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Market Trading

Zohr gives Cyprus’s hub ambitions a lift

Eni’s huge gas discovery off the Egyptian coast could boost exploration in Cypriot waters, as well as help the island nation become a local energy hub.

24 September 2015
Policy & Politics

Šefcovic energy union tour reaches Finland

Maroš Šefcovic, the EU’s vice president for energy union, will travel to Helsinki on Thursday, making Finland the 15th country on his European tour to promote the energy union concept.

23 September 2015
Policy & Politics

India playing catch-up in race to woo Iran

With sanctions being wound up, India is keen to develop its energy relations with Iran. But a lack of infrastructure and competition from China mean Delhi has work to do.

23 September 2015
Policy & Politics

Fossil fuel pledges too slow – OECD

Countries are being 'alarmingly slow' in keeping their pledges to cut fossil fuel subsidies, the Organisation for Economic Cooperation and Development said on Monday.

22 September 2015
Policy & Politics

LNG faces bearish future in Asia

Cheap coal, nuclear power and slower economic growth suggest the slump in Asian LNG demand could last longer than many in the industry expect.

22 September 2015
Fundamentals

Wildcat’s Pick of the Week

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

21 September 2015
Policy & Politics

New Egyptian cabinet to put oil and gas first

The appointment of Sherif Ismail and Tarek el-Molla to important posts in Egypt’s cabinet should boost the country’s hydrocarbons sector, analysts say.

21 September 2015
Price Drivers

NYMEX September gas futures up marginally

NYMEX gas futures for delivery in September were up marginally, trading at around $2.7/MMBtu, following the release of the EIA’s gas stock data for the week ending 11 September.

18 September 2015
Policy & Politics

East China Sea fields in undisputed waters – Chinese Foreign Ministry

The gas fields China is developing in the East China Sea are in undisputed waters under Beijing’s jurisdiction, Chinese Foreign Ministry spokesperson Hong Lei said on Thursday.

18 September 2015
Price Drivers

Beijing introduces tiered residential gas pricing

Beijing will set up tiered gas pricing for residential users, according to local media reports.

18 September 2015
Price Drivers

Armenian domestic gas price not rising

Armenia’s gas price for domestic consumers will not be changed, the Armenian Energy and Natural Resources Minister Yervand Zakarian told the country’s National Assembly on Wednesday.

18 September 2015
Price Drivers

Russian economy ministry proposes smaller gas tariff increase

The Russian Ministry of Economic Development is proposing to increase gas tariffs by just 5% in 2016, because of the "challenging situation in the economy" and fluctuating ruble exchange rate.

18 September 2015
Policy & Politics

EU and US to hold energy council

A joint EU-United States council on energy will be held in Washington on 22 October.

18 September 2015
Policy & Politics

China eyes more energy corridors in Central Asia

China has pledged to plough $100 billion into projects in Central Asia through the Shanghai Cooperation Organisation, including on energy infrastructure throughout the region.

18 September 2015
Fundamentals

Ukraine remains main risk this winter – Bros

Ukraine will be decisive for European gas supply this winter, Thierry Bros, senior European gas and LNG analyst at Société Générale, tells Interfax.

18 September 2015
Policy & Politics

Ukraine receives winter package proposal

Ukraine has received a proposal for a winter gas package from Russia and the EU.

16 September 2015
Companies

Latvia to split Latvijas Gaze

Latvia’s government plans to split its gas monopoly Latvijas Gaze by 2017 to create a competitive market in line with the EU’s gas market liberalisation rules.

16 September 2015
Fundamentals

Sinopec targets Hubei for shale gas supply

Sinopec is building up its presence in the promising market of Hubei by making use of rapidly growing production from the Fuling shale gas field to the west.

16 September 2015
Fundamentals

Chinese LNG prices cut to clear holiday stockpile

Chinese LNG producer prices fell by 0.71% last week from the previous week, as several producers had to cut prices to sell stockpiles built up during the national holiday.

16 September 2015
Market Trading

Gazprom Export sells 1.23 bcm in first gas auction

Gazprom Export sold 1.23 billion cubic metres of gas for $283 million at its first gas auction for delivery of supplies between Q4 2015 and Q1 2016.

15 September 2015

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