Business news

TransCanada Corp. has been selected by Shell and its partners to design, build, own and operate the proposed Coastal GasLink project.

A report by APPEA has concluded that even thought here is still uncertainty in the industry, the potential rewards to Australia if the gas industry continues to grow are enormous.

A new IEA energy report has predicted that natural gas use will see huge growth over the coming years buoyed up by demand in China and Asia, even though European demand is likely to decrease.

ABB was awarded a contract to supply automation and safety systems, electrical equipment and related services for a new gas compression station that will serve the natural gas pipeline that runs across northern Turkey.

An independent supplier of emergency pipeline repair systems has been contracted to provide a thorough assessment of the BBL natural gas pipeline.

Russia’s giant Shtokman field is to switch its production to LNG and begin focusing on Asian markets instead of Europe.

Preliminary estimates from the IEA for 2011 show that in the USA, emissions dropped in 2011, largely due to the shift from coal power to natural gas.

Natural gas production in Pennsylvania has quadrupled between 2009 and 2011 due to increased horizontal drilling and hydraulic fracturing.

Ng Weng Hoong, LNG Industry Correspondent, discusses the disparity between the Henry Hub price and the Asian LNG price.

San Leon Energy has been awarded the Praszka exploration concession in the Southern Permian/SW Carboniferous Basin by the Polish Ministry of Environment.

Gas pipelines constructed out of polyethylene face integral challenges such as slow crack growth. Recent technological innovations in test methods will help to meet stringent requirements for pressure pipe.

The third annual report by the China GreenTech Initiative notes that Shale Gas and Coalbed Methane could meet China’s booming domestic energy demand.

Canadian company Enbridge has outlined plans for a C$ 3.2 billion pipeline expansion programme designed to increase the flow of oil from Canada and North Dakota to the US.

ABB has won an order worth US$ 18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil.

The return of Vladimir Putin to the Kremlin has been heralded as something of a retrograde step in the development and liberalisation of Russia’s economy.