gas

GE’s Power Services business announced today that its largest ever flange-to-flange (F2F) replacement project in Japan was successfully completed and is expected to save approximately $71 million in annual fuel costs.

API President and CEO Jack Gerard delivered the following speech at today’s 2018 State of American Energy event. Below are Gerard’s remarks as prepared for delivery.

The Haynesville shale's dominance as a natural gas supply source could rise in 2018 amid unobstructed pipeline access to the northeast and close proximity to the US Gulf coast, a key industrial demand region

. The company’s investment in this project currently stands at more than RUB3 billion.

The Asia-Pacific butane market underwent a sharp and largely unexpected reversal in 2017, as strong demand from major regional economies underpinned prices early in the year, only for signs of slowing consumption to erode gains in the fourth quarter.

Messoyakhaneftegaz completes construction of a highly complex production well at its Vostochno-Messoyakhskoye field. 

Moscow hosted a rating results presentation ceremony within the Common Sense project.

A working meeting of the group for scientific and technical cooperation between Gazprom and South Korea’s KOGAS took place from December 13 to 15 at the Gazprom Transgaz Ukhta premises.

Policy challenges contributed to a significant slowdown in Asia-Pacific bitumen markets in 2017 despite strengthening regional economies, with little sign of an immediate pick-up in the early part of 2018

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Alexander Drozdenko, Governor of the Leningrad Region, took place in St. Petersburg today.

SOCAR Energy Holdings (SOCAR's Swiss subsidiary) is announcing its entry into the Austrian retail fuel market by taking over petrol station operator A1, as well as mineral oil trading company Pronto Oil.

The Gazprom Management Committee took note of the information regarding the progress of the Nord Stream 2 project.

Statoil today submits the PDO (plan for development and operation) for the Johan Castberg project on behalf of the partnership with Eni and Petoro. Several major contracts will also be awarded to Norwegian industry.