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News Archive

LNG

Atlantic LNG closed twice in a week by technical incidents

Officials of Atlantic LNG are still evaluating the damage caused by two incidents that resulted in the evacuation of the plant at Point Fortin twice in three days. They said though they had not yet...

26 May 2006 00:00 | GLM

LNG

Change in law may hand Russia control of energy projects

Russian politicians raised the possibility of a radical restructuring of the presence of foreign oil and gas companies in its energy sector this week. A spokesman at the Natural Resources ministry...

26 May 2006 00:00 | GLM

LNG

Don’t give money to the spot market, it only encourages it

Homeless LNG is finding little charity outside the US. In stark contrast to the festive period when shelters were fighting to entice the homeless, June has left cargoes to fend for themselves.Four...

26 May 2006 00:00 | GLM

Gas

European Commission raids German companies in anti-competitive probe

The European Commission raided the premises of German energy companies on 29th and 30th May on suspicion of anti-competitive practices, the Commission said on Tuesday.The unannounced inspections...

30 May 2006 00:00 | ESGM

LNG

Forty cargoes from the Arabian desert to feed Japan

Indonesia’s Minister of Energy and Mineral Resources, Purnomo Yusgiantoro, said this week that his government was seeking to buy around 40 extra cargoes of LNG from Qatar and Oman over the next three...

26 May 2006 00:00 | GLM

Gas

French unions to strike on 20th June

Three French unions have decided to disrupt flows of power and gas on Tuesday 20th June in protest against the forthcoming merger between the country’s gas incumbent GDF and multi-utility Suez....

30 May 2006 00:00 | ESGM

LNG

GAIL gets first spot cargo then turns off system in pique

GAIL India, which received its first LNG spot cargo last Saturday from Algeria, is in talks to take two more spot cargoes from Sonatrach, Proshanto Banerjee, chairman and m.d. said this week with the...

26 May 2006 00:00 | GLM

Gas

German RWE Dea begins drilling in Libya

Germany’s RWE Rea started drilling operations in Libya on Tuesday, which marks the first out of a 10-well minimum license contract in the Sirte Basin, south east of Tripoli, the upstream oil and gas...

30 May 2006 00:00 | ESGM

LNG

Hess LNG crosses Atlantic to set up terminal on Ireland

Ireland moved a step closer to gaining its first LNG import terminal after Shannon LNG announced plans on 22nd May to develop a EUR 400 million ($514 million) LNG regasification terminal on the west...

26 May 2006 00:00 | GLM

LNG

Hess LNG straddles Atlantic from New England to old Eire

Gordon Shearer, c.e.o. of Hess LNG, Shannon LNG’s parent company, speaks to HLM about Hess LNG’s strategy and plans for the future. Hess LNG was established in 2004 to develop the Weaver’s Cove LNG...

26 May 2006 00:00 | GLM

LNG

Japanese companies go a bundle on Oman LNG industry

Three Japanese companies this week bought equity stakes in Oman’s Qalhat LNG project, signaling the increasing desire of purchasing companies to change their risk profiles by taking stakes in LNG...

26 May 2006 00:00 | GLM

Gas

New French law to keep regulated tariffs – report

The new French law being drawn up to allow the further privatisation of Gaz de France will keep regulated tariffs in the domestic sector, according a report in French daily, La Tribune on Tuesday....

30 May 2006 00:00 | ESGM

LNG

NEWS in brief

Murphy sells gas to BintuluUS-based Murphy Oil Corp has signed a Heads of Agreement with Malaysia’s state-owned Petronas company for the sale of 250-300 Mcfd of gas for up to 15 years. Initial gas...

26 May 2006 00:00 | GLM

Gas

Norwegian state stays out of Odfjell controversy

The election by the Statoil board of Johan Frederik Odfjell as new chairman has caused some controversy in Norway. The debate centres around Odfjell’s extremely lucrative severance package from...

30 May 2006 00:00 | ESGM

LNG

Offshore looking better for terminals for northeast US

More hits and misses this week for the proponents and opponents of terminals in the US, as the continent-sized bun-fight about where to regasify LNG continues. Up in the north-east US, the US Coast...

26 May 2006 00:00 | GLM

Gas

Poland’s inclusion in Norway-Sweden pipeline to be decided soon

The decision on whether Poland will join the project to extend the proposed pipeline between Norway and Sweden will be made within “weeks”, according to a source within the consortium.Ole Jan Aarvik,...

30 May 2006 00:00 | ESGM

Gas

Shtokman announcement is delayed to August

Gazprom is unlikely now to choose its partners to develop the Shtokman field in the Barents Sea until August.Sergei Yemelyanov, deputy director general of Gazexport, the transit arm of the Russian...

30 May 2006 00:00 | ESGM

LNG

Slovenia kicks up over Endesa’s terminal and calls for halt

Spanish utility Endesa’s LNG project in the Gulf of Trieste in Italy is meeting with resistance from neighbouring Slovenia on environmental grounds. The Slovenian government is now joining local...

26 May 2006 00:00 | GLM

Gas

Spanish ‘golden share’ gone, but replaced by new “protectionist” law

The Spanish government has abolished its ‘golden share’ in power incumbent Endesa following pressure from Brussels, according to the state gazette Boletín Oficial del Estado (BOE) on Monday. Still,...

30 May 2006 00:00 | ESGM

LNG

Strikers fired as labour rows grow at Milford Haven site

A number of skilled contractors at UK’s South Hook LNG site were told not to return to work on Monday 22nd May. in an ongoing dispute that could yet delay the terminal’s construction. The problems...

26 May 2006 00:00 | GLM

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