Tag Archive

First Yamal cargoes arrive in China

First Yamal cargoes arrive in China

July 19, 2018 No Comments

PAO NOVATEK (“NOVATEK” and/or the “Company”) has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. Today, in the presence of Alexander Novak, the Minister of Energy of Russia and Nur Bekri, the Director of the National Energy Administration of China, an official […]

CNRL Announces 1 Billion Barrel Production Milestone

CNRL Announces 1 Billion Barrel Production Milestone

July 19, 2018 No Comments

Canadian Natural Resources Limited (“Canadian Natural”), as operator of the Jackpine and Muskeg River mines at the Athabasca Oil Sands Project (“AOSP”), announced that the AOSP has achieved a mined production milestone of 1 billion barrels since operations began in 2003. Canadian Natural’s President Tim McKay stated, “This is a significant milestone and demonstrates the […]

U.S. To Hold Major Oil & Gas Lease Sale In August

U.S. To Hold Major Oil & Gas Lease Sale In August

July 16, 2018 No Comments

The U.S. Department of the Interior will hold an oil and gas lease sale for 78 million acres in the Gulf of Mexico on August 15, the department said in a press release. The amount includes all hitherto unleased areas in the U.S. section of the Gulf. This is the third offshore lease sale under […]

Hess Corporation Publishes 2017 Sustainability Report

Hess Corporation Publishes 2017 Sustainability Report

July 10, 2018 No Comments

Hess Corporation (NYSE:HES) published its 2017 Sustainability Report today, providing a comprehensive review of the company’s strategy and performance on safety, environmental, social and governance programs and initiatives. An electronic version is available at http://www.hess.com/sustainability/sustainability-reports. “Our company is committed to developing oil and gas resources in a responsible and sustainable manner,” CEO John Hess said. […]

Equinor acquires Danske Commodities

Equinor acquires Danske Commodities

July 6, 2018 No Comments

Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller contingent payments depending on DC’s performance over the next couple of years. This acquisition – of one of Europe’s largest short-term electricity traders – supports Equinor’s development towards becoming a broad […]

NNPC Posts Daily Gas Supply of 854.40million Standard Cubic Feet in March

NNPC Posts Daily Gas Supply of 854.40million Standard Cubic Feet in March

July 6, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has announced the attainment of a two-year record spike in gas supply to power generation, which hits 854.40million Standard Cubic Feet of gas per day (mmscfd) for March 2018, translating to an equivalent power generation of 3,492MW. Details of the March 2018 National Gas Production figures contained in the […]

BP starts-up landmark Shah Deniz 2 development in Azerbaijan

BP starts-up landmark Shah Deniz 2 development in Azerbaijan

July 5, 2018 No Comments

BP and its partners in the Shah Deniz consortium today announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey. The BP-operated $28 billion project is the first subsea development in the Caspian Sea and the largest subsea infrastructure operated by BP worldwide. It […]

GE to Provide Its Jenbacher Gas Engine Greenhouse Technology to Den Berk Délice

GE to Provide Its Jenbacher Gas Engine Greenhouse Technology to Den Berk Délice

June 13, 2018 No Comments

With Belgium’s goal to transition to 100 percent renewables by 2050, there is a stronger focus on flexibility in the power market and an increased need for small distributed power plants. Helping to meet this need, GE’s Distributed Power (NYSE: GE) business announced that it will provide three of its Jenbacher* gas engines and greenhouse […]

Gazprom and CNPC review gas cooperation strategy

Gazprom and CNPC review gas cooperation strategy

June 8, 2018 No Comments

The parties discussed the commercial and technical aspects of gas supplies to China from Russia’s Far East. Emphasis was placed on joint efforts in such areas as underground gas storage, promotion of the use of natural gas as a vehicle fuel, and gas-fired power generation. At the end of the meeting, Alexey Miller, Chairman of […]

Hess Announces Quarterly Cash Dividend on Preferred Stock

Hess Announces Quarterly Cash Dividend on Preferred Stock

June 6, 2018 No Comments

The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on August 1, […]

Page 1 of 5912345»102030...Last »