• Natural Gas Daily
  • Companies & Finance

BP forecasts stronger LNG trading and greater role for gas

BP has released its Energy Outlook 2019, revising its forecasts from last year’s outlook for 2040 to include more LNG trading and faster growth in gas consumption.

15 February 2019
Fuling shale gas field Results

China hopes for shale gas boom after large find

China's shale gas production could be set for growth that will help stem the country's surging demand for imports.

14 February 2019
A Sonatrach LNG carrier Project Finance

Algeria’s Sonatrach maxes out on export flexibility

Sonatrach is expanding its Skikda liquefaction plant to take larger ships and increase its storage capacity, but stagnant production is leaving facilities underused.

14 February 2019

Ukraine’s gas imports fall on storage use

Ukraine imported less gas in 2018 than it did in previous years as a result of better utilisation of storage facilities.

13 February 2019
Pipe stringing for Trans-Adriatic Pipeline, Alexandroupoli, Greece, September 2016 Companies

IGB construction delayed to Q2 2019

Construction work on the Interconnector Greece-Bulgaria has been delayed to the end of May 2019.

8 February 2019
A drilling rig in the Romanian Black Sea Project Finance

OMV hits pause button on Black Sea plans

The company’s spending plans for 2019 do not include investment in the region, a move that is the result of Romania’s unstable legal framework.

7 February 2019
Ophir Energy activity offshore Tanzania Mergers & Acquisitions

Ophir’s prized Tanzanian assets almost worthless

Medco Energi has valued Ophir at just $511 million, giving another indication that the deepwater gas in the company's Tanzania blocks might just stay in the ground.

7 February 2019
ConocoPhillips' Bayu Undan platform in the Timor Sea Project Finance

Australia aims to limit China’s role in Timor LNG

The prospect of China becoming more involved in East Timor is pushing Australia to increase its interest in Timor LNG.

7 February 2019
A cooling tower at a power station, West Burton, UK Companies

Legal battle clouds future of UK power payments

The UK could be facing premature power plant closures unless the legal dispute over its subsidy scheme for generators is resolved.

7 February 2019
A CNOOC offshore rig Companies

CNOOC eyes higher capex spend to boost output and reserves

China’s main offshore oil and gas producer is likely to meet or even exceed its capital expenditure budget for 2019 as it responds to political pressure to increase output.

25 January 2019
The Datang Fuxin CTG plant Project Finance

Chinese SNG struggles with shaky fundamentals

China’s first coal-to-SNG projects have run up deep losses since they started coming online six years ago, which is likely to dim long-term prospects for the technology.

24 January 2019
An FPSO being build at South Korea's DSME shipyard Project Finance

South Korea WTO claim could raise carrier costs

Japan is challenging South Korea's support of its major shipyards, which could increase the cost of building LNG carriers.

24 January 2019
Project Finance

French and Spanish regulators turn down Midcat’s first phase

Energy regulators in Spain and France have ruled that building the first phase of the proposed Midcat pipeline cannot be justified from an economic perspective under the current proposal.

23 January 2019
Anadarko operations in Mozambique Companies

Terror threat looms large in Mozambique

The deteriorating security situation in Cabo Delgado could make Anadarko’s LNG project more expensive, but financing is moving despite the arrest of Mozambique's former finance minister.

17 January 2019
Poland's LNG terminal during its construction. Companies

Poland’s move away from Russia brings risks

State-owned PGNiG is investing in an expansion to the Świnoujście LNG terminal and a new pipeline connection with Norway, but its motives seem more about politics than economics.

17 January 2019

Brussels set to re-open probe into UK capacity payments

The European Commission will soon launch an investigation into the treatment of demand-side response services within the UK capacity market.

16 January 2019
An offshore rig at Indonesia's Mahakam block Project Finance

Indonesian mega-projects are top priorities for Jakarta

Change at the top of Indonesia's upstream agency could provide the impetus needed for progress on the Indonesia Deepwater Development and Abadi LNG.

15 January 2019
A Phoenix Petroleum facility in the Philippines Project Finance

Philippines gives go-ahead to Tanglawan LNG project

Tanglawan Philippines LNG has received approval from the Philippines’ Department of Energy to build the country’s second LNG terminal.

11 January 2019
An LNG tanker Project Finance

South Asia key to balancing LNG market

South Asian LNG demand is expected to remain robust in 2019 as latent demand will support growth despite issues with infrastructure and regulation.

9 January 2019
Petronas's Sabah oil and gas terminal Mergers & Acquisitions

Southeast Asia set for uptick in M&A

Maturing assets and rising domestic demand mean Southeast Asia is ripe for new market entrants and fresh capital.

9 January 2019

Viewing 1-20 of 7,716 articles