Shell’s Malampaya deepwater gas-to-power project. (Shell) Global Markets

Philippines LNG terminal mired in politics

Government intervention into plans for an LNG terminal in the Philippines is delaying much-needed development.

By Damon Evans 17 August 2017
Global Markets

Philippine Reed Bank exploration on pause for now – Cayetano

Philippine Foreign Secretary Alan Cayetano has said oil and gas exploration in the Reed Bank in the South China Sea will remain on hold for some time.

11 August 2017
Global Markets

Prime ministers of Baltic states to meet in Incukalns

The prime ministers of Latvia, Estonia and Lithuania are to meet in central Latvia on Friday to discuss cooperation on energy.

10 August 2017
Exxon’s Altona  Refinery in Victoria. (ExxonMobil Australia) Global Markets

Exxon’s new Aussie play unlikely to ease local market

Exxon has locked down a deal for new resources in Victoria, but they may not be enough to sate the struggling domestic market.

10 August 2017
Global Markets

South Korea coal power shutdown boosts LNG

South Korea’s president shut down eight coal-fired units in June, resulting in a large growth in LNG demand.

10 August 2017
Map Ta Phut LNG terminal in Thailand. (Qatargas) Global Markets

Thailand plays it coy on future LNG needs

The Thai government may appear to be burying its head in the sand by sticking with its previous LNG import forecasts, but it has good reason for playing dumb.

9 August 2017
With supplies limited, some buyers are turning to the Tianjin terminal to meet demand. (CNOOC) Global Markets

Shaanxi floods trigger spike in Chinese LNG prices

Floods in China’s Shaanxi province have led to the shutdown of gas plants in the region, with limited supply boosting LNG prices.

9 August 2017
Global Markets

Chinese wholesale LNG prices up by 2.8% in July

Prices averaged RMB 3,150/t in July, up by 2.84% from June, as flooding cut output and sales.

9 August 2017
The IM-5 well in the Etinde permit offshore Cameroon. (Bowleven) Global Markets

Cameroon’s Etinde partners agree to FLNG – sources

NewAge has reached an agreement with the government over how to use the gas from the offshore Etinde permit.

8 August 2017
Global Markets

US, Australian and Japanese foreign ministers call for calm in South China Sea

The foreign ministers of the United States, Australia and Japan have called on China to stop land reclamation and military activity in the South China Sea.

8 August 2017
From left: Libyan leader Fayez al-Sarraj, French President Emmanuel Macron and Khalifa Haftar agree the ceasefire. (PA) Global Markets

Eni speeds up Bahr Essalam expansion

Libya’s improving political situation will help entice IOCs back to the war-torn country, but it still has much work to do.

8 August 2017
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.

7 August 2017
An artist’s impression of the Hinkley C nuclear power station. (EDF) Global Markets

Marginal role for gas if Hinkley Point C is cancelled

The UK’s Hinkley Point C nuclear plant is facing further delays, but potential gains for gas could be limited by climate policies

7 August 2017
Indonesia’s Oil and Gas Director General Ego Syahrial. (Ministry of Energy and Mineral Resources) Global Markets

Jokowi’s wrath triggers shake-up at ministry

Indonesia’s energy minister is shaking things up in the hope of prompting much-needed investment.

7 August 2017
Global Markets

Colombia relaxed despite declining production

Colombia’s industry is confident that future gas supply will be guaranteed by LNG imports and new discoveries.

7 August 2017
A Beach Energy drill rig in the Cooper Basin. (Beach Energy) Global Markets

Spending rises as Aussie market responds to price signals

Australia’s exploration programmes and M&A activities appear to be showing signs of recovery.

4 August 2017
Talisman Vietnam was told to stop exploring the South China Sea. (Repsol, Flickr) Global Markets

US fails to support allies in South China Sea

Threats of force over oil and gas exploration in the South China Sea are putting US commitments in the region to the test.

4 August 2017
Global Markets

South Asia could overtake Europe in LNG imports

India and Pakistan imported a combined 25 mt of LNG last year, equivalent to 8% of global demand for the fuel.

3 August 2017
Global Markets

Colombian gas production declines in June

Colombia’s average gas production in June was 25.4 million cubic metres per day, which was down by 1% month on month and 11.1% year on year.

3 August 2017
Global Markets

Trump signs new US sanctions against Russia

New US sanctions against Russia could inhibit the growth of Russia’s energy exports and potentially threaten energy security for EU member countries.

3 August 2017
Global Markets

UAE denies actions against Qatar violate trade agreements

The United Arab Emirates has denied that actions it has taken alongside Bahrain and Saudi Arabia against Qatar violate World Trade Organization agreements.

3 August 2017

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