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Drilling & production - 12 July 2012

Sinopec increases stake in APLNG

Sinopec has increased its stake in APLNG from 15 – 25% in line with its Subscription Agreement with Origin Energy.

 

In need of direction

South Africa’s potential as one of the great producers and exporters of coal is being constantly hampered by a thorny combination of policy decisions, poor infrastructure and global economic conditions. Barry Baxter reports.

 

Shell to purchase Gasnor

Shell is to purchase Gasnor, the small scale LNG producer, for US$ 74 million. In order to make inroads on expanding LNG shipping fuel market.