Production from Malampaya will be depleted by 2024. (Shell) Global Markets

Duterte backed into corner over SCS

Philippine President Rodrigo Duterte has proposed a joint venture with China and Vietnam to explore for oil and gas in disputed waters of the South China Sea.

By The Wildcat 26 May 2017
Ministers visiting GridCo’s Ghana power station. Ghana is struggling to balance gas and power supplies. (GridCo) Global Markets

Next Ghana IPP tender not expected until 2020

Ghana’s supply plans will have to wait for gas to become available as power producers work through a backlog of incomplete projects.

26 May 2017
BP drilling at Egypt’s Atoll field. Production in the country is set to grow. (BP plc) Global Markets

Egyptian upstream boosts hopes for LNG exports

Confidence is growing in Egypt’s upstream sector as new developments start up and the country looks to switch from LNG importer to exporter.

26 May 2017
Global Markets

Indonesia’s gas imports up by 33% in Q1 2017

Indonesia and Malaysia increased their gas exports in Q1 2017, but Brunei saw export volumes fall over the first two months of the year.

26 May 2017
Global Markets

One killed in Tunisian gas field protests

A man died on Monday after being hit by a police car during a clash between security forces and protesters at a gas field in Tunisia, according to reports.

25 May 2017
DONG Energy is selling off its oil and gas assets to focus on offshore wind energy. (DONG Energy) Global Markets

Identity crisis: utilities and IOCs

Hefty writedowns and plummeting prices have left IOCs looking to become power developers and traditional utilities turning to renewables.

25 May 2017
Global Markets

Slight rebound in Latin American gas drilling

Gas-focused drilling in Latin America ticked up during April, with 18 rigs active in the region – a slight increase from March.

25 May 2017
Global Markets

Northern China forecast to see reduced LNG output

China’s domestic LNG output is forecast to average 39.36 MMcm/d this week as production falls in the northwest and northeast.

25 May 2017
A well drilled by Croatian company INA. The country aims to attract IOCs in its new licensing round. (INA) Global Markets

Croatia plans new onshore licensing round

Croatia aims to increase its domestic production and is planning to offer new 10 onshore blocks this year and pass a hydrocarbons law to make investment easier.

24 May 2017
Innogy’s Eschweiler wind farm. The company manages renewables services that were split off from RWE. (Innogy) Global Markets

Analysts question Franco-German energy alliance

A possible alliance between French and German energy companies has left analysts scratching their heads.

24 May 2017
Few companies are taking advantage of third-party access to Chinese infrastructure. (CNOOC Tianjin LNG) Global Markets

China’s NOCs drag feet on third-party access

Only eight companies in three years have taken advantage of measures to promote third-party access to China’s LNG import infrastructure.

24 May 2017
Global Markets

SHPGX pipeline sales surge as LNG slumps

Pipeline gas transactions on the SHPGX hit 304 MMcm last week, while LNG sales slumped to 10,860 tons.

24 May 2017
Global Markets

China imports 2.17 mt of LNG in April – customs data

China imported 2.17 mt of LNG in April, up by 9.04% from March and 15.03% from a year ago.

23 May 2017
Global Markets

Chongqing consumes 3.29 bcm of gas in Jan-Apr

The Chinese municipality of Chongqing consumed 3.29 billion cubic metres of gas in the first four months of this year, 10% more than in the same period last year.

23 May 2017
Global Markets

Woodside to focus on existing projects – Coleman

Woodside Petroleum is looking towards the expansion of existing projects as sources of future growth rather than committing to new projects, the CEO has said.

23 May 2017
Global Markets

Shell and Engie exit Kakinada LNG on gas demand fears

Shell and Engie have exited the Kakinada LNG import project in the state of Andhra Pradesh over concerns about India’s demand for gas imports.

23 May 2017
Global Markets

Saudia Arabia and GE announce $15 bln of MOUs

Saudi Arabia and GE have announced agreements worth $15 billion – of which almost $7 billion are for GE technology and solutions.

23 May 2017
Global Markets

Brussels OKs lower surcharges for German and Italian industries

The European Commission has approved lower surcharges for energy-intensive industries in Germany and Italy.

23 May 2017
Nord Stream 2 pipes arriving in Kotka, Finland. (Nord Stream 2, Axel Schmidt) Global Markets

Nord Stream 2 backers shun Russia-EU legal deal

The developers of Nord Stream 2 do not share the European Commission’s view that a separate legal framework is needed for Russian infrastructure.

23 May 2017
Petrobras is ready to leave the jungle. (Petrobras) Global Markets

I’m a state company, get me out of here!

Brazilian state giant Petrobras is selling its Azulão field in the Amazonian jungle. The property looks tailor-made for Eneva or Rosneft Brasil.

23 May 2017
Global Markets

Asian LNG prices rise as region enters summer

Spot LNG prices in Japan, South Korea, China and Taiwan continued to increase last week as a result of rising gas-to-power demand.

23 May 2017

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