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

ICE to move trading contracts from London to US

The Intercontinental Exchange (ICE) will transfer trading in 245 energy futures contracts from London to the United States next month

12 January 2018
Global Markets

United States eyes investment in Bangladesh

The United States is looking to invest in Bangladesh, particularly in the oil, gas, energy and consumer goods markets.

12 January 2018
Global Markets

Middle East rig count ends 2017 on a high

The number of rigs targeting gas in the Middle East stood at 92 in December 2017, up by 4.5% from the previous month.

12 January 2018
The GreenStream receiving terminal in Sicily. Global Markets

Gas industry warns against extending EU market rules

Brussels’ attempt to extend its legal framework to cover pipelines from third countries is facing opposition from the gas industry.

12 January 2018
An offshore rig at Indonesia’s Mahakam block. Global Markets

Pertamina told to up its game for expiring PSCs

The government of Indonesia has told Pertamina to improve its bids for four expiring PSCs, or existing operators will be allowed to extend their contracts.

12 January 2018
The Greek Cypriot leader (left) and Turkish Cypriot leader (right) last year. Global Markets

New Cypriot governments, same challenges

The push for gas in Cyprus has kept the stakes high in the ever-fragile island reunification plan.

12 January 2018
NAM pipelines in the Netherlands. Global Markets

Dutch government mulls further cuts at Groningen

NAM suggested on Wednesday that it could further cut production at the Groningen gas field after a strong earthquake hit the area.

11 January 2018
Global Markets

Gas prices force a rethink on Peruvian hydro plant

Distortions in Peruvian gas prices have forced Statkraft to re-evaluate projects such as the Cheves hydroelectric plant.

11 January 2018
Global Markets

Southeast Asia’s LNG exports up in October

Volumes were up by 6% in October on an annual basis, with total exports exceeding 40 mt for the first 10 months of the year.

11 January 2018
Global Markets

LNG prices in northwest and central China to increase

The average ex-works price at LNG plants in northwest and central China is set to rise by 2.73% this week.

11 January 2018
Global Markets

Saudi Aramco seeks cheap loans ahead of stock listing

Saudi Aramco is trying to secure at least $5-6 billion in cheap loans before its stock listing.

10 January 2018
Global Markets

Gazprom blocking Poland-Ukraine virtual reverse flows – PGNiG

PGNiG could use virtual reverse flows to increase gas supplies to Ukraine but is being blocked by Gazprom, PGNiG's vice president said on Wednesday.

10 January 2018
Global Markets

Tianjin LNG terminal shows strong import growth in 2017

China National Offshore Oil Corp.’s Tianjin terminal imported 1.77 mt of LNG in 2017, up by 88.3% year on year.

10 January 2018
Global Markets

PetroChina increases foreign cooperation in oil and gas

PetroChina was engaged in 36 foreign cooperation projects with several IOCs in China’s six oil and gas basins at the end of last year.

10 January 2018
LNG tankers at the Jingbian Xingyuan LNG plant in Shaanxi. Global Markets

Supply cuts sideline Chinese LNG as demand booms

Booming winter demand for gas is passing by China’s small-scale LNG producers, as they have been largely sidelined by feedstock supply cuts.

10 January 2018
Global Markets

SHPGX trading falls at start of January

Pipeline gas trading on the Shanghai Petroleum and Gas Exchange fell over 2-5 January to its lowest level since the last week of January 2017.

10 January 2018
Global Markets

Netanyahu pushed $20 mln gas deal through Knesset – son

A recording of Israeli Prime Minister Benjamin Netanyahu’s son suggesting his father helped push through a $20 billion deal for a gas tycoon has been aired in Israel.

9 January 2018
Global Markets

Trinidad gas output growth boosts LNG production

Gas production in Trinidad and Tobago was up by more than 17% month on month in November, lifting production at the country’s Atlantic LNG liquefaction plant.

9 January 2018
Global Markets

Russian LNG cargo heading to Boston

A cargo of Russian LNG is on its way to Boston in the United States having been loaded at the UK’s Isle of Grain terminal.

9 January 2018
Global Markets

China to reduce import taxes on key equipment

China’s Ministry of Finance will cut or end import taxes and VAT for imports of certain equipment.

9 January 2018

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