Posts Tagged ‘mitsubishi’

Tangguh LNG train shut down

by on November 12, 2012 3:46 am BST
"During the restart process for Train 1 on Tuesday, November 6, an overheating problem was found that caused a fire in the Train 2 refrigerant unit, forcing Train 2 to be shut down," Reuters quoted a statement from BPMigas as saying on Sunday.It said the fire had been put out immediately and

For Japan’s carmakers, Europe market is worth the struggle

by on September 27, 2012 1:09 pm BST
Thu Sep 27, 2012 9:09am EDT * Japan firms fail to make significant inroads in Europe * South Korea's Hyundai, Kia boost sales, market shareBy Yoko KubotaPARIS, Sept 27 (Reuters) - Japanese automakers, battered by a strong yen, are hunkering down in a stormy Europe, taking tentative steps to stand up to their aggressive

Brent recovers some ground to near $109

by on September 20, 2012 3:24 pm BST
A slew of bearish news - from weak China data to Saudi output pledges - has wiped more than $9 off Brent since last Friday."We do regard the scale and above all the speed of the price slide as excessive," said a Commerzbank research note. "We expect to see a counter-movement

Woodside waives rights to acquire Chevron’s Browse interest

by on August 21, 2012 4:19 am BST
Shell owns a majority 24.27% shareholding in Woodside, which is the operator of the Browse project.Shell announced yesterday it had agreed with Chevron to exchange its 33.3% interest in the Clio and Acme gas discoveries for Chevron's 16.7% interest in the East Browse permits and 20% stake in the