(EnergyAsia, March 1 2013, Friday) — Angolan state oil and gas firm Sonangol and a company partly owned by Swiss commodities trader Trafigura said they are planning to jointly establish a new company to trade liquefied natural gas (LNG). Sonangol’s trading arm, Sonanci, and DT Group, a joint venture trading firm between Trafigura Pte Ltd (more…)
(EnergyAsia, March 1 2013, Friday) — Foster Wheeler AG said a subsidiary of its Global Power Group has been awarded a contract to design and supply a circulating fluidised-bed (CFB) steam generator for a coal-fired power plant in the Philippines due to start up in 2015. The contract was awarded by South Korean engineering firm (more…)
(EnergyAsia, March 1 2013, Friday) — Rotary Engineering Limited, a Singapore-based provider of engineering, procurement, construction and maintenance (EPCM) services for the oil, gas and petrochemicals industry, has proposed paying shareholders a final dividend of 0.5 Singapore cent per share despite the company reporting a full-year 2012 net loss and a 16.3% drop in revenue (more…)
(EnergyAsia, March 1 2013, Friday) — Two leading Japanese upstream companies looking to expand in Canada have joined other foreign investors in expressing their concerns over hurdles they face to build projects to export oil and gas to Asia. At last month’s inaugural international LNG conference in Vancouver, state-backed INPEX and Mitsubishi Corp’s Diamond Gas...