Woodside Q2 Revenue Slides 32%
Australia's Woodside Petroleum Ltd reported a 32% drop in second-quarter revenue on Thursday, the first decline in six quarters, as it was hit by an extension of planned maintenance at its Pluto liquefied natural gas facility and weaker prices.The country's largest listed oil and gas explorer said production…
Novatek in Arctic LNG 2 Deal with TechnipFMC
Russian largest independent gas producer and liquefied natural gas (LNG) player Novatek signed a deal with TechnipFMC for its Arctic LNG 2 project.The contract was signed on engineering, procurement, supply, construction and commissioning (EPC) of an integrated liquefied natural gas facility with an annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project…
Petronas FLNG Relocates to Sabah
Malaysian state-owned oil firm Petroliam Nasional Bhd (Petronas) said on Wednesday it had relocated its floating liquefied natural gas facility to the eastern state of Sabah, nearly two years after it began operations.The Petronas FLNG (PFLNG) Satu is now moored in the Kebabangan cluster field, some 90 km northwest of the state's capital city of Kota Kinabalu, the company said.The f
Fire on Pemex Tanker in Gulf of Mexico
A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm. The blaze on the tanker "Burgos" occurred off the coast of Boca del Rio in Veracruz state and all the crew were safe, Pemex said in a tweet.
Pemex Blast Death Toll at 24, Leak Blamed
Pemex says death toll from blast could still rise; Pemex CEO says unclear what caused the accident. Twenty-four people died after a leak caused a deadly petrochemical plant blast, and the death toll could still rise, Mexican oil giant Pemex said on Thursday, the latest in a series of fatal accidents to batter the company.
PEMEX Pipeline Fire Kills One, Injures Seven
At least one person died in a blaze near a pipeline owned by Mexican state oil company Pemex, and seven others were injured late Tuesday night, local emergency services said on Wednesday. The fire was controlled without the pipeline being affected, Pemex said via its Twitter account late on Tuesday, adding that none of the injured people were Pemex employees.
Steel Cutting of Petronas Floating LNG2
PETRONAS achieved another milestone with the official steel cutting of its second floating liquefied natural gas facility, the PETRONAS Floating LNG2 (PFLNG2) in a ceremony held on 11 June 2015 at the Samsung Heavy Industries (SHI) Shipyard in Geoje Island, South Korea. The PETRONAS delegation was headed by…
Pemex: 2015 Output Unaffected by Platform Blaze
Mexican state oil giant Pemex expects to meet its 2015 output target of 646,000 barrels per day (bpd) for the oil-producing region where a platform exploded last week, killing four people and leaving three more missing, a top executive said on Sunday. The fire broke out on Pemex's Abkatun Permanente processing platform in the oil-rich Bay of Campeche at 3.40 a.m.
Statoil Evacuates LNG Plant Personnel
Norwegian energy firm Statoil has evacuated some personnel from its liquefied natural gas facility in Hammerfest in Northern Norway but production was normal, the firm said on Wednesday. Statoil operates Europe's only liquefaction plant, using gas from the Arctic Snoehvit field in the Barents Sea. Reporting by Balazs Koranyi
Quebec Eyes Exports of Oils Sand Crude, LNG
Canada's Quebec province could start exporting crude from oil sands and also liquefied natural gas to Asia and Europe from 2017-2018, as buyers search for alternative suppliers to Russia, Quebec's energy minister said. The standoff between Russia and the West over Ukraine has increased Europe's quest for alternative…
Explosion Rocks Natural Gas Processing Plant In Wyoming
An explosion on Wednesday rocked a natural gas-processing plant in Wyoming that can churn out about 2 percent of the daily U.S. gas supply, though no injuries were reported. The blast at the Williams Companies Inc plant in Opal, Wyoming, touched off a fire that was still burning several hours later, company spokeswoman Michele Swanersaid.
IOC to Buy 10% of Petronas's Canadian Gas Project
Reuters - Indian Oil Corp said on Friday it would buy a 10 percent stake in Malaysian oil firm Petronas's Canadian shale assets in northeastern British Columbia. The deal also gives India's biggest refiner a 10 percent interest in the Malaysian company's proposed Pacific NorthWest liquefied natural gas facility on Canada's West Coast.