Polskie LNG said that it has rejected the only one submitted application for the allocation of regasification capacity of the Świnoujście LNG terminal. The deadline for submitting applications has expired yesterday. “Only one application has been submitted by a company interested in entering into a re-gasification contract. Owing to formal errors in the application form [...]
Exxon Mobil today announced fourth quarter 2011 results. Fourth Quarter Highlights Earnings were $9,400 million, an increase of 2% or $150 million from the fourth quarter of 2010. Earnings per share (assuming dilution) were $1.97, an increase of 6% from the fourth quarter of 2010. Capital and exploration expenditures were $10.0 billion, consistent with the fourth [...]
Picarro, the world’s leading provider of instruments for carbon and water cycle measurements, introduced a first-of-its-kind solution for natural gas pipeline leak detection and measurement, based on the company’s proven and globally deployed Cavity Ring-Down Spectroscopy (CRDS) analyzers. The new solution, called Picarro Surveyor™ for Natural Gas Leaks, measures methane plumes in the air, maps them, and [...]
Klaipedos Nafta AB said in a statement that on January 27, the Ministry of Energy of the Republic of Lithuania has submitted a draft resolution to the Government proposing to pass a resolution regarding establishment of the LNG terminal whereby it is approved that Klaipedos Nafta would continue the implementation of the LNG terminal project. [...]
Wärtsilä said today that the Scheme of Arrangement with regards to the acquisition of Hamworthy has become effective and the control of Hamworthy has been transferred to Wärtsilä as of today. The associated Reduction of Capital was confirmed at a Court hearing on 30 January 2012 in London, United Kingdom and the trading of Hamworthy [...]
Shell Global Solutions International B.V. and ORTEC, a leading supplier in resource optimization tools and consulting services, have signed a contract to work closely together on a worldwide scale. The cooperation between Shell and ORTEC focuses on the optimization of supply chain processes and strategic decision making in up- and downstream engineering disciplines like planning [...]
Pierre Clavel, member of the Executive Committee of GDF SUEZ, has been appointed Executive Vice President Global Gas & LNG, in charge of Business Development. He will also assist Gérard Mestrallet and Jean-Marie Dauger, respectively Chairman & CEO and Executive Vice President of GDF SUEZ, in coordinating the partnership with Chinese sovereign wealth fund China [...]
Japan’s Futtsu liquefied natural gas terminal is due to receive a cargo on February 4, according to shipping data. The cargo is being hauled by the 137,000 cbm Al Hamra tanker. The Futtsu Thermal Power Station, one of the most representative power stations using LNG is operated by Tokyo Electric. LNG World News Staff, January [...]
GE Oil & Gas has signed an enterprise framework agreement to supply compressors and associated services for Shell’s projects worldwide over the next six years. Under the agreement, Shell will have access to GE’s most advanced, high-tech compressor technology for deployment in Shell’s key projects in high-growth regions, including Australia, West Africa, Russia and the [...]
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Kawasaki Heavy Industries, Ltd. has announced that, based on decisions made at a Board of Directors meeting earlier today, Mitsutoshi Takao, Senior Vice President, will be appointed Senior Executive Vice President, and Senior Vice Presidents Yuichi Asano and Toshikazu Hayashi will be appointed Directors effective April 1, 2012. Asano and Hayashi will resign as Directors [...]
