The Cameron lng plant in the us LNG

US to strengthen global lead in gas production – Birol

The US is set to increase its lead over Russia as the world’s biggest gas producer, providing additional flexibility and diversity for European importers, the IEA says.

By Andreas Walstad 20 November 2017
Exploration & Production

San Leon strikes gas in second Polish well

San Leon Energy has found gas in its second shale gas exploration well in the Baltic Basin in Poland, increasing confidence in the future of Eastern European shale gas despite recent setbacks.

10 February 2012
Pipelines, Storage & Power

Lithuania, Poland set to begin laying gas pipeline in 2016

Polish gas-distribution company Gaz-System and Lithuania's Lietuvos dujos could begin building a gas pipeline that will link the two countries in 2016, the director of the Gaz-System Development and Investment Department Rafal Wittmann said at a press conference in Vilnius on Friday.

10 February 2012
Exploration & Production

A measured approach to EMEA unconventional exploration

Regulatory, environmental, and technological issues related to unconventional gas exploration and production are global concerns, and were the top issues discussed during the Unconventional Gas E&P Forum held in Istanbul, Turkey between 6 and 8 February.

10 February 2012
Companies & Finance

Adviser mandated for RWE divestment

JP Morgan has been hired by RWE Transgas to advise on the sale of Czech gas pipeline network operator Net4Gas.

10 February 2012
Companies & Finance

Polish player launches eurobond issue

Poland's state-owned developer PGNiG closed a eurobond issue of €500 million ($655 million) on 7 February through its Stockholm subsidiary PGNiG Finance.

10 February 2012
Companies & Finance

BG results boosted by Asian LNG demand

LNG sales into Asia boosted BG Group’s fourth quarter and full year 2011 results as the company diverted cargoes from Europe and the Americas to cope with soaring demand there

9 February 2012
Policy & Regulation

Slovakia must strengthen its energy security says IEA report

Slovakia has achieved impressive results in meeting its energy efficiency targets over recent years but needs to do more to strengthen its energy security according to a review of the country's energy policy released by the International Energy Agency (IEA) this week

9 February 2012
Companies & Finance

Plans for breaking up Eesti Gaas could harm Estonia's image

Two co-owners in the Estonian gas distribution company AS Eesti Gaas have written a complaint to Estonian Prime Minister Andrus Apsip saying government plans to separate the company and its gas networks could damage the country's image in the eyes of investors, reported Estonia’s newspaper, Eesti Paevaleht.

9 February 2012
Policy & Regulation

Court to rule on Italgas appeal

A court in the central Italian region of Lazio will rule within seven days on gas distributor Italgas’ appeal against the municipality of Rome’s decision to reassign gas distribution services, Il Sole 24 Ore reported on Wednesday.

9 February 2012
Companies & Finance

RWE to sell gas transit pipeline

RWE’s Czech subsidiary is planning to sell the gas transit pipeline unit that it operates, but does not expect to complete the sale until 2013, Dow Jones reported on Thursday.

9 February 2012
Companies & Finance

Petromanas and Shell reach agreement

Albania-focused oil and gas firm Petromanas has reached a definitive farm-out agreement with a Royal Dutch Shell subsidiary, giving Shell a 50% share in onshore exploration Blocks 2 and 3 in Albania for $50.2 million, Petromanas said on Thursday.

9 February 2012
Companies & Finance

Asia LNG sales keep GDF's gas earnings up

Higher LNG sales to Asia in 2011 allowed Franco-Belgian major GDF Suez to offset the unfavourable spread between oil and gas prices and lower gas sales in Europe, and are expected to continue boosting the company’s business in the coming years, it announced on Thursday.

9 February 2012
Companies & Finance

Czech network operator sale to close by 2013 says RWE

RWE will sell its Czech gas transmission network operator Net4Gas by the end of 2012, a spokesperson for the German company's local subsidiary RWE Transgas told Interfax on Thursday.

9 February 2012
EU Energy Policy

Energy efficiency debate moves towards flexible schemes

The prospects of a compromise on measures needed to implement the EU's 20% energy efficiency target for 2020 have been dimmed by member states’ diverging short-term interests.

9 February 2012
Supply & Demand

Italy turns to storage and oil-fired plants to avert gas crisis

Italy has turned to gas in storage and gas-fired power plants to try and deflect a gas crisis brought on by the combination of reduced flows of gas from Russia and freezing temperatures.

8 February 2012
Companies & Finance

Statoil reaches reserves target for first time since merger

Norway’s Statoil managed to replace more reserves than it produced in 2011 for the first time since its merger with the oil and gas business of Norsk Hydro in 2007.

8 February 2012
Exploration & Production

The case for Bulgarian shale gas

Bulgaria has been on the agenda in several key continental energy debates of late, firstly as the second country to impose a national hydraulic fracturing (fracking) ban for exploration of shale gas.

8 February 2012
Global Markets

British prices drop 15%

British prompt gas prices dropped by 15% on Wednesday as plentiful supplies offset above-average demand, however near-term prices stayed at six-year highs on forecasts of more freezing temperatures to come, according to a Reuters report on Wednesday.

8 February 2012
EU Energy Policy

EU raids show zero tolerance to market fixing

The European Commission’s unannounced raids on two of Europe’s largest energy exchanges is a clear signal that it is stepping up its efforts to combat anti-competitive behaviour in power and gas markets

8 February 2012
Global Markets

UK spot gas price rise continues

UK spot gas prices continued to firm as day-ahead trade increased by nearly 15% to trade at 100 pence per therm (p/th).

7 February 2012

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