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Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

Consol Energy creates MLP for thermal coal assets, announces share buy-back

By: Henry Lazenby     11th December 2014 The NYSE-listed stock of US coal and gas producer Consol Energy rose 3% in after-market trading on Wednesday, following the company’s announcement that it had formed a master limited partnership (MLP) for its thermal coal business. The Pittsburgh-based company said the MLP's purpose would be to... 

Consol to create MLP for thermal coal assets

By: Henry Lazenby     28th October 2014 US-based coal and natural gas producer Consol Energy on Tuesday announced plans to create a master limited partnership (MLP) for its thermal coal assets by year-end. The Pittsburgh-based company said in a telephone call with analysts that it hoped to announce an MLP by the end of the year, saying... 

Woodside signs another farm-in offshore Africa

By: Esmarie Iannucci     14th October 2014 Australian oil and gas major Woodside has finalised a farm-in agreement with majors Noble Energy and Glencore over the Tilapia production sharing contract (PSC), off the coast of Cameroon. Under the agreement, Woodside would acquire a 30% non-operating interest in the 3 875 km2 block, which is... 

Woodside expands African footprint with Gabon contract

By: Esmarie Iannucci     11th August 2014 Australian oil and gas producer Woodside has acquired a 40% interest in an exploration sharing contract with Noble Energy, in the Gabon coastal basin. The company said on Monday that the block is located some 140 km off the south-western coast of Gabon and covered 2 700 km2, in water depths... 

Consol Energy to form midstream partnership for oil and gas segment

By: Henry Lazenby     13th June 2014 US fossil fuels producer Consol Energy on Thursday announced that it and Noble Energy – its joint venture partner in the Marcellus play of Pennsylvania and West Virginia – planned to form a master limited partnership (MLP) for midstream gathering services for production from their acreage. The... 

Woodside seals MoU for 25% stake in Israeli gas project

By: Esmarie Iannucci     7th February 2014 Australian petroleum miner Woodside has signed a memorandum of understanding (MoU) with the joint venture (JV) participants of the Leviathan project to negotiate a 25% shareholding in the project. The MoU was converted from a previous in-principal agreement for the potential acquisition of a... 

Consol Energy reports better-than-expected Q3 production

By: Henry Lazenby     15th October 2013 US coal and gas producer Consol Energy on Tuesday said it had produced and sold more gas and coal during the third quarter ended September 30, than expected. Consol's gas division produced 46.1-billion cubic feet equivalent (Bcfe) during the third quarter, 17% more than the 39.5 Bcfe produced in... 

Woodside takes up stake in Leviathan project

By: Esmarie Iannucci     3rd December 2012 Australian oil and gas major Woodside was looking to obtain a significant interest in the Leviathan liquefied natural gas (LNG) project, offshore Israel. The ASX-listed company told shareholders on Monday that it had entered into an in-principle agreement with the Leviathan joint venture (JV)... 

Consol Energy coal stockpile increases on soft demand

By: Henry Lazenby     13th July 2012 US-based diversified energy supplier Consol Energy on Friday said its coal inventory increased during the June quarter by about 200 000 t to 2.4-million tons, as production outpaced sales. The company’s thermal coal inventory increased by 100 000 t and its low-volatile Buchanan coal also... 

Consol produces 15.7Mt of coal, meets Q1 guidance

By: Henry Lazenby     17th April 2012 US coal and gas producer Consol Energy said on Monday it had produced 15.7-million tons of metallurgical coal in the first quarter, despite idling longwall mining operations at its Blacksville and Buchanan mines during the period. The production was in line with its guidance of between... 

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