State power utility Saudi Electricity Co. is currently the only offtaker of power in Saudi Arabia. (Saudi Electricity Co.) Policy & Regulation

Saudi Arabia presses on with power privatisation

Saudi Arabia’s power sector reforms will shift the state power utility into the role of system operator, but the constant changes are taking their toll.

By Verity Ratcliffe 26 April 2017
Exploration & Production

Fluor receives FEED for Trinidad’s Cassia Compression Project

London-based Fluor has received the FEED contract for the Cassia Compression project off the east coast of Trinidad from BP Trinidad & Tobago for an undisclosed sum.

26 April 2017
Global Markets

Ohio and Pennsylvania hit record gas output despite US decline

Ohio and Pennsylvania produced record volumes of gas in 2016, the Energy Information Administration reported on Tuesday.

26 April 2017
Policy & Regulation

Canada’s climate commitments may be unrealistic

Canadian Prime Minister Justin Trudeau’s commitment to Paris climate change targets may be unrealistic, according to federal government statistics.

26 April 2017
LNG

GE to supply NextDecade’s Rio Grande LNG project

GE Oil & Gas will supply gas turbine and compressor equipment for NextDecade’s 27 mtpa Rio Grande LNG project and associated Rio Bravo Pipeline.

26 April 2017
LNG

US DOE grants non-FTA approval to Golden Pass LNG

The United States DOE has granted approval to the Golden Pass LNG project in Texas to export LNG to countries that do not have an FTA with the US.

26 April 2017
Companies & Finance

US solar workers outnumbered coal in 2016

The solar industry employed more Americans in 2016 than the coal industry.

26 April 2017
LNG

CNOOC’s Jieyang LNG terminal receives commissioning cargo

CNOOC’s newest LNG terminal – in Jieyang of Guangdong province – received a 90,000-ton commissioning cargo from Qatar on Tuesday, marking the start of trial operations.

26 April 2017
Pipelines, Storage & Power

Myanmar plans 20 hydro projects

Myanmar’s Ministry of Electricity and Energy plans to build 20 new hydropower projects with a combined capacity of more than 6.2 GW.

26 April 2017
Alternative Fuels

Indonesia’s PLN reconsidering nuclear power

Indonesia’s state electricity company, PLN, has revisited the idea of using nuclear power to meet its long-term electricity needs in a new business plan.

26 April 2017
Exploration & Production

Kuwait Energy begins drilling at Abu Sennan

Kuwait Energy has started drilling in Egypt’s Abu Sennan concession.

26 April 2017
Exploration & Production

Gas production at Absheron to start in late 2019 or early 2020

Gas production at the Absheron field in Azerbaijan’s sector of the Caspian Sea is scheduled to begin in late 2019 or early 2020.

26 April 2017
Exploration & Production

Delek to sell Tamar stake

Delek Group intends to sell a 10% stake in the Tamar field offshore Israel.

26 April 2017
Policy & Regulation

IETA urges UK to stay in the ETS

The International Emissions Trading Association has sent a letter to UK authorities calling for the UK to continue its participation in the EU’s Emissions Trading System after Brexit.

26 April 2017
Exploration & Production

Norway doubles resource estimate for Barents Sea

Undiscovered oil and gas resources in the Barents Sea are twice as large as previously estimated.

26 April 2017
An LNG bunkering station in Chongqing. Players in the sector are scaling back their ambitions. (China Gas Holdings) Gas for Transport

Major players pull back from China LNG bunkering

Early entrants to China’s LNG bunkering market are retreating from the sector, stung by a lack of appetite for LNG as a marine fuel.

26 April 2017
Brightsource Energy’s 34 MW thermal solar-to-steam power plant at Chevron’s Coalinga oilfield. (PA) Alternative Fuels

Solar on track to compete with fossil fuels

Solar power is now cost-competitive with fossil fuels in the US, but the market’s growth will depend on a number of factors.

26 April 2017
Global Markets

Spanish gas demand grows by 8.4% in Q1

Gas consumption by homes, businesses and SMEs rose by 600 GWh, mainly because of colder weather.

26 April 2017
LNG

Supply glut weighs on Chinese LNG prices

Chinese wholesale LNG prices fell by 2.21% last week as soft industrial demand caused an excess in supply.

26 April 2017
Pipelines, Storage & Power

Gazprom awards Power of Siberia contracts to Inter Management

Gazprom has awarded construction contracts worth RUB 7.85 billion for the Power of Siberia gas pipeline to Inter Management, a company set up less than a year ago.

25 April 2017
Policy & Regulation

Ukraine to monitor greenhouse gas emissions

Ukraine is working on a system to monitor, report and verify greenhouse gas emissions, Ecology Minister Ostap Semerak said at a conference on Monday

25 April 2017

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