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

Wildcat’s Pick of the Week

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

By The Wildcat 27 March 2017
LNG

First Nation group votes in favour of Steelhead LNG

Eastern Canada’s Huuayaht First Nation has voted 70% in favour of moving forward with the C$30 billion Steelhead LNG project on Vancouver Island.

27 March 2017
Policy & Regulation

Keystone XL pipeline gets seal of approval from US State Dept

The US State Department given its approval to the Keystone XL Pipeline following eight years of delay by former President Barack Obama.

27 March 2017
Supply & Demand

Eastern Australia gas crisis a ‘shadow’ over industry – Coleman

Eastern Australia’s gas crisis will get worse before it gets better, according to the chief executive of Perth-based Woodside Petroleum, Peter Coleman.

27 March 2017
Exploration & Production

Exports from Shah Deniz climb year on year

Exports of Azerbaijani gas from the first stage of the Shah Deniz field development increased by 0.5% year on year in January and February 2017, to 1.3 bcm.

27 March 2017
Alternative Fuels

Finland’s Wärtsilä to build 15 MW PV solar plant in Burkina Faso

Finnish energy manufacturer Wärtsilä will build a 15 MW photovoltaic solar power plant in Burkina Faso that will be used to supply electricity to a gold mine.

27 March 2017
Pipelines, Storage & Power

NamPower and Eskom sign power deal

South African state-owned utility Eskom has signed a power-purchase agreement with Namibian state-owned utility NamPower.

27 March 2017
Companies & Finance

Oando to spend $1 billion on gas projects

Nigerian gas distribution company Oando plans to raise $1 billion to fund gas projects in the country.

27 March 2017
Exploration & Production

BP makes third gas discovery in Damietta

BP has made a third gas discovery at the Qattameya Shallow 1 exploration well in the North Damietta concession offshore Egypt.

27 March 2017
Policy & Regulation

Iran welcomes Russian oil and gas investment – Rouhani

Iranian President Hassan Rouhani said on Monday that he welcomed Russian investment in his country’s oil and gas fields.

27 March 2017
Policy & Regulation

Russia and Kuwait hold talks on oil and gas equipment production

Russia and Kuwait have discussed bilateral cooperation on the joint production of oil and gas equipment, the Russian Energy Ministry’s press service has said.

27 March 2017
Pipelines, Storage & Power

Statkraft signs first deal under new French renewables scheme

Statkraft has signed its first power-purchase agreement under the new French support mechanism, which replaced the feed-in tariff scheme in January 2016.

27 March 2017
Exploration & Production

Gas surpasses coal in UK power market

Gas overtook coal as the UK’s main source of electricity generation in 2016.

27 March 2017
Tecpetrol launching the development plan for Fortín de Piedra. (Tecpetrol) Exploration & Production

Tecpetrol casts a wide net in Vaca Muerta

Drilling in Argentina’s Vaca Muerta can be hit-and-miss, but local independent Tecpetrol is spreading its bets with a 150-well programme.

27 March 2017
CNOOC’s Tianjin LNG terminal received 1.04 mt in 2016, with spot volumes making up 13%. (CNOOC Tianjin LNG) LNG

Bargain-price spot LNG proves popular in China

China's LNG buyers more than doubled their imports of spot LNG last year as prices dropped, with some even choosing to incur penalties by forgoing term volumes.

27 March 2017
Exploration & Production

Argentina’s explorers chase gas, not oil

Upstream activity has waned in Argentina, according to ministry data. But the numbers tell another story – it is more gas-focused than ever before.

27 March 2017
A hydrogen-powered vehicle. The new process produces hydrogen pure enough to use directly in a hydrogen fuel cell. (Toyota) Alternative Fuels

Researchers see the light on hydrogen fuel

Scientists at the University of Cambridge have developed a new technology to produce pure hydrogen fuel from biomass using sunlight instead of heat. Interfax Natural Gas Daily finds out more.

27 March 2017
Pipelines, Storage & Power

KMTP proposes new Permian pipeline project

Kinder Morgan subsidiary KMTP has proposed a new pipeline project to transport associated gas from the Permian Basin in west Texas.

24 March 2017
Exploration & Production

Tecpetrol will plough $2.3 bln into Vaca Muerta by 2019

Tecpetrol, a subsidiary of Argentine industrial giant Techint Group, has announced it plans to invest $2.3 billion in the country’s Vaca Muerta shale formation between now and 2019.

24 March 2017
Global Markets

US SEC nominee Clayton faces Senate hearing

Jay Clayton, United States President Donald Trump’s nominee to lead the Securities and Exchange Commission, faced a confirmation hearing in the US Senate on Thursday.

24 March 2017
Companies & Finance

Enbridge lays off 1,000 workers

Calgary-based oil and gas pipeline company Enbridge, which bought Houston-based Spectra Energy for $28 billion last year, is cutting 1,000 staff less than a month after finalising the takeover.

24 March 2017

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