
NNPC reducing stake in Brass LNG
Nigeria National Petroleum Corp. (NNPC) is taking a US$ 2 billion dollar loan in order to unlock capital to push the project forward. The company plans to reduce its stake in the project as well.
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Nigeria National Petroleum Corp. (NNPC) is taking a US$ 2 billion dollar loan in order to unlock capital to push the project forward. The company plans to reduce its stake in the project as well.

CJV, a joint venture comprising of Chiyoda, as JV leader, CB&I and Saipem S.p.A., has been awarded the FEED contract for the Arrow LNG plant project.

A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.

The American Public Gas Association comment on the Environmental Protection Agency’s propositions to amend the greenhouse gas reporting rule.

Israel's National Planning Council has given final approval for a plan to establish a floating LNG terminal off its Mediterranean coast.

InterOil and Pacific LNG announced the signing of a Heads of Agreement (HOA) with Noble Clean Fuels Ltd. a wholly owned subsidiary of Noble Group Limited, for the supply of 1 million tpa of LNG from the Gulf LNG Project in Papua New Guinea.

API CEO releases a statement in support of budget negotiators of the bipartisan debt ceiling bill, which passed through Congress on August 2nd.

Costain isto provide cryogenic expertise on FEED study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea.

ConocoPhillips today announced approval of the final investment decision for the initial train of a two train LNG 9 million tpa project by Australia Pacific LNG in Queensland, Australia.

Praj Industries Limited, global biofuels technology and process engineering Company, has won a contract for a large Ethanol plant in Colombia from Isolux Corsan of Spain, who are the main contractors for the project of Bioenergy S.A.

Chevron Corporation has signed binding Sales and Purchase Agreements (SPAs) with Tokyo Electric Power Company (TEPCO) for the delivery of LNG from the Wheatstone natural gas project in Australia.

Nancy Yamaguchi, Contributing Editor, provides an overview of the Latin American energy markets. The full version of this article can be found in the August 2011 issue of Hydrocarbon Engineering