
US approves second LNG export terminal
WASHINGTON - The Energy Department Friday gave a conditional nod authorizing Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to set up a second facility for export of domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The approval means that gas-hungry markets like Japan and India could start ...
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Croatia keen to exploit oil and gas fields in Adriatic Sea
ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...
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Ghana government approves Tullow development plan for TEN Project
LONDON - Tullow Oil plc (Tullow), an independent oil and gas exploration company, has received Ghana government's approval for its offshore oil installation plan for the Tweneboa-Enyenra-Ntomme Development ('the TEN Project"). The TEN Project, located in the Deepwater Tano Contract Area, 60 kilometres off the coast of Ghana and approximately 30 kilometres west of the Tullow Operated Jubilee ...
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HRT - Changes in the management team
June 7, 2013 /CNW/ - HRT Participaes em Petrleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP), announces to its shareholders and to the market that, at a Board of Directors` Meeting held on this date, its Board members were informed about both resignations ...
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Reunion Island signs distribution pact with Indian Oil
The signing of an agreement between Indian Oil Corporation and the French island of Reunion for import and distribution of refined petroleum products marks a key milestone in the efforts of the Indian Ocean island to develop ties with India. Located about half an hour's flight from Mauritius, the French territory of Reunion has been trying to develop its business and cultural relationship with ...
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Prison term of former Enron CEO Skilling cut to 14 years
HOUSTON - Former Enron CEO Jeffrey Skilling, serving a prison sentence for his role in the collapse of the once-mighty energy giant, was Friday resentenced to a 14 years term from 24 years as part of a court-ordered reduction and a separate agreement with prosecutors. Skilling has been in prison since 2006, after being sentenced to more than 24 years by U.S. District Judge Sim Lake. It was one ...
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Veerappa Moily presents PetroFed Oil and Gas Industry awards
Union Petroleum and Natural Gas Minister Dr. M. Veerappa Moily presented the annual PetroFed Oil and Gas Industry awards for 2012 for excellence in performance in various categories at a function here today. The awards for performance during fiscal 2011-12 were in 11 categories. Dr. Moily congratulated the five companies in the private and eight companies in the public sector and the ...
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