Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our second quarter 2011 earnings were higher than year-ago levels, driven by increased energy prices and Shell’s operating performance. Shell reinvests its ...
Tags: Royal Dutch Shell, Shell
Shell’s three-year strategic plan, outlined in 2010, is building the foundations for profitable growth for shareholders in the future. We are improving near-term competitive performance, and delivering a new wave of production growth. ...
Tags: Royal Dutch Shell, oil sands
Arrow Energy, jointly owned by PetroChina and Royal Dutch Shell, will use Shell’s proprietary LNG technology. The engineering design will be undertaken by an international consortium comprising the Chiyoda Corporation, CB&I (Chicago ...
Tags: Arrow Energy, PetroChina, Shell
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to ...
First quarter 2012 results webcastsRoyal Dutch Shell Chief Executive Officer Peter Voser commented: “We are making good progress against our targets to deliver a more competitive performance. Our profits pay for Shell’s ...
Tags: Shell, good progress, new energy projects
Australia is due for a second wave of LNG project development, despite spiraling costs that have hindered further progress in recent years, Santos Vice President of LNG Markets and Eastern Australia Commercial Peter Cleary said. Speaking ...
Tags: LNG Development, LNG Markets
Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...
Tags: LNG Import Terminal
ABS secures Prestigious FLNG classification contract Tuesday, May 06, 2014 ABS, a leading provider of classification and technical services to the global offshore industry, has been awarded the classification contract from PETRONAS, ...
Tags: ABS, FLNG Classification Contract
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
The conflict between Ukraine and Russia could cause the global LNG market to tighten further if the crisis were to escalate and affect gas flows into Europe, but high gas storage inventories in the region should create a buffer in the ...
Tags: Natural Gas, Mineral
Yokogawa Electric Corporation announces that it has received an order from Kawasaki Heavy Industries, Ltd. to supply the control system for an LNG carrier that is being built for the Ichthys LNG project* in Australia. The ship will be the ...
The keel laying process for PETRONAS' first floating liquefied natural gas facility (PFLNG 1) has commenced this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering ...
Tags: Oil News, Gas News, Petronas, Floating LNG
In connection with Woodside's sale of equity in the Browse LNG Development to Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) and advised to the ASX on 1 May 2012: • Woodside and MIMI entered into an agreement (JMA) to jointly ...
Woodside Petroleum will recommend Shell's floating LNG technology to its joint venture partners as the best option to develop the Browse project off Western Australia, the company said in a statement Tuesday. "The selection of FLNG as the ...
Tags: Floating LNG, JV Partners
The CNOOC Gas and Power Group, a wholly-owned subsidiary of CNOOC, China's largest offshore oil and gas producer, said Thursday that its first floating liquified natural gas (LNG) project has gone through government approval. The floating ...
Tags: Floating LNG Project