Chevron Corporation today reported earnings of $3.77 billion ($1.87 per share – diluted) for the third quarter 2010, compared with $3.83 billion ($1.92 per share – diluted) in the 2009 third quarter. Results in the 2009 period included gains of approximately $400 million ($0.20 per share) from upstream asset sales and discrete tax items. Foreign [...]
The first liquefied natural gas (LNG) cargo will be delivered today to the new jetty at National Grid’s Isle of Grain LNG importation terminal. This begins the final stage of commissioning the £310 million Phase 3 expansion, on time and to budget, of the UK’s leading LNG terminal. It marks another major milestone for Grain [...]
Liquefied Natural Gas Limited today announced activities report for the quarter ended September 30, 2010. Highlights • Gladstone “Fisherman’s Landing” LNG Project (Fisherman’s Landing LNG Project) – the Company continues to advance meaningful discussions with potential gas suppliers for its wholly owned Fisherman’s Landing LNG Project. It is pleasing to note that momentum has returned [...]
Chubu Electric Power Co., Inc. (“Chubu Electric”) announced it had reached agreement for basic terms and conditions to purchase LNG with BG Group plc (“BG Group”). The agreement relates to Chubu Electric’s purchase of LNG supplied from BG Group’s global LNG portfolio. It is the first time that Chubu Electric has agreed to LNG portfolio [...]
Australia Pacific LNG has advised relevant landholders, the Queensland Government, Western Downs Regional Council and Maranoa Regional Council of the results of chemical analysis of samples taken from water bores on properties where exploration wells that have recently been hydraulically fracture stimulated in the Surat Basin, west of Miles. Sampling has been conducted at the [...]
Cargotec has delivered liquefied natural gas-powered (LNG) terminal tractors that fully meet California’s 2010 California Air Resources Board (CARB) standards for off-road vehicle emissions, while improving on the performance of equivalent diesel-powered units. Twelve Kalmar Ottawa 4×2 terminal tractors powered by LNG have been delivered to California Cartage Company, a Southern California leading import trucking [...]
STX Offshore & Shipbuilding, the South Korean shipbuilder, recently delivered the ‘Castillo de Santisteban’ to Empresa Naviera Elcano, the globally active Spanish shipping group. Five MAN dual-fuel 8L51/60DF engines will power the 300-metre long LNG carrier with each delivering 8,000 kW at 514 rpm. The newbuilding has been assigned by her charterer, Spanish energy company [...]
October 29, 2010 | Posted in
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Woodside advises that it has entered into a Sale and Purchase Agreement to acquire a 50% participating interest in exploration permit WA-404-P, offshore Carnarvon Basin, Western Australia from Hess Exploration (Carnarvon) Pty Ltd. On completion Woodside’s participating interest in WA-404-P will become 100%. The WA-404-P permit contains the Martell, Noblige, Larsen and Larsen Deep gas [...]
October 29, 2010 | Posted in
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The Executive Committee of EXMAR NV today gave its trading update for the third quarter of 2010. Key-figures are: LPG The operating result (EBIT) of the LPG fleet in the third quarter was USD 1.8 million (compared to USD 0.4 million for the third quarter of 2009), including 42 offhire days. Midsize – EXMAR’s fleet [...]
The industrial action that has halted LNG deliveries to the Tonkin and Cavaou terminals at Fos in France has ended, energy giant GDF Suez… (argusmedia) Source: argusmedia, October 29, 2010;