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Fundamentals

Gazprom signs second export deal with China

Russia has signed a second major gas export deal with China, with plans to ship up to 30 bcm/y of gas from existing fields in Western Siberia via the so-called Western Route.

8 May 2015
Fundamentals

Gazprom, CNPC sign agreement for 'Western Route'

Gazprom Export and PetroChina International have signed an agreement on the main terms of gas shipments via the so-called Western route.

8 May 2015
Fundamentals

Iran puts Asia first for gas exports – Zanganeh

Before a deal is reached on Iran’s nuclear programme, officials from Tehran are already planning how to restore the country to its role as global oil and gas exporter.

8 May 2015
Companies

Hushed talks for Tamar imports via EMG advance

EMG may not publicly admit to negotiating with Dolphinus over the use of its Egypt-Israel pipeline, but sources have said talks are advancing.

8 May 2015
Policy & Politics

Eni’s Descalzi meets Mozambican president

Mozambique’s President Filipe Nyusi met Eni Chief Executive Claudio Descalzi on Wednesday for the first time since his appointment in January.

7 May 2015
Policy & Politics

Iranian and German energy ministers to meet

Iranian Oil Minister Bijan Zanganeh was scheduled to meet German Energy Minister Sigmar Gabriel in Berlin on Thursday.

7 May 2015
Policy & Politics

China’s shale gas subsidy cut to hurt small players

China’s decision to reduce its shale gas development subsidy between 2016 and 2020 will have a mixed impact on the fledgling industry, with smaller developers likely to be disproportionately affected.

7 May 2015
Fundamentals

Marcellus shale play US gas’s largest contributor

The Marcellus shale play has surpassed the Barnett to become the largest gas field in the United States, ranked by estimated proven reserves in 2013.

7 May 2015
Fundamentals

Malampaya shutdown hits Philippines Q1 output

A month-long shutdown at Shell’s offshore Malampaya field cut gas production in the Philippines during Q1 2015, while output rose in Vietnam over the same period.

7 May 2015
Companies

Gazprom's claims against Ukraine hit $23.8 billion

Russia’s Gazprom has filed $23.8 billion-worth of claims as part of its ongoing case against Naftogaz Ukrainy.

6 May 2015
Policy & Politics

Market Stability Reserve agreed for EU emission scheme

The European Council and the European Parliament have reached an agreement in principle for an MSR to address surplus allowances under the EU’s ETS.

6 May 2015
Companies

DECC-LetterOne clash puts UK-Russia relations under spotlight

A dispute between Russian oligarchs and the UK government over the ownership of North Sea oil and gas fields does not bode well for Moscow-London relations.

6 May 2015
Fundamentals

Japan’s Q1 LNG imports biggest on record

Japan imported 24 mt of LNG in Q1 2015, the highest volume on record, according to statistics from the Ministry of Commerce.

6 May 2015
Companies

All change at the top for China’s NOCs

China has appointed new chairs for its three NOCs, shaking up management at a time when the oil sector is being convulsed by an anti-corruption purge and low energy prices.

6 May 2015
Price Drivers

Chinese LNG producers cut prices to clear stock

The average price for LNG from China’s liquefaction plants fell by 3% in April as producers cut their prices to try and sell inventories.

6 May 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.

5 May 2015
Policy & Politics

Little joy from Indonesia’s new PSC regulations

Operators may well be left frustrated with new regulations being finalised by Indonesia on production-sharing contract extensions.

5 May 2015
Fundamentals

Oil price decline grips majors in Q1

Europe’s major oil and gas companies announced their Q1 results this week, revealing the impact on their earnings of the drop in the price of oil.

1 May 2015
Fundamentals

Energy majors’ Q1 results roundup

Europe’s energy majors reported their earnings this week for the first quarter of a year marked by the low price of oil.

1 May 2015
Fundamentals

Egypt homes in on Cyprus’s Aphrodite gas find

Egypt has made a second high-level state visit to Cyprus as part of plans to make sure it is still first in line to receive Aphrodite gas.

1 May 2015

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