The proposed Sovereign Wealth Fund (SWF) to be set up to invest funds generated from the LNG project abroad will boost the country’s economy… Source: eastwestcenter, July 30, 2010;
Petronet LNG Limited has achieved a net profit of Rs.111.37 crores, an increase of 8% in its net profit after tax compared to corresponding quarter of previous year due to increased efficiency in its operations. This is despite additional depreciation of Rs.20.52 crores and interest of Rs.25.70 crores in comparison to the corresponding quarter of [...]
Ras Laffan dry dock will be operational by the year-end, Nakilat managing director Mohamed Ghannam has said… Source: gulf-times, July 30, 2010;
Major construction work at the Qatargas 4 liquefied natural gas facility and Pearl, the world’s largest gas to liquids plant, will be… Source: Yahoo News, July 29, 2010;
AGL Resources Inc. and El Paso Corporation today announced the signing of a joint-venture agreement to distribute liquefied natural gas (LNG) across the southeastern United States to the heavy-duty transportation market, which includes heavy-duty trucks, buses, and waste haulers, and to peak-shaving facilities. The new 50/50 joint-venture, Southeast LNG Distribution Company, plans to own and [...]
Royal Dutch Shell reported second-quarter income attributable to Royal Dutch Shell shareholders of $4.39 billion, higher than $3.82 billion… (rttnews) Source: rttnews, July 29, 2010;
SHELL is likely to join Chevron’s giant Wheatstone liquefied natural gas project in competition with Woodside Petroleum’s Pluto project… (perthnow) Source: perthnow, July 29, 2010;
The Bligh Government has appointed Ms Kay Gardiner as Queensland Gas Commissioner to monitor and guide development of the State’s gas market in the context of the emerging Liquefied Natural Gas (LNG) industry. Mines and Energy Minister Stephen Robertson said today Ms Gardiner brings to the position a depth of experience in strategic gas industry [...]
Leading Australian engineering company Monadelphous Group Limited today announced it had secured a contract with Chevron Australia Pty Ltd (Chevron) valued at approximately $85 million through its recently acquired transmission pipelines business KT Pty Ltd, which trades as KT Pipeline Services. The major transmission pipeline contract with Chevron at its Gorgon Project on Barrow Island, [...]
Chevron Australia Pty Ltd is pleased to announce the signing of a Heads of Agreement with the Thalanyji people of Onslow, for land required to develop the Wheatstone liquefied natural gas and domestic gas project. The Wheatstone plant site is located at the State Government’s North Ashburton Strategic Industrial Area, approximately 12 kilometres south of [...]
