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Australia’s Plans Natural Gas Exploration, Booming $15billion a Year LNG Export Industry
THE rapid multi-billion-dollar expansion of Australia’s second-biggest commodity export, liquefied natural gas, could stall if new investors are forced to comply with an emissions trading scheme from 2010.
The warning comes as major emitters continue to lobby for a regulated and cautious start to emissions trading in Australia, saying the credibility of the scheme could be [...]
Pressure on oil companies grows to end gas flaring in Nigeria
For three minutes, on the day last May when Royal Dutch Shell released its first quarter earnings figures, a flame shot high into the air in front of the company’s head office in The Hague, scorching a human chain of about 40 protesters that circled it, a few meters away, to block police efforts to [...]
GE Oil & Gas Supply
GE Oil & Gas has been awarded a contract to supply two gas turbine-driven turbocompressor trains to the Abu Dhabi Gas Liquefaction Company (ADGAS).
The equipment will be used for feed gas service to compress natural gas from the ADGAS Das Island LNG complex through a 200-kilometer subsea pipeline to Ruwais and a 100-kilometer onshore pipeline [...]
Esperanza Energy Announces Plans for Long Beach Offshore LNG Receiving Terminal
Esperanza Energy, LLC (”Esperanza”), a subsidiary of Tidelands Oil & Gas Corporation, today announced plans to file applications with state and federal agencies to build a floating liquefied natural gas (LNG) receiving facility 15 miles off the Port of Long Beach, California. The project, named Port Esperanza, will bring much needed natural gas to the [...]
Sea Views: Global tanker orders triple in first quarter
According to London consultants Drewry, shipbuilders have received more than three times as many orders for oil tankers in the first quarter of 2006 as they did one year ago, as owners invested their record profits in new vessels.
Drewry’s figures show that contracts were issued for 377 vessels, with a capacity of 38.4 million DWT [...]
Sea Views: Global tanker orders triple in first quarter
According to London consultants Drewry, shipbuilders have received more than three times as many orders for oil tankers in the first quarter of 2006 as they did one year ago, as owners invested their record profits in new vessels.
Drewry’s figures show that contracts were issued for 377 vessels, with a capacity of 38.4 million DWT [...]
