The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
Horizon Oil has agreed to sell 40% of its assets in Papua New Guinea, which it hopes will underpin a mid-scale LNG project, to Japanese utility Osaka Gas for $204 million, the Australia-listed company said Thursday. The purchase price ...
Tags: Australia's Horizon, Osaka Gas
The Novatek-led Yamal LNG consortium's marketing of LNG from the project and final investment decision are not dependent on whether the Russian government would allow companies other than Gazprom to export gas from the country, ...
Penske Truck Leasing has opened a new truck rental, leasing and maintenance facility in Phoenix, US that has a worth of $6m. The new facility has a footprint of 24,000sqft and is built on a 10acres land that is located at 1945 West Hilton ...
Tags: Penske Truck, Truck
Reporters learnt from The Export-Import Bank of China(China Eximbank) that the lender has inked loan agreement with Diana Shipping, loan promise with Angelicoussis and cooperative agreement with Dynagas to support the three Greek ship ...
Tags: China Eximbank, Ships
Wood Mackenzie expects resource sector investment in Australia to peak in 2013 at A$85 billion ($82.6 billion), dominated by spending in gas, followed by iron ore and coal, and to remain at high levels for the next three years, according to ...
Japan's Osaka Gas and Kyushu Electric Power have signed a 12-year LNG transportation agreement with shipping company Mitsui OSK Lines to lift contracted volumes from the Ichthys LNG project offshore Australia, Osaka Gas said in a statement ...
Tags: Metallurgy, Mineral, Energy, Gas
Floating storage and regasification units serve as an entry solution to the LNG market for smaller volumes of LNG imports, John Sattar, an LNG and natural gas consultant with Poten & Partners, said in an industry event Thursday. "Given ...
Tags: FSRUs, LNG Markets
BG Group has entered the regulatory phase of its Prince Rupert LNG project, submitting applications to Canadian and British Columbia environmental review agencies for a three-train operation aimed at eventually exporting 21 million mt/year, ...
Tags: BG Group, LNG Project
Shell lays keel for world's first floating LNG project Thursday, May 09, 2013 In an important step, Shell has laid the keel for Prelude FLNG, the world's first floating liquefied natural gas (FLNG) project. When complete, Prelude is ...
Tags: Shell, Transportation, Service
Warm weather saw soft demand across the UK on Tuesday but prices remained firm on the NBP wholesale gas trading hub on strong storage injections and with Norwegian field maintenance extended. At midday in London, gas for same-day delivery ...
Tags: UK GAS, Field Maintenance
State-owned PetroChina has refuted local reports that it restricted natural gas supplies in some areas of northern China in order to force the government's hand in raising prices and accelerating gas pricing reforms. Local media, ...
Tags: PetroChina, Gas Supplies
The UK's BG Group expects the Egyptian government to continue to allow LNG exports from the country despite the current gas shortages on the domestic market, BG CEO Chris Finlayson said Thursday. Egypt is a key market for BG and a fall in ...
Tags: LNG Exports, Local Shortages
Indonesia's state-owned gas transmission and distribution company Perusahaan Gas Negara said late Wednesday that its first-quarter gas sales volume in the domestic market increased by 5.8% year on year to 833,000 Mcf/d. "The increasing of ...
Royal Dutch Shell, Japan's Mitsubishi and Iraqi state-owned South Gas Company have launched a long-delayed project to capture and market gas from some of Iraq's biggest oil fields, Shell said Wednesday, adding that it would be the largest ...
Tags: Royal Dutch Shell, Mitsubishi