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

Iraqi parliament votes to stop Kar Group production at Kirkuk

The Iraqi parliament has reportedly voted to request the Oil Ministry stop Kar Group from producing at the Kirkuk field.

9 January 2018
Global Markets

Victoria Oil & Gas Cameroon supply contract not extended

A gas supply agreement between Victoria Oil & Gas and ENEO Cameroon has not been extended because of concerns over long-term payments.

9 January 2018
Calendar with day circled in red 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.

8 January 2018
The first phase of BP’s West Nile Delta project in Egypt. Global Markets

Cairo keeps its options open as production booms

With a number of new fields starting up, Egypt is on course to become self-sufficient in gas over the coming years.

8 January 2018
Global Markets

Indian LNG imports close in on 20 mtpa

The country imported 1.7 mt in October, taking volumes to 14.9 mt over the first 10 months of 2017.

8 January 2018
Global Markets

East Asian LNG imports fall in November year on year

LNG imports fell in Japan and South Korea during November 2017.

4 January 2018
Global Markets

Trucking LNG north boosts Chinese terminal sales

Tianjin’s LNG send-out rate increased by 9.7% in December, to 329 tankers per day.

4 January 2018
Wildervank station, Groningen gas field, Netherlands. Global Markets

Netherlands shifts further away from gas

The Dutch government dealt a blow to the gas industry with plans to phase out gas for heating and support CCS for industry rather than energy producers.

3 January 2018
Global Markets

Chinese LNG prices fall for first time since summer

China’s average ex-works LNG price fell month on month in December for the first time since July.

3 January 2018
Global Markets

Jiaxing lowers citygate prices

Jiaxing, a city in Zhejiang province about 100 km west of Shanghai, has lowered citygate gas prices for non-residential users.

2 January 2018
Global Markets

African pipeline exports end 2017 down year on year

Deliveries of pipeline gas from North Africa to Europe fell in the final two weeks of 2017.

2 January 2018
Shanghai stock exchange Global Markets

China prepares to launch the petro-yuan

Beijing is aiming to reduce the influence of US petrodollars by launching its own oil futures contract denominated in yuan.

2 January 2018
Global Markets

Asian LNG prices high on strong demand

Spot LNG prices in Japan, South Korea, China and Taiwan hit their highest monthly average since November 2014.

2 January 2018
BASF chemical plant in Chongqing. Global Markets

Downstream bears brunt of China’s gas supply crunch

LNG, chemicals and manufacturing have been hurt by China’s botched effort to cut coal use, as authorities diverted gas away from industry for residential heating use.

2 January 2018
Global Markets

Sanctions and funding could delay Russian LNG – Fitch

Western sanctions and funding constraints could delay the progress of Russia’s proposed LNG export projects, Fitch Ratings has said.

22 December 2017
Global Markets

Pakistani power generation up 2.3% in November

Pakistan increased the amount of power it generated by 2.3% year on year in November.

22 December 2017
Global Markets

Liwan 3-1 output hits 10 bcm

Liwan 3-1, China’s first deepwater gas field, had produced 10 billion cubic metres as of 19 December, having started up in April 2014.

22 December 2017
Global Markets

Trinidad’s gas output to rise by 6% in 2018 – Ramnarine

Trinidad and Tobago’s gas production will increase by around 6% in 2018 compared with 2017, according to former Energy Minister Kevin Ramnarine.

22 December 2017
Global Markets

Brazil pre-salt output to continue steady rise – Petrobras

Brazilian pre-salt production will continue to grow steadily, Petrobras forecast in its latest business plan.

22 December 2017
Global Markets

Chile and Colombia boost drilling in Latin America

Gas-focused drilling ticked up in Latin America during November.

22 December 2017

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