Jan 29, 2013 Plans for BP to begin drilling for oil and gas in Liby a are in serious doubt in the aftermath of the terrorist attack on its gas production plant in neighboring Algeria. A BP spokesman said: « We were due to drill in the second half of this year but we are now reviewing that as a result of the situations in Algeria and Benghazi. » BP signed a $900 million exploration and production agreement with ...
Continue Reading ?Jan 29, 2013 A Royal Dutch Shell unit struck a deal with a Kinder Morgan Inc company to export liquefied natural gas out of an existing import terminal near Savannah, Ga., the companies said Monday. The move, which comes in the wake of a recent report commissioned by the U.S. Department of Energy that came out in favor of LNG exports, is the latest among major energy companies seeking to capitalize on North America’s the newly found abundance ...
Continue Reading ?Jan 29, 2013 A discovery made last year by BHP Billiton and Apache off the coast of Western Australia state could contain around 500 Bcf of natural gas. Although significant, a resource of this size wouldn’t be large enough to support construction of a standalone LNG, export terminal on the coast. LNG terminals typically require at least 3 -4 Tcf of natural gas to be economically viable. The discovery , however, could be combined with others nearby to ...
Continue Reading ?Jan 21, 2013 Fluxys Belgium acquired Fluxys & Co from Distrigas in 2008. The company commercialized border-to-border transmission capacity in the Zeebrugge-Blaregnies (Troll) and Zeebrugge-Zelzate/Eynatten (VTN) pipelines. Fluxys & Co also held a 49% stake in the Norwegian partnership Patrederiet BW Gas Fluxys DA, which owns the LNG carrier BW GDF SUEZ Boston. After the acquisition, Fluxys Belgium integrated the transmission activities in the Troll and VTN pipelines into its own infrastructure portfolio. As a result, the stake in ...
Continue Reading ?Jan 21, 2013 BP may be forced to reconsider further gas exploration in North Africa as a result of the hostage crisis at the Algerian natural gas facility that it jointly operates. While it is unlikely that BP will scale back operations in Algeria, further expansion across the region will need careful consideration, owing to the threat from al Qaeda in the Islamic Maghreb. The Algerians are very security conscious, and they have to be. They have a massive ...
Continue Reading ?Jan 17, 2013 The Gazprom headquarters hosted a working meeting between Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Sheikh Hasina, Prime Minister of the People
Continue Reading ?Jan 15, 2013 RWE AG has announced the commissioning of the Gazelle gas pipeline, opening up the « new northern route » for the transportation of natural gas to western Europe. The official commissioning ceremony held in Primda, Czech Republic was attended by Czech Prime Minister Petr Necas, Anne Ruth Herkes, State Secretary of the Federal Ministry of the Economy and Technologies Federal Republic of Germany and Anatolij Borisovitch Janovskij, State Secretary at the Ministry for Energetics of the Russian ...
Continue Reading ?Jan 09, 2013 TransCanada Corporation announced that it has been selected by Progress Energy Canada, being the successor by amalgamation of PETRONAS Carigali Canada Ltd. and Progress Energy Resources Corp. to design, build, own and operate the proposed $5 billion Prince Rupert Gas Transmission project. This proposed pipeline will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia (B.C.) to the recently-announced Pacific Northwest LNG export facility in Port Edward near ...
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