A flare from the Corrib field. Corrib will start to decline in 2020. (Shell) LNG

Brexit-exposed Ireland pushes ahead with FSRU plans

The security of supply risks associated with Brexit are giving a new impetus to Ireland’s plans for an FSRU.

By Silvia Favasuli 21 July 2017
Companies & Finance

Argentina settles legal dispute with Total

Argentina has settled a legal dispute with Total over what the supermajor claimed was $1 billion in losses.

21 July 2017
Policy & Regulation

Canadian court rules NEB must reconsider Prince Rupert pipeline jurisdiction

Canadian regulator the National Energy Board must reconsider whether the proposed Prince Rupert Gas Transmission pipeline in British Columbia falls under provincial or federal jurisdiction, Canada’s Federal Court of Appeal ruled this week.

21 July 2017
Supply & Demand

Sinopec produces 12.8 bcm of gas in H1

China’s state-owned Sinopec produced 12.8 billion cubic metres of gas in H1, up by 16.3% year on year.

21 July 2017
LNG

Tianjin LNG terminal receives 0.6 mt in H1 2017

China National Offshore Oil Corp.’s Tianjin LNG terminal received 10 shipments amounting to 606,600 tons, worth $219 million, in the first half of 2017.

21 July 2017
Companies & Finance

ADB invests $50 mln in Grimm

The Asian Development Bank has invested more than $50 million in one of Thailand’s largest independent power producers, B Grimm Power Public.

21 July 2017
LNG

Svitzer wins contract for Bangladesh LNG terminal

Marine support services company Svitzer has been awarded a contract for Bangladesh’s first LNG terminal.

21 July 2017
A Tesla Powerwall battery can power a two-bedroom home for 24 hours. (Tesla) Pipelines, Storage & Power

Can gas unlock future power invention?

Gas is not just a relatively clean stopgap fuel on the road to a renewable future – it may also be a catalyst for technological progress.

21 July 2017
Exploration & Production

Mexico sets date for next round of deepwater auctions

Mexico has set 31 January as the date for the next round of deepwater auctions for acreage in its highly prospective Gulf of Mexico territory.

21 July 2017
Exploration & Production

Brazil to offer 287 blocks in 14th bid round

Brazil will offer 287 blocks in onshore and offshore basins in its 14th bid round .

21 July 2017
Pipelines, Storage & Power

US gas-for-power demand hits highest level so far this year

Gas-for-power demand in the United States reached its highest daily level so far this year over the past week, the EIA has said.

21 July 2017
Supply & Demand

Shemu gas field output hits 3 bcm

PetroChina’s Shemu gas field has produced 3.0 billion cubic metres of gas since it came online in 2011, the company has said.

21 July 2017
Supply & Demand

China consumes 114.6 bcm of gas in H1 2017

China consumed 114.6 billion cubic metres of gas in the first half of 2017, up by 15.2% year on year, according to the National Development and Reform Commission.

21 July 2017
Pipelines, Storage & Power

Over half India’s gas power plants are idle – minister

More than half of India’s gas-fired power plants are idle, India’s Power Minister Piyush Goyal has said.

21 July 2017
LNG

Philippines shortlists six countries to help build LNG terminal

The Philippines has shortlisted six countries to help with the construction of a $2 billion LNG import and distribution facility.

21 July 2017
Exploration & Production

BP starts talks to sell all North Sea assets

BP has started discussions with potential buyers for its full range of North Sea assets.

21 July 2017
Global Markets

Siemens suspends shipments of power equipment to Russia

Siemens is to suspend shipments of power generation equipment to state-controlled Russian companies, the German company has announced.

21 July 2017
EU Energy Policy

Ofgem says National Grid published incorrect market data

Ofgem has concluded that National Grid Electricity Transmission published incorrect data that led to false or misleading signals regarding supply, demand or prices on the wholesale electricity market.

21 July 2017
Origin’s Spring Gully CBM development in eastern Australia. (Origin Energy) Exploration & Production

Beetaloo developers eye exemption from fracking ban

Developers are watching closely as the Northern Territory considers whether their resources will be exempt from a possible ban on fracking.

21 July 2017
The Golar Spirit docked in Brazil. Like the Freeze, the Spirit has a relatively high fuel consumption. (Golar) LNG

Shortened FSRU charter gives Dubai room to manoeuvre

The charter deal for the Golar Freeze will be ended a year earlier than originally planned, freeing the emirate from its superfluous regas capacity.

21 July 2017
Exploration & Production

Asia Pacific rig count down 8% in June

India remained the most active country in the region, although its rig count fell by 9% month on month and 5% year on year.

21 July 2017

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