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

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.

By The Wildcat 23 June 2017
Policy & Regulation

Two US government bodies to delay methane emission rules

Two government agencies in the United States are planning to delay methane regulations created by the administration of former President Barack Obama.

23 June 2017
Exploration & Production

Rise in US earthquakes coincides with increased drilling

The number of earthquakes east of the Rocky Mountains has increased substantially since 2009, according to the United States Geological Survey.

23 June 2017
Pipelines, Storage & Power

Sichuan-Shanghai pipeline ships 6.5 bcm so far this year

Sinopec’s Sichuan-Shanghai Pipeline had supplied 6.5 billion cubic metres of gas this year as of 21 June, the company said.

23 June 2017
Policy & Regulation

China caps gas transmission investment yields at 7%

China has set a cap on investment yields for downstream gas transmission at 7% – higher than the expected 6% but lower than the current average of 10%.

23 June 2017
LNG

Eni will start shipping LNG to Pakistan in December

Italy’s Eni will start delivering LNG to Pakistan in December under a long-term contract.

23 June 2017
Exploration & Production

Thailand will name Erawan and Bongkot bid winners in February

Thailand will announce the winners of a bid to take over the Erawan and Bongkot offshore gas fields in February 2018.

23 June 2017
Supply & Demand

India’s gas demand could rise sixfold by 2030 – Shell

Nitin Prasad, chairman of Shell India, is optimistic about the growth of Indian gas demand, which he expects could rise sixfold by 2030.

23 June 2017
LNG

Ghana signs MOU for LNG from Equatorial Guinea

Ghana has signed a memorandum of understanding to take supplies of LNG from Equatorial Guinea.

23 June 2017
Exploration & Production

Israel extends offshore licensing bid deadline to November

Israel has again extended the deadline for offers in its first offshore licensing round.

23 June 2017
EU Energy Policy

EC will wait before giving verdict on US Russia sanctions – Šefčovič

The European Commission will not give its opinion on stricter US sanctions against Russia before the House of Representatives and the president have offered their verdicts.

23 June 2017
Companies & Finance

Delek establishes company for Tamar field spin-off

Israel’s Delek Drilling has established a company that will hold a 9.25% stake in the Tamar gas field and be listed on the Tel Aviv Stock Exchange.

23 June 2017
Global Markets

Rosneft retail pilot project may start next year – company source

Rosneft’s pilot project to spin off its retail business into a separate holding structure may be completed as early as 2018, a source at the company has told Interfax.

23 June 2017
Alternative Fuels

UK watchdog slams Hinkley Point nuclear deal

A report by UK spending watchdog the National Audit Office (NAO) has labelled the government’s deal for the Hinkley Point C nuclear power plant as "high cost and risky".

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.

23 June 2017
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.

23 June 2017
Anadarko operations off the Mozambican coast. The company plans to base an onshore site at Afungi. (Anadarko) LNG

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.

23 June 2017
Exploration & Production

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.

23 June 2017
LNG

Golar and Delfin sign deal to develop US floating LNG project

Floating LNG developer Golar LNG and Delfin Midstream have signed a joint development agreement for the Delfin LNG project offshore Louisiana.

22 June 2017
Exploration & Production

Alaskan offshore lease sale attracts $3 mln in high bids

The United States Bureau of Ocean Management has announced that the Cook Inlet Lease Sale 244 attracted around $3 million in high bids for 14 concessions off the coast of south-central Alaska.

22 June 2017
Companies & Finance

China Gas Holdings reveals plan to boost urban sales by 30%

China Gas Holdings aims to increase urban gas project sales by more than 30% on an annual basis in the current financial year and by more than 25% in the next two financial years.

22 June 2017

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