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Exxon Worldwide Oil and Gas Production Decline 4.28 mb per day
Exxon’s oil and gas production declined by 3.8 percent during July-September period is equivalent to 4.28 million barrels of crude per day, the company Irving, Texas-based said yesterday in a statement. That is the lowest output since the second quarter of last year and the biggest drop since 2008. Exxon, the world’s largest company by [...]
Friday, October 28th, 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, 2011Korean Gas Moving in Indonesia and Australia LNG to Acquire Shareholding
Korea Gas or KOGAS keep on acquiring shareholding in Indonesian and Australian liquefied natural gas or LNG projects as it aims to secure supplies. The state run company is keen on bolstering Korea’s supplier of liquefied natural gas and the planned Australian acquisitions are expected to result in stable supplies. KOGAS has now grown to [...]
Saturday, October 30th, 2010