A tanker at the Gate LNG terminal. LNG

Pavilion Gas and Uniper swap LNG access rights

The agreement will see Pavilion gain access to the Gate and Grain terminals in Europe while Uniper takes rights to Singapore LNG.

By Damon Evans 22 September 2017
Global Markets

Two nuclear reactors in western Japan given OK by government

The Japanese government has decided two nuclear reactors in Western Japan are safe to restart, according to local media reports.

13 April 2012
Global Markets

Arun LNG unaffected by earthquake

The two earthquakes that struck Indonesia’s Aceh province this week did not interrupt LNG production at the Arun plant, a spokesperson for Pertamina told Interfax.

13 April 2012
Exploration & Production

Asian consortium, Shell in talks to develop liquefaction plant

With Asian customers forced to pay record LNG prices, a consortium of Asian companies have entered into talks with Royal Dutch Shell to jointly develop a liquefaction plant in Western Canada, sourcing gas from their shale assets, The Nikkei reported on Thursday.

13 April 2012
Global Markets

China and the Philippines still locked in maritime standoff

A standoff between Chinese and Filipino vessels in a disputed region of the South China Sea entered into its fourth day on Friday, presenting Beijing with a diplomatic headache as it struggles to contain fallout from a domestic political scandal and the failed missile launch by its ally and neighbour North Korea.

13 April 2012
Companies & Finance

India’s sovereign risk drags down ONGC, Gail ratings

Moody’s Investor Services has downgraded India’s two largest state-run oil and gas players – Oil and Natural Gas Corp. (ONGC) and Gail – as a result of the country’s weaker sovereign credit, although both companies are still rated higher than India.

13 April 2012
Exploration & Production

US, Japan look for ‘fire in the ice’

Gas hydrate could become the industry’s next game-changer, offering gas-poor countries such as Japan the potential for significant domestic supplies. But can it be produced at the right price?

11 April 2012
Global Markets

Aceh earthquakes

Two massive earthquakes off the coast of Indonesia’s Aceh province triggered a tsunami alert for the Indian Ocean, the BBC reported on Wednesday.

11 April 2012
LNG

Australian LNG exports to Asia Pacific no threat, says Gazprom

Gazprom is confident about its LNG position in the Asia Pacific market and does not consider prospective Australian LNG exports to be in direct competition, the company’s head of eastern projects, Viktor Timoshilov, told journalists.

10 April 2012
Companies & Finance

Pertamina Hulu Energi to buy stakes in Asia Pacific blocks

Indonesia’s state-run Pertamina Hulu Energi plans to buy stakes in eight oil and gas blocks in Asia Pacific, The Jakarta Post reported on Saturday.

10 April 2012
Exploration & Production

BAPEX to launch offshore exploration venture in July

State-run Bangladesh Petroleum Exploration and Production Co. (BAPEX) hopes to launch its first offshore oil and gas exploration venture in July, Reuters reported on Saturday.

10 April 2012
Pipelines, Storage & Power

India looking at subsea alternatives to IPI, TAPI

With the $7.5 billion Iran-Pakistan-India (IPI) pipeline still a distant and ambitious dream, India is instead eyeing the potential for building an undersea gas link from Qatar, through Oman and into India, Interfax has learnt.

10 April 2012
Supply & Demand

Peace talks on China’s pipeline border fail

Peace talks between Kachin forces and Myanmar government troops have failed, the BBC reported on Thursday.

5 April 2012
Policy & Regulation

ASEAN still divided on approach to South China Sea dispute

ASEAN members failed to make any headway towards a unified approach to the disputed South China Sea during the bloc’s two-day summit in Cambodia this week, with a statement from ASEAN on Wednesday simply reaffirming a commitment to implementing a declaration agreed by the group in 2002.

5 April 2012
Global Markets

Fitch affirms Reliance's BBB- rating

Fitch Ratings has affirmed its long-term foreign currency issue default rating of BBB- with a positive outlook for India’s Reliance Industries, the ratings agency said on Thursday.

5 April 2012
Exploration & Production

Indian bidders eyeing Sri Lankan prospects

Following the end of a nearly three-decade long civil war , Sri Lanka, the island nation that has never produced hydrocarbons is “confident” about the prospects of exploration in the Palk Strait that separates it from India.

5 April 2012
Supply & Demand

Can LNG be more than a Singapore fling?

Brokers are rushing to Singapore to establish a presence before the country’s LNG terminal comes online in 2013. But it is unclear if the terminal has the capacity to repeat the country’s oil trading success.

4 April 2012
LNG

India’s LNG imports will rise steeply

India’s LNG demand is set to grow exponentially over the next few years and one of the companies that will benefit from this growth is its largest importer – Petronet LNG. Siddharth Srivastava talks to the company’s Chief Executive AK Balyan about his plans for the company.

4 April 2012
LNG

Indian gas demand needs rapid LNG expansion

India’s growing need for LNG is set to benefit state-owned Petronet LNG, one of the country’s largest importers. But to take advantage of this rapid expansion LNG import capacity is needed, Petronet Chief Executive AK Balyan told Interfax.

4 April 2012
Exploration & Production

Niko Resources to submit integrated development plan

An integrated development plan for commercialising around 3 tcf (85 bcm) of additional discovered gas in India’s offshore Krishna Godavari D6 Block will be submitted to the government by October, stakeholder Niko Resources said on Monday.

3 April 2012
Global Markets

Gail rated at BBB- by Fitch

Fitch Ratings has affirmed its rating of India’s state-run Gail at BBB- with a stable outlook, in line with its rating of the Indian government, the ratings agency reported on Tuesday.

3 April 2012

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