Anadarko operations off the Mozambican coast. The company plans to base an onshore site at Afungi. (Anadarko) Global Markets

Marine agreements bring Moz LNG FID closer

After months of locking heads with Eni and Anadarko, Mozambique has finally approved the Rovuma Basin marine concession agreements.

By Leigh Elston 23 June 2017
A Dana gas facility in Iraqi Kurdistan. The company has said its sukuk bonds are not sharia compliant. (Dana) Companies & Finance

Dana Gas Islamic bond saga could affect industry

Dana has said its sukuk bonds are not compliant with sharia law – a move that could have wide-ranging implications for Islamic finance.

An LNG cargo arrives in Brazil. LNG could still play a key role in the country despite production growth. (Petrobras) LNG

Renewables throw LNG a lifeline in Latin America

Do not write off Latin America’s LNG sector just yet. Renewables will need a hefty back-up, conference speakers in Houston argued this week.

Grain LNG terminal. The UK’s carbon floor price has helped gas gain market share from coal. (Flickr/National Grid) LNG

ETS price too low for LNG to crowd out coal in power

LNG import prices in Europe have dropped sharply but will still rely on a boost in carbon prices to compete with coal in power generation.

Infographics

Latin American gas drilling returns to recent lows

There were 17 rigs drilling for gas in Latin America in May 2017, the same number as in March – which was the lowest level since records began.

Global gas trade expands by 4% in 2016 – BP

The volume of gas traded globally rose faster than production last year, with pipeline imports growing more than LNG.

Gas-fired power demand boosts Chinese LNG sales

Several of China's LNG terminals ramped up sales last week to meet increased gas-fired power demand.

Nuclear fuel tax verdict is boost for German utilities

A court ruling voiding a nuclear fuel tax imposed on German utilities will strengthen the balance sheets of companies that have been hit by lower power prices.

BTL Group has completed a successful trial with BP and other companies. (BP plc)

Scale-up planned for blockchain gas trading

BTL Group is working to scale up a blockchain project that will simplify gas trading and make it safer, according to the company’s chief innovation officer.

Lynn and Inner Dowsing wind farm. Renewables and storage are becoming competitive with gas. (Centrica)

Time is running out for low-carbon switch

A lack of clarity in how oil and gas companies plan to adapt to a low-carbon economy is presenting a major risk for investors.

A seismic survey ship at work. Zohr has changed conceptions about the Mediterranean Sea. (Woodside)

Zohr is just the beginning – Spectrum Geo

Zohr has changed ideas about the geology of the Mediterranean Sea, revealing a shallow-water environment that offers hopes of new gas discoveries, Spectrum Geo’s Karyna Rodriguez says.

Gilberto Dialuce (centre) from Italy’s Ministry of Economic Development. (Ministry of Economic Development)

Italy aiming to be Med hub for LNG bunkering

Italy is planning a network of LNG coastal storage sites to tap maritime traffic transiting the Mediterranean, the economy ministry’s Gilberto Dialuce tells Interfax Natural Gas Daily.

Marco Alverà (left), chief executive of Snam, is now president of GasNaturally. (Snam)

Snam increases its influence in Europe

The recent appointment of Marco Alverà as president of GasNaturally is a further step towards consolidating the role of Snam as a giant in the EU gas network.

A crossing station on the US-Mexican border. Drilling gets much more complicated south of the Rio Grande. (PA)

Mexico’s shale pioneers will need blind faith

Nobody doubts Mexico’s staggering shale potential. But it still looks risky to drill south of the Rio Grande.

Wildcat gives you a head-start on the coming week.

Wildcat’s Pick of the Week

Wildcat gives you a head-start on the week and a round-up of what mattered last week.

The Council of the EU will vote on whether to allow negotiations. (Council of the EU)

EU-Russia energy deal hinges on political will

A separate EU-Russia agreement for energy infrastructure could bring benefits, but it would need political support from both sides to come to fruition.