Operational rigs in Asia Pacific targeting gas in December 2017. Global Markets

Number of rigs in Asia Pacific falls in December

The number of countries exploring for gas in the Asia Pacific region dropped to five in December as both China and Indonesia saw their counts fall to zero.

By Andrew Walker 19 January 2018
Global Markets

Europe’s majors feel the oil price pinch

Lower oil and gas prices have slashed the profits of all of Europe’s major oil and gas companies.

31 July 2015
Global Markets

China's NDRC considering gas price cut

The National Development and Reform Commission, China’s top economic planner, is considering cutting non-residential wholesale gas prices by RMB 0.1-0.4 per cubic metre.

31 July 2015
Global Markets

Yamal opens airport access

Sabetta airport, in Russia’s Yamalo-Nenets autonomous district, has been approved for international flights.

30 July 2015
Global Markets

EU and Ukraine in gas talks next month

European Commission Vice President for Energy Union Maroš Šefcovic and Ukrainian Energy and Coal Industry Minister Volodymyr Demchyshyn are planning to discuss gas issues on 27-28 August before three-way talks with Russia.

30 July 2015
Global Markets

Chile could export surplus gas to Argentina

The development of the energy industry in northern Chile means it may soon export surplus gas from imported LNG to its neighbour Argentina, a terminal operator executive tells Interfax.

30 July 2015
Global Markets

Tullow Oil reports after tax loss in H1

UK independent Tullow Oil reported a loss after tax of $68 million in its H1 2015 results report on Monday, caused by asset sales and the low oil price.

29 July 2015
Global Markets

Rosneft selling share in Taas-Yuryakh Neftegazdobycha

Rosneft has signed an agreement with Skyland Petroleum Group for the sale of up to a 29% interest in Taas-Yuryakh Neftegazdobycha.

29 July 2015
Global Markets

Total resumes buying shares in Novatek

Total has resumed buying shares in Novatek, having suspended its purchases last July after sanctions were imposed against the Russian gas producer.

29 July 2015
Global Markets

Gazprom purchases Total’s Shtokman share

Gazprom has purchased Total’s remaining 25% share in Shtokman Development, the company developing Russia’s huge Shtokman field.

29 July 2015
Global Markets

Total's net adjusted profits down in Q2

French oil and gas major Total reported $3.09 billion in net adjusted profit for Q2 2015, a 2% fall from the same period last year. Crude oil prices dropped by 44% over the same period.

29 July 2015
Global Markets

Australia passes Qatar as China’s top LNG supplier

The ramp-up of BG Group’s Queensland Curtis LNG project helped Australia overtake Qatar as China’s biggest LNG supplier in H1.

29 July 2015
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.

27 July 2015
Global Markets

UK storage struggling despite Preesall greenlight

The long-sought approval of the Preesall facility will boost the UK’s storage situation in the long term, but the market will face further uncertainty before its completion.

27 July 2015
Global Markets

Brazil and Southern Cone trade 35 bcm in 2014

Brazil and the Southern Cone traded nearly 35 bcm in 2014 – including Bolivian pipeline gas and LNG imports – according to Interfax calculations.

27 July 2015
Global Markets

New P&A rules could spur big savings – DNV GL

Overhauling Europe’s regulations on well plugging and abandonment could result in huge savings for oil and gas companies, according to DNV GL.

23 July 2015
Global Markets

EU puzzled by Russia’s export strategy

Brussels is asking why Russia wants to double its transmission capacity for gas exports to Europe when the existing infrastructure remains underused.

23 July 2015
Global Markets

China’s H1 gas imports drop on low demand

China’s gas imports ended the first half of 2015 with decent growth in June, but this was not enough to offset an overall decline in imports for the six-month period.

22 July 2015
Global Markets

New LNG supply wave will not break until 2016

LNG capacity coming online at the end of 2015 will have little impact this year, as analysts say slow starts and ramp-up periods mean the full effects may not be felt until mid-2016.

22 July 2015
Global Markets

Japan tells China to stop building offshore platform

Japan has demanded that China halt construction of an oil and gas exploration platform close to waters claimed by both nations in the East China Sea.

21 July 2015
Global Markets

Pakistan eyes Iranian pipeline connection

The removal of economic sanctions on Iran will clear the way for Pakistan to build a pipeline to import gas, Pakistan’s petroleum minister was reported as saying.

21 July 2015

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