ENN storage facility. The company’s returns are below the cap. (ENN Energy) Global Markets

Higher returns cap placates Chinese gas distributors

Lobbying by China’s urban gas distributors has paid off, after the Chinese government announced a more favourable limit on investment returns.

By Colin Shek 28 June 2017
Global Markets

Snam CEO appointed president of GasNaturally

Marco Alverà, chief executive of Italian TSO Snam, has been appointed as the first president of a partnership of associations representing the European gas value chain.

13 June 2017
Global Markets

IMF tells ZESA to reform debt collection system

The International Monetary Fund has expressed concern for a plan by the government of Zimbabwe to clear up to $600 million in debts.

13 June 2017
Global Markets

Philippines set to modernise public utility vehicles

The Philippines government plans to modernise the public utility vehicles to reduce pollution and give Filipinos a better public transport experience.

13 June 2017
Global Markets

Brazilian power company seeks Bolivian gas supply contract

Âmbar Energia, a power company owned by Brazilian conglomerate J&F Investimentos, is seeking a long-term gas supply contract with Bolivia from 2019.

13 June 2017
Global Markets

China’s NDRC approves Texas shale purchase

China’s National Development and Reform Commission has approved Guanghui Energy’s plan to buy a shale gas project in Barnett, Texas, for $200 million.

13 June 2017
Global Markets

PetroChina’s gas sales in east China up 20%

PetroChina’s gas sales unit for eastern China sold 15.8 billion cubic metres of gas in the first five months of this year, an increase of 20% year on year.

13 June 2017
Global Markets

CNOOC South China Sea gas sales for 2017 hit 1.5 bcm

China National Offshore Oil Corp. sold 1.5 bcm of gas from offshore fields in the South China Sea in the first five months of 2017, up by 21% year on year.

13 June 2017
Global Markets

Indonesian companies to buy Masela gas for power and industry

Indonesian state power company PLN and fertiliser company PT Pupuk Indonesia will purchase gas from the Masela Block development.

13 June 2017
Global Markets

Myanmar energy ministry drafting LNG import laws

Myanmar’s Ministry of Electricity and Energy will draft new laws to cover LNG imports in cooperation with the Myanmar Oil and Gas Services Society.

13 June 2017
Global Markets

Azerbaijan, Russia and Iran working on Unified Electricity Belt

Azerbaijan, Russia and Iran are working on creating a Unified Electricity Belt between the three countries, Russian Energy Minister Alexander Novak said on Sunday.

13 June 2017
Global Markets

Italy opens consultations on new National Energy Strategy

Italy’s energy and environment ministries published the final version of the country’s proposed National Energy Strategy on Tuesday.

13 June 2017
UK Power Reserve is focusing on gas engines and battery storage. (UK Power Reserve) Global Markets

Small-scale gas can better serve electricity market

The rise of gas reciprocating engines in the UK is a positive trend because they are a better fit with renewables than CCGT plants, experts say.

13 June 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.

12 June 2017
Global Markets

Qatar Petroleum moves to reassure customers

Qatar Petroleum has said the company and its subsidiaries have moved to mitigate the impact on its exports of the diplomatic spat with its Middle Eastern neighbours.

12 June 2017
Pipe production for the Nord Stream gas pipeline. (Gazprom) Global Markets

EC presses on with TPA demands for Nord Stream 2

The European Commission is pushing ahead with its attempts to bring Nord Stream 2 under a separate legal framework despite opposition.

12 June 2017
Workers maintain the thermal power station at Takoradi, Ghana. (Jonathan Ernst, World Bank) Global Markets

US-funded bodies likely to privatise Ghana power

With state-owned Electricity Company of Ghana accumulating debts from consumers to suppliers, privatisation is looking likely.

12 June 2017
Global Markets

Flickers of life in Brazilian gas demand

Brazil's economy is emerging from a severe recession, but it is too soon to say if gas demand is bouncing back.

12 June 2017
Global Markets

Pakistan will still import Qatari LNG despite crisis – minister

Pakistan will continue to import LNG from Qatar despite the breakdown in diplomatic relations between Qatar and other states in the Middle East.

9 June 2017
Global Markets

Snam interested in DESFA tender – Alvera

Italian transmission system operator Snam is interested in taking part in the tender aimed at privatising Greece’s gas network.

9 June 2017
Romanian gas wells. The country has considerable gas and coal reserves. (Petrom) Global Markets

Brussels pressures Romania to integrate gas market

The European Commission has challenged Romania’s grid operator Transgaz over underinvestment in infrastructure that it says may prevent exports to neighbouring countries.

9 June 2017

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