Licence blocks offshore Cyprus.
Pipelines, Storage & Power

Egypt homes in on Cyprus’s Aphrodite gas find

Egypt has made a second high-level state visit to Cyprus as part of plans to make sure it is still first in line to receive Aphrodite gas.

By Rachel Williamson
Statoil Chief Executive Eldar Sætre is head one of the European majors that announced lower earnings in Q1. (PA)
Companies & Finance

Oil price decline grips majors in Q1

Europe’s major oil and gas companies announced their Q1 results this week, revealing the impact on their earnings of the drop in the price of oil.

Licence blocks offshore Mauritania.
Exploration & Production

Kosmos find revives drilling hope in Mauritania

Kosmos Energy’s discovery of what could be a play-opening gas find offshore Mauritania is welcome news in a country that has disappointed drillers over the past decade.

Petronet's LNG imports

Better days ahead for Petronet LNG

India’s largest LNG importer has endured a difficult start to 2015, but the worst may be behind it.

Natural Gas Analysis & Forecasts

Petrobras's Urucu oil and gas plant, Brazil. (PA) Features

Petrobras’s woes will dent Brazil’s gas output

The state oil and gas company’s financial pain will restrict gas production growth in Brazil. But a slew of financial, technical and economic issues are also potential hurdles for gas output.

The low oil price is delaying the development of gas as a transport fuel in Europe, but the situation will not last. (Gazprom) Features

Gas in transport – still driving forward

The low oil price is delaying the development of gas as a transport fuel in Europe, but the situation will not last.

Shell Chief Executive Ben van Beurden (left) and BG’s Andrew Gould confirmed the deal on 8 April. (PA) Comment

Shell’s mega-merger with BG Group will trigger more industry consolidation

The biggest merger in the oil and gas sector in more than a decade has the potential to transform the industry.

European Markets

Henry Hub futures set to drop below $2.50/MMBtu

The Henry Hub front-month futures price is set to move decisively below $2.50/MMBtu for the first time since June 2012.

North American Markets

European gas stocks on the rise

European storage facilities are around 27% full, with nearly 1 billion cubic metres of net injections being made across the region over the past week.


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