The North Rankin platform, part of the North West Shelf project. (Woodside) Companies

Australia’s resource tax regime – too little, too late?

Australia is exporting more LNG than ever before, but tax issues may mean it is missing out on the economic gains of the boom.

BP's Andrew platform, North Sea. (BP plc) Project Finance

Unlocking North Sea decommissioning deals

Christopher McGee-Osborne, partner at Dentons, talks about the firm’s latest Europe-focused report and decommissioning in the North Sea.

Pakistan should prioritise gas for industry this winter – executives

Pakistani industrial executives have urged the government to prioritise supplying gas to industry over the winter.

2 December 2016

EGPC accepts six exploration bids

Egyptian General Petroleum Corp. has accepted six bids from IOCs to carry out oil and gas exploration in Egypt.

2 December 2016

Gazprom exports to non-CIS countries up 11.8%

Gazprom exported 161.6 billion cubic metres of gas to non-CIS countries between January and November 2016, up by 11.8% compared with the same period in 2015.

2 December 2016

French export credit agency allowed to finance Yamal

French economy minister Michel Sapin has agreed in principle to allow French export credit agency Coface to take part in financing Russia’s Yamal LNG project.

1 December 2016

Companies vie for Rovuma gas projects

A total of 14 companies are interested in developing domestic gas projects in Mozambique’s Rovuma Basin.

1 December 2016

Centrica sells Trinidad assets to Shell

UK-based Centrica will sell its entire portfolio of gas assets in Trinidad and Tobago to Shell for an initial sum of $30 million.

1 December 2016

China warned of production decline following spending cuts

China’s oil and gas production may fall more steeply next year since NOCs slashed exploration and production spending as a result of globally low oil prices.

30 November 2016

Gail India seeks $964 mln in state funding for pipeline projects

State-owned Gail India is seeking INR 66 billion ($964 million) from India’s government to partly fund two gas pipeline projects.

30 November 2016

India investing $20 mln to double gas consumption

India plans to double its gas consumption in five years by investing $20 billion in gas exploration.

30 November 2016

Delek Group posts $22 mln profit for Q3

Israel’s Delek Group has posted an ILS 85 million ($22 million) profit for Q3 2016.

30 November 2016

Trump will not affect Iran’s early-stage agreements – Zanganeh

Iranian Petroleum Minister Bijan Zanganeh has said the election of Donald Trump will not affect the early-stage agreements the country is signing with IOCs.

30 November 2016

Novatek in talks with Gazprom to acquire Tambeiskoye fields

Russian independent Novatek is in talks with Gazprom to acquire four fields in the Tambeiskoye group on the Yamal Peninsula.

29 November 2016

Denmark’s Maersk and DONG may merge their oil and gas operations

Denmark’s AP Møller Maersk and DONG Energy are in talks to merge their oil and gas operations in a deal that would create a business worth more than $10 billion.

29 November 2016

North West Shelf claims back deductions to reduce royalties

Australia’s North West Shelf joint venture is reported to have reduced the royalties it owes by claiming more than A$5 billion (US$3.7 billion) in deductions.

28 November 2016

BP buys 10% in Egypt’s Zohr field from Eni

Eni has sold BP a 10% interest in Egypt’s offshore Shorouk concession – which contains the super-giant Zohr gas field – for $375 million.

28 November 2016

Delek and Avner find $1.75 bln in finance for Leviathan

Delek Drilling and Avner Oil Exploration, the developers of Israel’s Leviathan gas field, have signed commitment letters with HSBC and JP Morgan for financing of up to $1.75 billion.

28 November 2016

Eni and Sonatrach to cooperate on gas supply and renewables

Sonatrach and Italian energy company Eni have reached a long-term agreement to cooperate on gas supply contracts and to promote and develop renewables.

28 November 2016

Norwegian state may increase Dvalin field stake

The Norwegian government may further increase its stake in the Dvalin gas field development in the Norwegian Sea, the country’s oil ministry said on Friday.

28 November 2016

Six oil and gas workers kidnapped in Pakistan

Six Pakistani oil and gas workers have been kidnapped near Drazinda, a village in the Federally Administered Tribal Area of northwestern Pakistan.

28 November 2016

Zimbabwe’s ZESA warns of power shortages

ZESA Holdings, Zimbabwe’s state-owned energy distribution company, has warned that the country faces huge power shortages.

24 November 2016

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