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Image - AG&P Brings Small-Scale LNG Solution to the Philippines

AG&P Brings Small-Scale LNG Solution to the Philippines

AG&P (Atlantic, Gulf and Pacific Company), the leading modular industrial solutions provider, announced the introduction of its small-scale LNG solutions to bridge the capacity demands for power in Southeast Asia. The announcement was made by Albert Altura, President, AG&P, in his keynote address at the third annual Power and Electricity World Philippines conference in Manila. The Philippines provides a unique challenge for the distribution of...

Natural Gas & LNG - May 20, 2016


Image - Teal Natural Resources Secures $125 M Initial Commitment from Pearl Energy Investments and Natural Gas Partners

Teal Natural Resources Secures $125 M Initial Commitment from Pearl Energy Investments and Natural G...

Teal Natural Resources, LLC ("Teal"), a newly formed oil and natural gas exploration company, today announced a total commitment of $125 million from private investment firms Pearl Energy Investments ("Pearl") through Pearl Energy Investments, L.P., and Natural Gas Partners ("NGP") through NGP Natural Resources XI, L.P., the most recent NGP private equity fund focused on natural resources. Each firm made an initial commitment of $62.5 million. La...

Natural Gas & LNG - May 17, 2016


Image - Chevron Reports First Quarter Loss of $725 M

Chevron Reports First Quarter Loss of $725 M

Chevron Corporation today reported a loss of $725 million ($0.39 per share - diluted) for first quarter 2016, compared with earnings of $2.6 billion ($1.37 per share - diluted) in the 2015 first quarter. Foreign currency effects decreased earnings in the 2016 quarter by $319 million, compared with an increase of $580 million a year earlier. Sales and other operating revenues in first quarter 2016 were $23 billion, compared to $32 billion in th...

Natural Gas & LNG - Apr 29, 2016




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