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Companies & Finance

A Wheatstone LNG cargo heading to Japan

Port Kembla JV scales up LNG import plans

To head off possible gas supply shortages, the NSW government has endorsed the two LNG import concepts planned north and south of Sydney.

2 days ago Asia Pacific
Development at Fuling shale gas field

Huadian’s exit puts NOCs in shale gas driving seat

State-owned power utility China Huadian’s exit from shale gas licences it won in late 2012 could prompt other companies to reconsider entering China’s shale gas sector and the wider upstream segment.

2 days ago Asia Pacific
PNG's former PM Peter O'Neill

Papua LNG timing in limbo as delay concerns mount

The JV partners are keen to get moving to avoid falling behind competitors, but the government has seen an opportunity to improve terms and may be willing to risk a slippage.

4 days ago Asia Pacific
Drilling at Genel Energy's Miran project in Iraq

Kurds face slow going as export plans struggle for lift-off

The Kurdistan Region of Iraq’s gas plans have been scaled back, with lower volumes and more relaxed timelines expected.

16 August 2019 Middle East & Africa
A PetroChina rig in the Tulia oilfield

China embraces reform to bolster energy security

China’s leadership is turning to sweeping reforms to spark a boom in domestic energy output as heightened tensions with the US force Beijing to consider its energy security.

8 August 2019 Asia Pacific
The headquarters of the European Investment Bank

EIB U-turn risks gas infrastructure investment

The EIB is taking steps to become a ‘climate bank’ – at the expense of gas projects. It intends to phase out loans to all fossil fuel developments from 2021.

8 August 2019 Europe & Russia
An oil and gas worker.

Skills gap challenges oil and gas majors

Companies are finding it difficult to recruit high-powered graduates with the right skills to meet the challenges of the energy transition.

7 August 2019 World
The Drax power station in the UK

Capacity payments may do little to prevent UK coal exit

RWE is shutting the last of its coal-fired power plants in the UK, with closures at other plants looking likely ahead of the country’s 2025 deadline for phasing out coal.

2 August 2019 Europe & Russia
An LNG cargo arriving at Grain LNG

UK’s Port Meridian FSRU back on despite doubts

InfraStrata has reached an agreement with Meridian Holdings to build the Port Meridian FSRU project in northwest England, but doubts remain.

1 August 2019 Europe & Russia
The port of Tema in Ghana

Benin turns to LNG to supply its power sector

Benin has signed a long-term LNG import deal with Total, guaranteeing its security of supply and further undermining the West African Gas Pipeline.

1 August 2019 Middle East & Africa
A tanker in Alaskan waters

Chinese agreement expiration to put Alaska LNG on ice

Alaska LNG’s developer will allow an agreement with Chinese backers to expire – a sign that the massive project has lost momentum amid the escalating US-China trade war.

26 July 2019 Americas
An LNG cargo loading at PNG LNG in Papua New Guinea

Osaka Gas bucks trend with PNG arbitration

Osaka Gas's turn to price review arbitration over its contract with PNG LNG is thought to mark the first time a Japanese buyer has made such a move.

25 July 2019 Asia Pacific
CBM assets in Queensland

Aussie NT prepares for shale gas investment

With a new regulatory regime largely finalised, the NT government is looking to reap the rewards from investment in onshore shale gas exploration

25 July 2019 Asia Pacific
A rig in Iran's South Pars project

Tehran keeps gas flowing under the US’s watch

Iranian gas exports to Iraq are being allowed to continue as the US gets tough on its oil exports.

25 July 2019 Middle East & Africa
A Yanchang Petroleum gas fracking operation

China’s Yanchang Petroleum targets midstream

Yanchang Petroleum’s proposed takeover of provincial distributor Shaanxi Gas would give it the necessary pipeline scale to ramp up gas production.

18 July 2019 Asia Pacific
The 288 MW Azito facility near Abidjan in Ivory Coast

Will US LNG prosper under Prosper Africa?

US LNG could make its way to Africa if companies can help move sub-Saharan Africa beyond its LNG import impasse.

11 July 2019 Middle East & Africa
Australian Prime Minister Scott Morrison.

Queensland LNG rocked by possible export restrictions

Designed to cap rising energy prices, the surprise legislative proposal could limit exports and stymie future investment in eastern Australia’s gas market.

5 July 2019 Asia Pacific
A tanker at the Yamal LNG plant

Novatek gearing up for liberalisation of China’s gas market

With plans to establish a foothold in China already in motion, Russia’s largest private gas producer wants to broaden its Chinese customer base from the NOCs to smaller players.

4 July 2019 Asia Pacific
An Anadarko drillship off Mozambique

FID on Mozambique LNG is just the beginning

Mozambique’s first onshore LNG project has survived an insurgency, two cyclones, a debt crisis, and a bidding war to reach an FID

20 June 2019 Middle East & Africa
Mexican Energy Minister Rocio Nahle

Mexico’s new power plan to burden CFE with debt

The government’s proposed system for financing the expansion of generation infrastructure will not guarantee the most cost-efficient outcome.

20 June 2019 Americas

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