Wildcat gives you a head start on the coming week. Global Markets

Wildcat’s Pick of the Week

Wildcat gives you a head-start on the week and a round-up of what mattered last week.

By The Wildcat 24 April 2017
Global Markets

Ohio and Pennsylvania hit record gas output despite US decline

Ohio and Pennsylvania produced record volumes of gas in 2016, the Energy Information Administration reported on Tuesday.

26 April 2017
Global Markets

IETA urges UK to stay in the ETS

The International Emissions Trading Association has sent a letter to UK authorities calling for the UK to continue its participation in the EU’s Emissions Trading System after Brexit.

26 April 2017
Global Markets

Spanish gas demand grows by 8.4% in Q1

Gas consumption by homes, businesses and SMEs rose by 600 GWh, mainly because of colder weather.

26 April 2017
Global Markets

Supply glut weighs on Chinese LNG prices

Chinese wholesale LNG prices fell by 2.21% last week as soft industrial demand caused an excess in supply.

26 April 2017
Global Markets

Chongqing Q1 gas demand up 11%

Chongqing consumed 2.4 billion cubic metres of gas in the first quarter of 2017, up by 10.6% year on year.

25 April 2017
Global Markets

Peru to discuss taking control of destinations for LNG cargoes

Peruvian lawmakers are set to discuss a bill to give the state the final decision over the destination of gas shipped outside the country.

25 April 2017
Global Markets

Saudi Aramco worth less than initial estimates

Saudi Aramco is worth at least $500 billion less than it previously thought, senior company officials have said.

25 April 2017
Global Markets

Latvia urges cooperation between Klaipeda and Inčukalns

Lithuania’s LNG terminal at Klaipeda should cooperate with Latvia’s Inčukalns UGS to speed up the development of the Baltic gas market.

24 April 2017
Global Markets

South Korea now Brunei’s second-biggest trading partner

South Korea is now Brunei’s second-biggest trading partner, with trade between the two countries dominated by oil and gas delivered to South Korea.

24 April 2017
Geology Without Limits will carry out a seismic survey on Iran’s Caspian Sea territory. (GWL) Global Markets

Exploration planned for Iranian Caspian Sea

Several IOCs are assessing the oil and gas potential of Iran’s Caspian Sea acreage, but competing territorial claims could stymie exploitation.

24 April 2017
Global Markets

US approves $10 bln of deals with Indonesia

United States Vice President Mike Pence has announced $10 billion of deals between American and Indonesian companies during his visit to Jakarta on Friday.

21 April 2017
Global Markets

Oman will offer state-owned downstream shares via IPOs

Oman will offer shares in several state-owned downstream energy companies through IPOs.

21 April 2017
Global Markets

Italy keen to boost commercial links with Azerbaijan

Italy’s Minister of the Economic Development Carlo Calenda met his Azerbaijani counterpart Elmar Mammadyarov in Rome on Thursday.

21 April 2017
The Datteln 4 coal-fired power plant in Germany. (E.On) Global Markets

Picking winners and losers in EU electricity

Industry is speaking out against proposed regulations that would effectively squeeze coal out of capacity mechanisms, calling for such decisions to be left to the markets.

21 April 2017
Jordan could import gas via the BW Singapore FSRU vessel, which is moored at Ain Sokhna in Egypt. (BW Group) Global Markets

Jordan struggles to defuse Israel gas import dispute

Plans to ship gas from the Leviathan field to Jordan have sparked protests in Amman, even though the country is forging new gas links with Egypt.

21 April 2017
Global Markets

Japan posts first trade surplus in six years

Japan has posted its first trade surplus in six years for the fiscal year 2016 as the value of imports – particularly oil and gas – fell sharply.

20 April 2017
Global Markets

African growth to recover, but slower than expected – World Bank

Economic growth in sub-Saharan Africa is set to recover in 2017 following the region’s worst year in two decades in 2016, according to the World Bank.

20 April 2017
Global Markets

Sakhalin 2 LNG exports down in 2017

The Sakhalin 2 LNG plant exported around 2.1 mt to the Asia Pacific region between January and March 2017, a year-on-year drop of 27%.

20 April 2017
Global Markets

Latvian and Lithuanian ministers to discuss energy projects

Latvian Economics Minister Arvils Aseradens will meet Lithuania’s energy and economy ministers on Friday to discuss energy projects.

20 April 2017
Global Markets

Dutch government to cut Groningen gas production by 10%

Dutch Minister of Economic Development Henk Kamp is planning to reduce gas production at the Groningen gas field by 10% starting from October 2017.

20 April 2017

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