Invensys Process Systems (IPS), a global technology, software and consulting firm, announced that it has won a major contract to upgrade control and automation systems at a liquefied natural gas (LNG) terminal and regasification plant near Barcelona, Spain.
The site, at Barcelona Terminal, is one of three such facilities run by Enagas, Spain’s leading natural gas [...]
Challenger Energy Corp., along with its partners Canadian Superior Energy Inc. (”Canadian Superior”) (Toronto:SNG.TO)(AMEX:SNG), and BG International Limited (”BG”), a wholly owned subsidiary of the BG Group plc (LSE:BGL.L), announced today they have unanimously agreed to case and conduct flow testing on the “Bounty” well located approximately 65 miles off the east coast of the [...]
Canadian Superior Energy Inc. announced, as Operator of the “Bounty” well offshore Trinidad, that Canadian Superior and its partners, BG International Limited (”BG”), a wholly owned subsidiary of the BG Group plc (LSE:BGL.L - News) and Challenger Energy Corp. (”Challenger”) (CDNX:CHQ.V)(AMEX:CHQ) have unanimously agreed to case and conduct flow testing on the “Bounty” well located [...]
Cheniere Energy Inc., a developer of liquid natural gas-receiving terminals, entered into a domestic marketing agreement for the sale of liquefied natural gas with a subsidiary of JPMorgan Chase & Co.
Financial terms were not disclosed.
The deal provides a framework under which the company’s marketing subsidiary, Cheniere Marketing Inc., sells to JPMorgan liquefied natural gas [...]
A U.S. subsidiary of Russia’s state-controlled natural gas company signed a letter of intent to obtain all the capacity of a liquefied natural gas (LNG) terminal planned for Quebec.
The export subsidiary of OAO Gazprom reached a deal with its partners in the Rabaska terminal project to become an equity partner in the venture.
The partners are [...]
Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use.
The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India.
The reports were baseless and the new mining law likely to be passed by Parliament by June would in [...]
UBS Investment Research raised its forecast for the price of natural gas to $9 per 1,000 cubic feet from $7.25 per 1,000 cubic feet.
“We believe improved domestic natural gas demand trends, soaring coal prices and likely increases in the cost of electricity generation, and increased competition for LNG (liquefied natural gas) from the Asian Pacific [...]
Japanese gas utilities want to provide Indonesia with technology that would allow it to produce gas from coal, in exchange for a stable supply of liquefied natural gas to Japan, a senior industry official said Thursday.
“Coal-to-gas technology has been there for a decade or so,” said Kunihiro Mori, managing director of the Japan Gas Association. [...]
Oil Search Ltd has sold a package of its Middle Eastern assets for $US200 million ($A216.01 million) to focus on the development of a liquefied natural gas project in Papua New Guinea.
The oil and gas producer, PNG’s largest, has sold eight assets across Egypt and Yemen to private outfit, Kuwait Energy Company KSC.
“The sale of [...]
The Australian share market has surged by 1 per cent after energy stocks were boosted by higher oil prices.
The All Ordinaries Index added 55 points to 5,465 and the ASX 200 picked up 58 points to 5,400.
Resource company Woodside Petroleum closed 2.7 per cent higher on rising oil prices.
Supply concerns sent the price of oil [...]
