Archive for: January, 2011

JC Carter to Design and Manufacture 22 Pumps for Singapore LNG Terminal

JC Carter to Design and Manufacture 22 Pumps for Singapore LNG Terminal

JC Carter LLC, the international pioneer and technology-leading designer and manufacturer of cryogenic submerged motor pumps (SMP), today announced receiving the completed purchase order for 22 third generation pumps for the liquefied natural gas (LNG) terminal on Jurong Island, Singapore. Singapore LNG Corporation Pte. Ltd. (SLNG) and its engineering, procurement and construction (EPC) partner Samsung [...]

USA: Exxon Mobil Announces Estimated Fourth Quarter 2010 Results

USA: Exxon Mobil Announces Estimated Fourth Quarter 2010 Results

Exxon Mobi today announced  financial results for the quarter and the fiscal year ended December 31, 2010 EXXONMOBIL’S CHAIRMAN REX W. TILLERSON COMMENTED: “ExxonMobil continues to deliver strong financial and operating results. The full year 2010 earnings, excluding special items, were $30.5 billion, up 57% from 2009, driven by higher crude oil and natural gas [...]

LNG Limited: Quarterly Report December 2010 (Australia)

LNG Limited: Quarterly Report December 2010 (Australia)

LNG Limited today announced activities report for the quarter ended December 31, 2010. Highlights • On 27 January 2011, the Company signed a Share Placement Term Sheet (Term Sheet) with China Huanqiu Contracting & Engineering Corporation (HQCEC). HQCEC is a wholly owned subsidiary of China National Petroleum Corporation (CNPC), which is China’s largest producer and [...]

USA: Marathon Oil Declares Fourth Quarter 2010 Dividend

USA: Marathon Oil Declares Fourth Quarter 2010 Dividend

Marathon Oil Corporation announced today that the Company’s board of directors has declared a dividend of 25 cents per share on Marathon Oil Corporation common stock. The dividend is payable March 10, 2011, to stockholders of record on Feb. 16, 2011. Source: Marathon Oil, January 31, 2010;

EWC Gets Permit to Develop Pagbilao LNG Hub (Philippines)

EWC Gets Permit to Develop Pagbilao LNG Hub (Philippines)

The Directors of Energy World Corporation Limited (EWC) are pleased to announce that EWC has recently received from the Secretary of the Department of Energy of the Republic of the Philippines a permit for the development, construction and operation of a Liquefied Natural Gas Hub Terminal and Re-gasification Facility (LNG Hub Terminal) on Pagbilao Grande [...]

Mitsubishi Acquires 20% Interest in Senoro-Toili Natural Gas Field in Indonesia

Mitsubishi Acquires 20% Interest in Senoro-Toili Natural Gas Field in Indonesia

Mitsubishi Corporation (MC) is pleased to announce that it has acquired all the shares of Tomori E&P Limited, which owns a 20% working interest in the Senoro-Toili natural gas field, from PT. Medco Energi Internasional Tbk, Indonesia’s largest private-sector energy company. The purchase price is US$260 million (approx. 21.5 billion yen). The Senoro-Toili natural gas [...]

Dana Gas Posts 80% Rise in 2010 Profits as Production Rises (UAE)

Dana Gas Posts 80% Rise in 2010 Profits as Production Rises (UAE)

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2010. Revenue from the sale of hydrocarbons increased to AED 1,785 million, with gross profit reaching AED 781 million. These figures represent increases of 40% and 79% respectively, compared to [...]

USA: Chesapeake and CNOOC Limited Announce Niobrara-Focused DJ Basin and Powder River Basin Project Cooperation Agreement

USA: Chesapeake and CNOOC Limited Announce Niobrara-Focused DJ Basin and Powder River Basin Project Cooperation Agreement

Chesapeake Energy Corporation and CNOOC Limited announced the execution of an agreement whereby CNOOC International Limited, a wholly-owned subsidiary of CNOOC Limited, will purchase 33.3% undivided interest in Chesapeake’s 800,000 net oil and natural gas leasehold acres in the Denver-Julesburg (DJ) and Powder River Basins in northeast Colorado and southeast Wyoming. The consideration for the [...]

Motorola Solutions to Supply AUD $14 Million Communications Network for QCLNG Project (Australia)

Motorola Solutions to Supply AUD $14 Million Communications Network for QCLNG Project (Australia)

Motorola Solutions has signed a AUD$14.4 million contract with Queensland Gas Corporation (QGC), a BG Group company, for the supply of radio communications infrastructure for QGC’s liquefied natural gas (LNG) project in southern Queensland. Motorola will provide a microwave system linking the central processing plant in the gas fields and a fully integrated ‘TETRA’ radio [...]

US Shale Gas a Threat to Australian LNG

US Shale Gas a Threat to Australian LNG

Shale gas producers in the United States that are seeking to tap into the liquefied natural gas (LNG) market could pose a competitive threat… (ninemsn) Source: ninemsn, January 31, 2010;


 


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