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Natural Gas Terminal Explosion near Egypt Border with Israel
Natural gas terminal near Egypt’s border with Israel early on Wednesday has explosion, sending flames shooting into the air and forcing the shutdown of the country’s export pipeline, said security officials. It was the second incident in the past month on the al-Sabil terminal near the town of El-Arish just 30 miles (50 kilometers) from [...]
Wednesday, April 27th, 2011Encana Acquire Kitimat LNG Interest Export Terminal
Encana Corporation has agreed to acquire a 30 percent interest in the planned Kitimat liquefied natural gas (LNG) export terminal, located on the west coast of central British Columbia, and the associated natural gas pipeline. This proposed Kitimat LNG export development is intended to open tremendous new market opportunities in the Asia-Pacific region for abundant [...]
Sunday, March 20th, 2011Oil and Natural Gas Corp Report Profit 3Q likely to Boost Investor Confidence
Oil & Natural Gas Corp or ONGC, the India’s biggest energy explorer, posted a record profit in the third quarter that’s likely to boost investor confidence before a share sale that may raise 121.2 billion rupees ($2.6 billion). Net income in the three months ended Dec. 31 more than doubled to 70.8 billion rupees from [...]
Saturday, January 29th, 2011