Board of Commissioners approved two resolutions Thursday to address unanticipated dredging work at the… (gulflive) [mappress] Source: gulflive, January 28, 2011;
The developer of Papua New Guinea’s multi-billion dollar LNG project says it’s working with the government and local leaders in order for op… (rnzi) [mappress] Source: rnzi, January 28, 2011;
Wärtsilä has redefined its long-term financial targets. Our target is to grow faster than global GDP. Our operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, our target is to keep operating profit margin above 10%. Our target is to maintain gearing bel
