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
The scope under consideration includes a world-scale steam cracker, with feedstock coming from natural gas projects in Qatar; a mono-ethylene glycol plant of up to 1.5 million tonnes per annum using Shell’s proprietary OMEGA (Only MEG ...
Tags: Qatar Petroleum, 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
Qatargas, the company who pioneered the LNG Industry in Qatar, now has a production capacity of 42 mtpa of LNG, from its seven trains. This makes it the world’s largest LNG producer. Commenting on this achievement, His Excellency Dr ...
Qatargas, the company who pioneered the LNG Industry in Qatar, now has a production capacity of 42 mtpa of LNG, from its seven trains. This makes it the world’s largest LNG producer. Commenting on this achievement, His Excellency Dr ...
Tags: LNG, LNG Industry
Thailand's state-owned buyer PTT has deferred the delivery of a tendered LNG cargo until early December because of low downstream consumption, an informed source said Tuesday. PTT bought two cargoes above $6.50/MMBtu from two separate ...
Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...
Tags: LNG prices, LNG market
German utility group E.ON and Qatari producer RasGas have signed a three-year flexible deal to deliver up to 2 billion cubic meters of LNG over the term of the deal from Qatar to the UK's Isle of Grain LNG import terminal, where E.ON has ...
Tags: RasGas, LNG contracts
Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...
Tags: natural gas, LNG Cost
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
Chiyoda Corporation (“Chiyoda”) (TSE: 6366; ISIN: JP3528600004), one of Japan’s leading engineering and construction firms, announces that its subsidiary in Qatar, Chiyoda Almana Engineering LLC (“Chiyoda ...
Qatar Petroleum (QP) and two Japanese companies, namely Zeon Corporation and Mitsui & Co. Ltd., today signed a memorandum of understanding (MOU) for the development of an integrated butadiene extraction and elastomer complex in Ras Laffan ...
Tags: Metallurgy, Mineral, Energy
Southeast Asia may be the next growth market for energy comparable to China and India, industry players said at an energy industry forum on Monday. Fatih Birol, chief economist of the inter-governmental International Energy Agency, said ...
Tags: Metallurgy, Mineral, Energy
Qatar will use a mix feed of ethane and natural gas liquids as feedstock for two upcoming petrochemical projects, a company source said Monday. The first project involves Qatar Petroleum and Royal Dutch Shell. The two companies signed a ...
Thailand's PTT LNG, a subsidiary of state-owned oil and gas company PTT, is going ahead with plans to double capacity of its existing 5 million mt/year LNG import terminal despite severe under-utilization of the facility. "The government ...