Energy News - page 136


Rosneft Hikes Stake in NOC

Dec 25, 2014

Rosneft and Lukoil signed a package of legally binding documents regarding Rosneft’s acquisition of 20% share in the National Oil Consortium LLC (NOC). Due to this deal the share of Rosneft in the charter capital of NOC will increase to 80%…

Petrobras Sets up Special Committee

Dec 24, 2014

The Board of Directors of Petrobras approved at a meeting held today, the creation of a special committee to act as interlocutor ('Reporting line') of independent internal investigations conducted by the Trench, Rossi e Watanabe and Gibson…

Chariot to Farm-out with Woodside

Dec 24, 2014

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that, as detailed in the announcement of 4 July 2014, the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd…

Yamal, the Future of Russian Gas Industry

Dec 24, 2014

Yamal is seen as the future of the Russian gas industryDevelopment of an unparalleled gas production center is well underway in Yamal, in harsh Arctic latitudes. The annual design capacity at Bovanenkovo has already amounted to 90 billion cubic meters of gas…

Ezion Holdings to Acquire Teras Conquest

Dec 24, 2014

The Board of Directors of Ezion Holdings Limited (the “Company”) wishes to announce that the Company had acquired 92,000 ordinary shares of S$1.00 each representing 92% equity interest in Teras Conquest 7 Pte. Ltd. a company incorporated in Singapore (the “Subsidiary”)…

North West Shelf to Process 3rd Party Gas

Dec 24, 2014

Woodside, as operator of the North West Shelf (NWS) Project, informed that the NWS Project participants today signed a non-binding Letter of Intent with Hess Exploration Australia Pty Ltd to process resources from Hess’ permits in the Carnarvon Basin…

Sparrows Set for European Growth

Dec 23, 2014

The Sparrows Group has made two key appointments to its senior management team as it looks to enhance its market share in the U.K. and grow its operations throughout the rest of Europe during 2015, the company said.The group has promoted Mark Beveridge to the role of European Operations Director…

BP & SOCAR Deal to Explore Shallow Water Absheron Peninsula

Dec 23, 2014

BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) today signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea…

ARENA Seeks Input for R&D

Dec 23, 2014

ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia.ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program…

GasLog Ltd. to Buy 2 LNG Vessels

Dec 23, 2014

GasLog Ltd. has entered into an agreement with Methane Services Ltd. an affiliate of BG Group, to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million. The two vessels, Methane Becki Anne and Methane Julia Louise…

Fighting for Ports Escalates in Libya

Dec 21, 2014

Military planes loyal to Libya's recognised government attacked on Sunday an opposing force that is seeking to seize the country's two biggest oil ports, officials said. The advancing force, which is allied to a rival government based in Tripoli…

Wärtsilä to Proceed with first LNG Terminal

Dec 19, 2014

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015…

Nordic Yards Delivers 'Wind Server'

Dec 19, 2014

Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’.“We are proud that with this innovative offshore vessel for…

Teekay Tankers to Acquire 5 Tankers

Dec 19, 2014

Teekay Tankers Ltd. announced that it will acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of approximately $230 million. The five vessels, which are expected to be delivered in the first quarter of 2015…

Cheniere to Sell LNG from Corpus Christi to Portugal

Dec 19, 2014

Cheniere Energy, Inc announced today that its subsidiary, Corpus Christi Liquefaction, LLC  has entered into a liquefied natural gas ('LNG') sale and purchase agreement ('SPA') with EDP Energias de Portugal S.A. ('EDP') under which EDP has agreed to purchase approximately 0…

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