Exploration & Production

Beijing at night

Beijing pays the price for limited supply options

Beijing’s local gas distributor currently has to hike non-residential retail tariffs considerably for winter to keep seasonal gas demand in check, but new supply sources starting up in coming years will allow it to offer more affordable gas.

9 May 2019 Asia Pacific
A drillship at work on the Leviathan field.

Leviathan accentuates Israel's need for gas exports

Israel wants to pin down a viable option for gas exports as commercial production from its Leviathan project becomes imminent.

3 May 2019 Middle East & Africa
A Sinopec Jianghan Drilling shale well

China’s gas output keeps rising but 2020 target still in doubt

The country’s production levels have been increasing steadily in recent months, but output is still short of what will be needed to meet the target of 200 bcm in 2020.

2 May 2019 Asia Pacific
The Malampaya project in the Philippines.

Shell's legal win a boost for Malampaya

Shell's victory in its tax dispute could see it extend the production life of the Philippines' biggest gas field, which could be bad news for LNG projects planned for the country.

2 May 2019 Asia Pacific
A rig in Australia's Galilee Basin

Labor to boost development of remote basins

Australia’s opposition Labor Party plans to allocate funding to spur unconventional gas development in the Northern Territory and Queensland.

25 April 2019 Asia Pacific
Bahia Blanca LNG terminal

Argentina’s LNG export dreams under pressure

The Latin American country is facing up to the cold, hard light of reality regarding its ambition to become an LNG exporter.

17 April 2019 Americas
The Goodwyn Platform in the North West Shelf.

Santos unveils major NWS gas find with potential for LNG exports

The liquids-rich find at Corvus 2 lies close to the shallow-water Dorado field – the third largest oil discovery in Western Australia's history.

17 April 2019 Asia Pacific

Asian spot LNG prices end 15-week fall

Prices rose by an average of 9% last week compared with the previous week, ending a run of weekly falls that saw prices hit their lowest level for the time of year since 2016.

16 April 2019 Asia Pacific
China's Fuling shale gas field.

BP’s China shale exit underscores urgent need for upstream reform

Policy moves suggest the Chinese government wants to diversify the closed-off upstream sector to drive shale gas development in the long term.

15 April 2019 Asia Pacific
Aguada Federal block in Argentina's Neuquén Province

Argentina’s perilous path to gas riches

Argentina’s efforts to become self-sufficient in gas and boost its exports of LNG and pipeline gas will be thoroughly tested as the country’s economy deteriorates.

12 April 2019 Americas
Infrastructure operated by Shanxi Gas Group

Shanxi backs flagship gas company to boost CBM

A major injection of capital and assets could allow the flagship gas company of northern China's Shanxi province to start make significant progress on local CBM development.

11 April 2019 Asia Pacific
The Saipem 12000 drillship in a shipyard

New discovery could disrupt Pakistan’s LNG plans

The discovery of a large oil and gas field offshore Pakistan could reduce the country’s LNG demand over the medium-to-long term.

4 April 2019 Asia Pacific
Alexei Miller with Kyrgyz Prime Minister Mukhammedkalyi Abylgaziev

Gazprom moves to reassert itself in the Caspian region

Gazprom and the Kremlin are holding meetings with Caspian countries to bolster Russia’s political influence and discourage further attempts to expand the Southern Gas Corridor.

28 March 2019 Europe & Russia

Black Sea E&P proceeds as IOCs look south

IOCs are continuing to explore for gas in the Black Sea, but they are turning their eyes to the Southern Gas Corridor as a route to export future output to Europe.

28 March 2019 Europe & Russia
Offices of Ecopetrol in Colombia.

Colombia aims to revive upstream sector

The government has introduced changes to the conditions applied to offshore blocks in an attempt to encourage greater upstream activity.

28 March 2019 Americas
The Andrew platform in the North Sea.

Cost-cutting needed to support UKCS growth

New exploration is needed to fully exploit the potential of the UK Continental Shelf. But with a tax rate of as low as 10%, it is up to the private sector to find the means.

22 March 2019 Europe & Russia
A CBM project in China

China cuts red tape to spur CBM development

New streamlined procedures will make it easier for Chinese players to bring in foreign partners on domestic CBM projects.

21 March 2019 Asia Pacific
In Salah dry gas field

Algerian worker strikes threaten gas exports

Industrial action at oil and gas facilities caused by the country’s political turmoil have the potential to affect gas exports.

21 March 2019 Middle East & Africa
Naftogaz facilities in Ukraine.

Ukraine struggles to attract upstream players

Kiev aims to be independent from gas imports by 2020, but the lack of interest in its latest licensing round shows the target may be too ambitious

11 March 2019 Europe & Russia

India awards areas in second small fields licensing round

India’s second Discovered Small Fields round has attracted new entrants into the country’s upstream sector.

11 March 2019 Asia Pacific

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