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LNG

LNG Ltd extends EPC contract for Magnolia plant

Australia’s LNG Ltd has extended the binding EPC contract covering its proposed Magnolia LNG plant in the United States until the end of this year

19 June 2018
Exploration & Production

Exxon investigates sabotage reported in Papua New Guinea

ExxonMobil is investigating reports of vandalism at its Angore gas pipeline project in Papua New Guinea

19 June 2018
Exploration & Production

Changqing Oilfield starts up new gas plant at Shenmu field

Changqing Oilfield started up a gas processing plant at its Shenmu gas field in Shaanxi province

19 June 2018
LNG

Daewoo delivers new high-tech LNG carrier

South Korea’s Daewoo Shipbuilding & Marine Engineering has delivered an LNG carrier with a full re-liquefaction system

19 June 2018
Policy & Regulation

Myanmar reviewing terms of its production-sharing contracts

Myanmar is looking to review the fiscal terms in its oil and gas production-sharing contracts to make them more internationally competitive

19 June 2018
Companies & Finance

PTT buys majority stake in Glow Energy from Engie

Thailand’s PTT has agreed to purchase a 69.11% stake in power generator Glow Energy from Engie for $3 billion

19 June 2018
Pipelines, Storage & Power

Nigerian gas supply problems cause power blackouts

The Transmission Company of Nigeria has stated that up to 1.1 GW of generation capacity went offline last week after a gas pipeline ruptured

19 June 2018
LNG

EGAS buys LNG cargoes – reports

Egyptian Natural Gas Holding Co. has likely purchased some of the nine LNG cargoes it sought through tenders for delivery between July and August

19 June 2018
LNG

Gazprom may use Rosneft gas to fuel Sakhalin 2 LNG

Gazprom is considering buying gas from Rosneft’s fields in Russia’s far east to feed a planned third train at the Sakhalin 2 LNG plant

19 June 2018
Supply & Demand

Gazprom’s non-FSU exports hit 7.6 bcm so far in June

Gazprom exported 7.6 billion cubic metres of gas to non-FSU countries between 1-15 June, an increase of 4% year on year

19 June 2018
Exploration & Production

Norway’s gas production drops in May

Norway's gas production fell by 8.8% in May from the previous month

19 June 2018
Exploration & Production

Scottish government wins fracking case against Ineos

Scotland’s highest court has ruled in favour of the Scottish government’s ban on fracking

19 June 2018
Policy & Regulation

Germany to miss 2020 climate goal – Schulze

Germany will not be able to reach its goal of cutting greenhouse gas emissions by 40% by 2020, Svenja Schulze has said

19 June 2018
Nigerian President Muhammadu Buhari at the UN in 2015 Companies & Finance

Nigeria-Morocco pipeline looks unlikely

Nigeria and Morocco have signed a joint declaration for the construction of a gas pipeline running between them, but the project is expected to struggle.

19 June 2018
Computer monitors at a London trading company Companies & Finance

Energy companies face increased risk of cyberattacks

Companies and governments need to take the risk of cyberattacks seriously and put security measures in place, experts say.

19 June 2018
US President Donald Trump and North Korean leader Kim Jong-un Pipelines, Storage & Power

Korean détente opens new supply options for Seoul

The rapprochement between North and South Korea has reignited a project to build a pipeline linking the two countries with Russia.

19 June 2018
LNG

Spot LNG prices in Asia back above $10/MMBtu

Asian spot LNG prices exceeded $10/MMBtu last week for the first time since February.

19 June 2018
Pipelines, Storage & Power

North Africa-Europe pipeline flows continue to rise

North African pipeline exports to Europe rose by 5.8% last week from the previous week, to 709.5 MMcm.

19 June 2018
Calendar with day circled in red 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.

18 June 2018
Chinese President Xi Jinping (right) and his US counterpart Donald Trump LNG

China’s threat of tariffs on US gas potentially bluster

China’s threat to impose tariffs on US gas is likely to be empty rhetoric, as Beijing is keenly aware that it needs American LNG to drive an energy shift away from coal.

18 June 2018

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