GasLog Ltd. announced that it has appointed Mr. Dennis Houston as new independent member of the Board of GasLog effective June 14, 2013. Dennis Houston has also been appointed member of the Audit & Risk Committee as well as a member of the Compensation Committee and HSSE Committee of the Company. The Board has further appointed [...]
Greg Michaels, Chairman of SCT&E, and CEO of its subsidiary North Energy Central (NEC), spent the last week in the Dominican Republic on a business trip where he met with investors and financiers to discuss the US$2 billion vertically integrated energy projects. During the same trip, Mr. Michaels attended a Gas Summit and Round Table for [...]
Alexey Miller, Chairman of the Gazprom Management Committee and Viktor Ishaev, Minister for the Russian Far East Development, Presidential Plenipotentiary Envoy to the Far Eastern Federal District signed an Agreement of Cooperation at the Gazprom headquarters. The signed document is primarily aimed at creating favorable conditions for social and economic development of the Far [...]
The Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), welcomed the nation’s new Secretary of Energy, Dr. Ernest Moniz, in a hearing focused on the president’s proposed FY2014 budget for the Department of Energy. Members questioned Secretary Moniz over the department’s budget requests and expenditures and discussed a new vision for the [...]
Ukraine is holding talks with Russia concerning reducing of imported gas price and successfully realizes the program of improvement of its own energy independence. This was announced by Vice Prime Minister of Ukraine Yuriy Boyko in his interview with the 5 channel. “We are into constant negotiations with partners. We show than that this year [...]
OAO Sovcomflot announced its financial and operating results for the first quarter ended 31 March 2013. Commenting on the Group’s results Sergey Frank, President and CEO of OAO Sovcomflot, said: “The conditions in the tanker markets remained very challenging throughout the first quarter of 2013. Whilst some of the global macro-economic indicators are beginning to show [...]
Scaffolding specialist MAS Australasia Pty Ltd (MAS) a subsidiary of AusGroup Limited, has secured an initial AU$34.5 million contract with CB&I and Kentz Joint Venture (CKJV) on the Chevron-operated Gorgon Project. The contract has been awarded for ongoing scaffolding services. Strong performance and delivery may position AusGroup to secure further work over the life of [...]
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Kongsberg Maritime Hellas recently opened a new training room in order to meet the increased training demand by Greek and international customers. The new training room will firstly be used for K-Chief 700 automation system training to LNG / Offshore owners both in Greece and worldwide. Many of Kongsberg Maritime’s customers are utilising crew and [...]
Statoil launched its “Energy Perspectives” report describing the long-term macroeconomic and market outlook based on studies conducted by Statoil’s in-house analysis team. Economic development continues to drive energy demand Increase in demand expected for all energy sources – but considerable improvement in global energy efficiency Demand for oil expected to rise by ~15 million barrels [...]
In this Teekay video update, Market Analyst Christian Waldegrave gives his review of the 2013 gas market and looks ahead to what can be expected in the second half of 2013. Teekay LNG Partners, the third largest independent owner of LNG carriers, provides LNG, LPG and crude oil marine transportation services under long-term, fixed-rate time-charter contracts [...]
