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Golar Announce Sale of an Interest in the FLNG, Hilli Episeyo

Golar Announce Sale of an Interest in the FLNG, Hilli Episeyo

August 16, 2017 No Comments

Golar LNG Limited (NASDAQ: GLNG) (“Golar”) announced today that it and affiliates of Keppel Shipyard Limited (“Keppel”) and Black and Veatch (“B&V”) have entered into a purchase and sale agreement (the “PSA”) for the sale (the “Sale”) of equity interests (the “Interests”) in Golar Hilli LLC to Golar LNG Partners L.P. (the “Partnership”), which will, […]

Gazprom and Uniper celebrate 25 years of cooperation

Gazprom and Uniper celebrate 25 years of cooperation

August 11, 2017 No Comments

St. Petersburg hosted events celebrating 25 years of scientific and technical cooperation between Gazprom and Uniper. The joint scientific and technical programs carried out by the two companies cover nearly every stage of the production cycle, from hydrocarbon extraction and transportation to processing and marketing. The collaborative efforts include LNG production and promotion of natural […]

OMV Group Report January – June and Q2 2017

OMV Group Report January – June and Q2 2017

August 11, 2017 No Comments

Key Performance Indicators Group Clean CCS Operating Result doubled to EUR 662 mn Clean CCS net income attributable to stockholders amounted to EUR 282 mn, clean CCS Earnings Per Share were EUR 0.86 Operating Result and net income were negatively impacted by recycling of FX losses following the divestment of OMV Petrol Ofisi Strong free […]

ICL Signs MoU with Energean

August 9, 2017 No Comments

ICL (NYSE: ICL) (TASE: ICL) announced that it has signed a non-binding Memorandum of Understanding (“MoU”) with Energean Israel Limited (“Energean”) to enter into negotiations for a definitive agreement to supply up to 13 BCM of natural gas to the Company at a total consideration of approximately $2 billion over a 15 year period. The […]

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BP makes discovery in Mancos Shale

BP makes discovery in Mancos Shale

August 9, 2017 No Comments

BP announced it has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. Early production rates at the NEBU 602 Com 1H well in San Juan County are the highest achieved in the […]

Iran Doubles Condensate, Petchem Exports

Iran Doubles Condensate, Petchem Exports

August 9, 2017 No Comments

Iran’s export of gas condensate as well as petrochemicals from Pars Special Economic Energy Zone (PSEEZ) doubled during President Hassan Rouhani’s first term in office. According to IRNA, Mehdi Yousefi, managing director of PSEEZ, said production of natural gas from the supergiant South Pars Gas Field more than doubled under President Rouhani as several major […]

Toshiba Business Focuses on Export of US LNG

Toshiba Business Focuses on Export of US LNG

August 7, 2017 No Comments

Toshiba America, Inc. (TAI) publicly announced the formation of Toshiba America LNG Corporation (TAL), a new operating company that will focus on the liquid natural gas (LNG) market. Toshiba America LNG Corporation’s (TAL) is responsible for coordinating and assembling the necessary infrastructure chain to produce US LNG which can then be marketed by the broader […]

Cuadrilla’s UK shale rock DrillRig arrives

Cuadrilla’s UK shale rock DrillRig arrives

July 27, 2017 No Comments

The drilling rig that will be used to drill the first two horizontal wells to be drilled into UK shale rock has been delivered to Cuadrilla’s shale gas exploration site at Preston New Road, Lancashire. Francis Egan, CEO of Cuadrilla, said: “We are very pleased to have taken delivery of the drilling rig to our […]

Iraq Ministry of Oil and Baker Hughes sign a contract

Iraq Ministry of Oil and Baker Hughes sign a contract

July 26, 2017 No Comments

Following extensive discussions, the Iraqi Ministry of Oil and Baker Hughes, a GE company (BHGE) signed a contract for fast-track solutions to help the recovery of flare gas in line with the country’s strategy for energy sector development. An advanced modular gas processing (NGL) plant has been recommended for Nassiriya as part of the initiative […]

PETRONAS Delivers First LNG Cargo to Thailand

PETRONAS Delivers First LNG Cargo to Thailand

July 26, 2017 No Comments

PETRONAS has successfully delivered its first liquefied natural gas (LNG) cargo to Thailand under a long-term Sale and Purchase Agreement (SPA) signed between its subsidiary PETRONAS LNG Ltd (PLL) and PTT Public Company Limited (PTT). The cargo was delivered on 20 July 2017 to the Map Ta Phut Terminal at Rayong on the east coast […]

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