WestSide Corporation has undertaken a strategic review of the business following the withdrawal of PetroChina International Investment Company Limited’s non-binding proposal to acquire 100 per cent of the Company. Consequently, the Board has initiated an organisational restructure to sharpen the Company’s development and production focus at the Meridian SeamGas field. WestSide’s Executive Chairman Mr Angus [...]
PIRA Energy Group reports that Asian LNG demand heads toward summer peak buying. Mexican gas flows move to trade forefront. In Europe, the need for stronger injections remains. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following: Asian Demand Heads Toward Summer Peak Buying Time is running out to secure last minute [...]
June 19, 2013 | Posted in
Africa,
Americas,
Asia pacific,
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
South & Central Asia,
Top Stories |
Read More »
The staff of the Federal Energy Regulatory Commission (FERC) intends to prepare an environmental impact statement (EIS) that will discuss the environmental impacts of the Magnolia Liquefied Natural Gas Project involving construction and operation of facilities by Magnolia LNG, LLC in Calcasieu Parish, Louisiana. The Commission will use this EIS in its decision-making process to determine whether the project is [...]
HAWAI’I GAS announced that Thomas K.L.M. Young has been promoted to executive vice president of Strategic Initiatives & Supply effective immediately. He will be responsible for overseeing the continued development of the company’s liquefied natural gas (LNG) initiative-a key component of its strategy to further diversify its fuel supply and provide Hawai’i with clean, cost-effective [...]
Leighton Holdings Chairman Mr Bob Humphris OAM today announced the appointment of Russell Higgins AO, Mike Hutchinson and Vickki McFadden as Independent, Non-Executive Directors of the Company’s Board, effective immediately. Mr Humphris said: “We are very pleased to welcome three exceptional leaders to the Board of Directors from a field of high quality candidates.” “Mr Higgins will bring [...]
Drydocks World announced today that Floating Storage Re-gasification Unit (FSRU) Toscana sailed away from Drydocks World – Dubai. The unit, formerly the 138,830-cbm LNG carrier Golar Frost, has been under conversion since June 2009 at Drydocks world Dubai yard for contractor Saipem and owner OLT. The LNG Carrier, built by Hyundai Heavy Industries was [...]
June 19, 2013 | Posted in
Company News,
Featured,
Headlines,
Middle East,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Vessels |
Read More »
Buccaneer Energy Limited announced that the 100% owned Kenai Loop project has now produced a total of 3.0 billion cubic feet (“BCF”) of gas (500,000 BOE) since the commencement of the field’s production in January 2012. Since the completion of the commissioning of the Kenai Loop facilities in February 2012 virtually no production time has [...]
Total E&P Tajikistan B.V., a subsidiary of Total announced today the finalization of the acquisition of an interest in the Bokhtar PSC in Tajikistan, from Kulob Petroleum Limited, a subsidiary of Tethys Petroleum Limited, and jointly with CNPC Central Asia B.V., a subsidiary of CNPC. Total E&P Tajikistan B.V. and CNPC Central Asia B.V. will [...]
Total gas sales volume by Japan’s Osaka Gas for the month of May came to about 668 million cubic meters, down 0.8% from the previous year. In the residential sector, the gas sales volume decreased by 3.7% from the previous year, while in the industrial sector, the gas sales volume also decreased by 2.4% from the [...]
The Chairman of the Supervisory Board of N.V. Nederlandse Gasunie, Rinse de Jong, announces that Paul van Gelder, CEO and Chairman of the Executive Board, will leave the company as of 1 September 2013. “We respect Paul’s decision. Over the past three years, he has led the company through turbulent times, with Gasunie successfully undergoing [...]
