Pakistan government has ratified the $1.5 billion Iran pipeline project, which will bring around 750,000 Mcf/day of gas to the energy-starved country by January 2015, an official from petroleum ministry said Thursday. The federal ...
Tags: Iran, pipeline project, petroleum
Global pipe and tube producer Tenaris announced Wednesday that in January, the company began a new phase in its long-term supply agreement with Brazilian multinational energy company Petrobras, which will last until 2017. Throughout the ...
Tags: pipe and tube producer, Tenaris, Brazilian multinational energy company
Petrobras recently recognized Tenaris in the framework of the “Best Suppliers of Goods and Services” awards in two categories. First, Tenaris was recognized in the “Long-Term Global Contracts” category in the Campos ...
Tags: Petrobras, casing, tubing, oil production, oil
Gazprom identified Gazprom Gazomotornoye Toplivo as a special purpose company to consolidate the Group's assets related to the NGV fuel production and sales. The main business lines of the new company include devising and implementing ...
Tags: Gazprom Gazomotornoye Toplivo, fuel production, fuel, company news
Annual profits have increased at US wholesale retailer Costco on the back of higher sales at home and abroad. Costco yesterday (10 October) reported net income of US$1.71bn for the 53 weeks to 2 September. The result compared to the ...
Tags: retailer Costco, higher sales, home and abroad, net sales
Lower margins from gas sales have hit half-year profits at US c-store retailer Casey's General Stores. Net income fell 6.7% to US$71.9m for the six months to the end of October despite higher sales. Casey's pointed to lower margins from ...
US convenience retailer Casey's General Stores has reported a fall in first-quarter profits on the back of flat turnover hit by a decline in fuel sales. Casey's booked net income of US$39m for the three months to the end of July. A year ...
Tags: convenience retailer, decline in fuel sales, Casey's General Stores
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
Winter demand for natural gas in Shanghai is expected to rise by 50% year on year to nearly 30 million cubic meters/day (1.06 Bcf/day), Chinese state company PetroChina said Thursday. The company said the increase is due to rising gas ...
Tags: demand for natural gas, rising gas demand, seasonal consumption
The UAE's Dana Gas has signed agreements with the Sharjah and Ajman governments to develop a gas field located about 40 km offshore in shared territorial waters, the company said in a statement Thursday. The agreements include a ...