07/11/2014Australian company one step forward to first LNG in 2014
QGC, Australian natural gas company and the developer of the Queensland Curtis LNG (QCLNG) project, said in late June that it had begun operating a network of upstream natural gas processing facilities integral to meeting a target of producing first LNG from its Curtis Island plant in the fourth quarter of 2014.
07/11/2014ABS, DSME to jointly develop first LNG fueled drillship
American Bureau of Shipping (ABS), marine classification services provider, said on July 2, 2014 that it had entered into a joint development project with South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) to develop the first drillship fueled by liquefied natural gas.
07/09/2014Total to drill for shale gas in Denmark
French energy giant Total said on July 4, 2014 that it is going to start drilling test wells for shale gas in Denmark by end of this year or early 2015, and if results are positive, a test using hydraulic fracturing will be done in 2015.
07/09/2014Scotland’s shale gas reserves may cover 30 years UK needs
Scotland may hold shale gas resources enough to cover gas needs of the United Kingdom for over 30 years, Reuters reported referring to the British Geological Survey report published by the British government on June 30, 2014.
07/03/2014Total launches Edradour development and acquires a 60% interest in Glenlivet
Total, together with its partner DONG, has decided to launch the development of the Edradour gas field in the West of Shetland area, and has in addition acquired a 60% interest in the neighboring Glenlivet discovery. The tie backs of Edradour and Glenlivet to Laggan-Tormore are expected to add reserves of more than 65 million barrels of oil equivalent.
07/03/2014Total in exclusive talks with ugi corporation, parent company of antargaz, to sell Totalgaz
Total announced that it has entered into exclusive negotiations with UGI Corporation, the parent company of Antargaz, after having received a firm offer from the U.S. company to acquire all outstanding shares of Totalgaz, the Group’s liquefied petroleum gas (LPG) distributor in France. The transaction under consideration is aligned with Total’s strategy of assertively managing its asset portfolio.
06/11/2014Venezuela's PDVSA, Eni, Repsol to jointly produce gas
State-owned energy giant Petroleos de Venezuela (PDVSA), Spanish oil major Repsol and Italy's ENI said on June 4, 2014 that they signed strategic agreements concerning the exploitation of the Perla gas field in the Cardón IV block in the Gulf of Venezuela.
06/11/2014IEA: China’s gas demand to double in 5 years, LNG trade to grow
Demand for natural gas may nearly double through 2019 in China, the International Energy Agency (IEA) said in its 2014 Medium-Term Gas Market Report released on June 10, 2014. The power, industrial and transport sectors will drive overall Chinese gas demand to 315 billion cubic meters in 2019, an increase of 90% over the forecast period, the report said.