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.

16 January 2017
The Offshore LNG Toscana terminal will be equipped with arms to refuel LNG barges. (OLT) LNG

Small-scale LNG to rescue Italian terminals

The Italian government is supporting the development of small-scale LNG facilities across the country to boost its underused terminals.

16 January 2017
Exploration & Production

New US upstream projects will double this year – Woodmac

The amount of new upstream oil and gas projects in the United States are forecast to double in 2017, Wood Mackenzie has reported.

16 January 2017
Global Markets

Henry Hub gas price hit lowest level since 1999 last year

Henry Hub gas prices averaged $2.49/MMBtu in 2016, their lowest annual average since 1999, the United States Energy Information Agency has said.

16 January 2017
Alternative Fuels

New York aiming to develop 2.4 GW of offshore wind power

The state of New York plans to develop up to 2.4 GW of offshore wind capacity by 2030, which could provide power for up to 1.25 million homes. s

16 January 2017
Exploration & Production

Anadarko sells Eagle Ford shale assets to Sanchez and Blackstone

Houston-based Anadarko Petroleum has agreed to sell its South Texas Eagle Ford shale assets to Sanchez Energy Corp and Blackstone Group for $2.3 billion.

16 January 2017
LNG

BW Group names newest FSRU

BW Group named its second FSRU vessel the BW Integrity at Samsung Heavy Industries’ shipyard in South Korea in a ceremony last Thursday.

16 January 2017
LNG

Bangladeshi team heads to Qatar to hammer out LNG deal

Bangladesh will send a negotiating team to Qatar this month to finalise a deal to import LNG.

16 January 2017
LNG

HPC in talks to secure cargoes for Chhara terminal

India’s Hindustan Petroleum Corp. is in talks with six companies to import LNG at the terminal it is building in Chhara Port in Gujarat.

16 January 2017
Companies & Finance

RGPPL to separate gas and power businesses

India’s Ratnagiri Gas and Power Pvt Ltd. (RGPPL) is planning to spin off its gas and power businesses into separate entities

16 January 2017
Global Markets

Japan and Indonesia to cooperate on maritime security

Japan’s Prime Minister Shinzo Abe and Indonesia’s President Joko Widodo have agreed to cooperate on maritime security issues

16 January 2017
Exploration & Production

Iran adds more IOCs to bidding prequalification list

Iran is adding several more names to its list of IOCs that are prequalified to participate in its upstream oil and gas tenders.

16 January 2017
Exploration & Production

Exxon developing Vietnam’s Blue Whale project

ExxonMobil has signed two agreements with PetroVietnam and its subsidiaries to develop of the Blue Whale gas project offshore Vietnam.

16 January 2017
Companies & Finance

Crescent plans move into Iraq and North Africa

Crescent Petroleum is planning to invest in Iraq and North Africa, Majid Jafar, the company’s chief executive, has said.

16 January 2017
LNG

Uruguay gambling on Argentina’s demand

The reluctance of Buenos Aires to commit to capacity from Uruguay’s proposed LNG terminal may scuttle the project.

16 January 2017
A meeting of SHPGX personnel. The exchange has not lived up to expectations. (Shanghai Oil and Gas Trading Centre) Global Markets

China’s Henry Hub hopeful fizzles in 2016

Trading on the Shanghai Petroleum and Gas Exchange, China’s hoped-for equivalent of the Henry Hub, remained limited last year.

16 January 2017
Essar’s 500 MW gas-fired power plant at Hazira, Gujarat. India’s power demand is expected to increase. (Essar) Supply & Demand

India’s power plans underestimate gas demand

India’s National Electricity Plan may be overestimating the role of hydro in future power generation and underestimating gas demand.

16 January 2017
LNG

India’s gas supply falling short of demand

Despite importing greater volumes of LNG, India is still far from meeting its demand for gas.

16 January 2017
A consortium of infrastructure funds bought 61% of National Grid Gas Distribution in December. (National Grid) Companies & Finance

Funds invest billions in European grids

Funds and insurance companies continue to show an appetite for European gas and power grids, with billions of euros invested in 2016 alone.

16 January 2017
Policy & Regulation

Gazprom agrees lower gas transit price with Georgia

The price Gazprom will pay Georgia to transit gas to Armenia will be lower in 2017 than it was last year.

13 January 2017

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