Gazprom to make RUB 933.4 billion capital investments in 2020

LONDON: Gazprom, the Russia based global energy company, has announced that overall amount of investments will be RUB 1.104 trillion for 2020, including RUB 933.403 billion for capital investments, RUB 89.972 billion allocated for the acquisition of non-current assets, and RUB 81.349 billion assigned for long-term financial investments. The Gazprom… Continue reading

Cooper Energy announces completion of Minerva Gas Plant acquisition

ADELAIDE: Cooper Energy announced completion of the transaction for acquisition of the Minerva Gas Plant by the participants in the Casino Henry joint venture (Cooper Energy 50% and Operator, Mitsui E&P Australia and Peedamullah Petroleum, collective interest 50%). The plant has been acquired from the Minerva Joint Venture participants (BHP… Continue reading

Zenith to acquire Coro’s entire natural gas portfolio in Italy

LONDON: Zenith Energy Ltd. has signed a share purchase agreement with Coro Energy Plc for the acquisition of Coro’s entire natural gas production and exploration portfolio in Italy. Zenith and Coro entered into a conditional share purchase agreement in respect of the purchase of the entire issued capital of Coro… Continue reading

Hexagon Mobile Pipeline gets $4.2 million TITAN modules order from NG Advantage

OSLO: NG Advantage, a provider of virtual pipeline services in the U.S., has awarded a $4.2 million order for TITAN gas transport modules to Hexagon Mobile Pipeline, a business of Hexagon Composites. Hexagon’s Mobile Pipeline modules will support NG Advantage’s continued expansion in the northeastern U.S. and help facilitate the… Continue reading

Touchstone announces Coho-1 gas test of 17.5 mmcfd

CALGARY, ALBERTA: Touchstone Exploration Inc. has provided production test results for the Coho-1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. As previously reported, the Coho-1 exploration well (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest) was spudded on August… Continue reading

SSGC crackdowns on hefty defaulting government owned entities

KARACHI: Sui southern Gas Company (SSGC) has launched crackdown on hefty defaulting government owned entities. In Karachi, the Company disconnected gas supplies of Abbasi Shaheed Hospital, Sindh Government Hospital North Nazimabad, Trauma Centre of Ruth Pfau Civil Hospital and other defaulting entities. SSGC’s Spokesperson informed that   Abbasi Shaheed Hospital was… Continue reading

Pakistan’s overall electricity generation up 9.0 percent in September 2019

KARACHI: Pakistan’s overall electricity generation during September 2019 surged 9.0 percent to 13,621Gwh compared with 12,552Gwh generated during the same month last year, latest data released by National Electric Power Regulatory Authority (NEPRA) suggests. Within power generation mix, coal and hydel exhibited notable increase of 94 percent and 18 percent… Continue reading