Enbridge Mulls M&A in Gas, Power Generation

Enbridge Inc, Canada's largest pipeline operator, is considering natural gas and power generation acquisitions to help boost the diversity of its asset base, the company's CEO said on Friday.

Sinopec Restructures Overseas Unit

BEIJING, July 31 (Reuters) - Chinese energy giant, Sinopec Group, is relocating nearly 40 percent of its staff in its global exploration and production unit back to its headquarters,

Chevron Q2 Profit Plunges 90 Percent

Oil producer Chevron Corp reported a 90 percent drop in second-quarter profit on Friday as falling oil prices eroded results. The company posted net income of $571 million,

First LNG Deal on Japan's OTC Exchange

The first liquefied natural gas (LNG) non-deliverable forward deal has been struck on Japan's over-the-counter market, the Japan OTC Exchange said on Friday, nearly

TransCanada Beats Street

TransCanada Corp , the country's No. 2 pipeline company, reported a higher-than-expected quarterly profit on Friday, boosted by higher earnings from both its Keystone line,

Gazprom Export Launches Gas Auction

Gazprom Export on Friday launched an auction of an additional 3.24 billion cubic metres of gas to northwest Europe for the coming winter, providing relief following

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

NOIA Applauds Senate Passage of OPENS Act

NOIA President Randall Luthi issued the following statement on the Senate Energy and Natural Resources Committee’s passage of the OPENS Act, which will open new

Idemitsu to Buy Showa Shell Shares

Shell has reached an agreement with Idemitsu for the sale of 125,261,200 shares in Showa Shell Sekiyu KK, representing a 33.24% shareholding in the company, for

India Petronet Aims to Lease out 63 pct of Dahej LNG Capacity

India's Petronet LNG aims to lease out about two-thirds of the capacity at its Dahej import terminal in Gujarat state over the next four years to boost revenue

MARAD to Host Meeting on Proposed Delfin LNG License

MARAD Announces Public Scoping Meetings for Proposed Delfin Liquefied Natural Gas Deepwater Port Export Facility.   On July 29, the Maritime Administration

Exxon, Eni, Sasol Bid for Mozambique's Unexplored Fossil Fuel Bounty

Exxon Mobil, Italy's Eni and South Africa's Sasol are among the firms that submitted bids to explore new blocks for fossil fuels in Mozambique and off its Indian Ocean coastline,

ClassNK Releases Guidelines for CNG Carriers

Classification society ClassNK has released its Guidelines for Compressed Natural Gas (CNG) Carriers.   Global economic and population growth is bringing about

MTM Signs Exclusive Multi-Year Contract With Eni

MTM, a fully owned subsidiary of Fuel Systems Solutions, Inc., through its CUBOGAS brand of compressed natural gas (CNG) compressors and systems for vehicle refueling,

Brazil: Former Petrobras Executive Favored Saipem

Prosecutors in Brazil said on Wednesday former Petrobras executive Renato Duque had unfairly favored Italy's Saipem SpA on a contract for an undersea gas pipeline

Eni Mulls Mozambique LNG Supply Deal

Italian oil and gas group Eni is holding discussions with a potential buyer of liquefied natural gas (LNG) supply from its floating export project in Mozambique, an executive said on Thursday.

Shell May Shed North Sea Assets after BG Deal

Royal Dutch Shell will "take a good look" at selling North Sea assets after its planned acquisition of BG Group next year, Shell's Chief Executive Officer Ben van Beurden said on Thursday.

Conoco Beats Street, Cuts CapEx

ConocoPhillips, the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital

Asia LNG Output a Mismatch for Regas Capacity

What could go wrong for liquefied natural gas (LNG) in Asia to derail the current consensus of strongly rising demand being met by supply that is increasing even

LNG in Global Alliance With Chart Industries

  Liquefied Natural Gas Limited is entering into a supplier alliance agreement (SAA) with Chart Industries, Inc. (Chart) through Chart’s wholly owned subsidiary, Chart Energy & Chemicals, Inc.

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