The Board of Directors of EXMAR has drawn up the accounts for the period ending 30th June 2010. The Group had an operating result (EBIT) of USD 15.9 million for the first semester 2010 (USD 20.7 million for the first semester 2009). The financial result was negatively influenced by the change in fai
PetroChina Co Ltd has completed construction of its first liquefied natural gas (LNG) wharf in the northern city of Dalian, the China Petrol… (CNBC) [mappress] Source: CNBC, September 2, 2010;
Woodside acknowledges the Western Australian Government’s decision to proceed with the compulsory acquisition of land required for the State’s Browse LNG Precinct. Woodside is the foundation commercial proponent at the Precinct. The State’s decision to acquire the land will maintain the opportunity
The Fos Cavaou LNG terminal has received the green light from the Bouches du Rhône Prefecture to operate at full capacity. With its 8.25 billion cu.m/year natural gas capacity, Fos Cavaou increases France’s LNG regasification capacity to over 23 billion cu.m/year, thus strengthening the security of
Cryostar SAS, a leading global cryogenic equipment manufacturer, has implemented Intergraph® SmartPlant® Enterprise solutions to integrate the design, process, piping, instrumentation and structural tasks for its power plant and gas liquefaction projects. Cryostar implemented Intergraph SmartPlant 3
Fortune Oil is pleased to announce that it has entered into an agreement with Everthriving Investment Group (“Everthriving Investment”) to acquire 65% of the share capital of 3 of its subsidiaries. Everthriving Investment is a privately owned Chinese LNG and Natural Gas business. The total considera
Wallenius Marine AB and LNG GOT AB have entered a strategic partnership to examine possibilities for using liquid natural gas (LNG) as a shipping fuel in existing and newly built vessels in the Wallenius fleet. The study is intended to show how LNG can be used as a fuel in a manner that is economica
CNOOC Gas Power Group Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), signed a gas purchase and supply agreement with Guang… (interfax) [mappress] Source: interfax, September 1, 2010;
Availability of natural gas, including imported LNG, is likely to increase in the country by over 52 per cent to 271.92 million cubic meters… (business standard) [mappress] Source: business standard, September 1, 2010;
Sempra Pipelines & Storage, a unit of Sempra Energy, today announced that its Mississippi Hub natural gas storage facility is now operational, as the first of its two caverns is placed in service. “This is a significant milestone demonstrating our capabilities in developing greenfield midstream proj
State oil and gas company PT Pertamina has revised down its investment target by Rp 18.6 trillion (US$2.06 billion) or nearly 42 percent of… (thejakartapost) [mappress] Source: thejakartapost, August 31, 2010;
Vanzetti Engineering S.r.l. has completed construction of Italy’s first public Liquefied to Compressed Natural Gas (LCNG) fuelling station… (ngvglobal) [mappress] Source: ngvglobal, August 31, 2010;
Tokyo Gas Co., Ltd. and Mitsui O.S.K. Lines, Ltd. today announced that Tokyo LNG Tanker Co., Ltd., a wholly owned subsidiary of Tokyo Gas and MOL executed an agreement under which Tokyo LNG Tanker will receive a minority stake of the shares owned by MOL in the joint-venture companies related to the
Wärtsilä, the marine industry’s leading ship power solution provider, has signed a turnkey contract with Tarbit Shipping of Sweden to convert a product tanker to LNG propulsion, and to supply the ship with a Wärtsilä LNGPac system for the safe and convenient storage of LNG onboard. This is the first
