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

Tarim Oilfield’s gas to WEP 1 hits 191 bcm

PetroChina’s Tarim Oilfield unit in Xinjiang has supplied 191 billion cubic metres of gas to the first West-East Pipeline since the pipeline went online in 2004.

2 August 2017
Global Markets

Philippines/China joint exploration may violate constitution

The Philippines will violate its constitution if it goes ahead with a joint venture with China to explore the West Philippine Sea, according to one of the country's Supreme Court Justices.

2 August 2017
Global Markets

India’s LPG subsidy cuts spark outrage

Cuts to LPG subsidies in India have caused political uproar, but Petroleum Minister Dharmendra Pradhan has called the move a "rationalisation".

2 August 2017
Officials from China’s NOCs meet their SHPGX counterparts, September 2016. (Shanghai Oil and  Gas Trading Center) Global Markets

CNOOC teams up with SHPGX to boost LNG sales

A new initiative on the Shanghai Petroleum and Gas Exchange has boosted the amount of LNG traded as well as the participation of smaller players.

2 August 2017
Global Markets

Chinese LNG prices climb after torrential rain

Chinese wholesale LNG prices averaged RMB 3,111/t last week, up by 0.74%, in response to flooding from torrential rain in the city of Yulin in the northern province of Shaanxi.

2 August 2017
Global Markets

Japan calls on China to pull rigs from disputed region

Japan has called on China to cease the apparent deployment of drilling rigs in an area where the maritime boundary separating the exclusive economic zones of the two countries has not been agreed upon.

1 August 2017
Global Markets

Former petroleum minister to take over as Pakistan’s prime minister

Pakistan’s former Petroleum Minister Shahid Khaqan Abbasi is poised to become the country’s new prime minister following the ousting of Nawaz Sharif over corruption charges.

1 August 2017
Global Markets

African pipeline exports to Italy fall for second week

North African pipeline exports to Europe fell by 16.8% in Week 30, as deliveries to Italy dropped for the second consecutive week.

1 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.

31 July 2017
Global Markets

Japanese and Indian demand boosting Asian LNG spot prices

Asian LNG spot prices are remaining buoyant as a result of increasing demand from Japan and India.

31 July 2017
The Trans-Adriatic Pipeline in Greece. The changes to BRUA may see Romania seek to connect to TAP. (TAP) Global Markets

Shorter BRUA may hit supply diversity/Black Sea gas

Hungary’s proposal to stop the BRUA pipeline from extending into Austria could keep it from helping with supply diversity in the region.

31 July 2017
Global Markets

Japan’s balance of trade recovers in 2017

Japan has posted a trade surplus for nine out of the past 12 months as the cost of importing crude oil and LNG have declined, helping to cut spending on imports.

31 July 2017
Global Markets

Nitrogen blights Mexican gas output

The contamination of Mexico’s offshore gas with injected nitrogen poses a problem for its commercialisation.

31 July 2017
Global Markets

Vietnam halts oil exploration following Chinese threats

Vietnam has halted oil exploration in Block 136-03, ostensibly following a request from China.

28 July 2017
Global Markets

CNPC resumes Zizhou operations following heavy rain

China National Petroleum Corp. is gradually resuming operations at the Zizhou gas field in Shaanxi province following heavy rain that shut down facilities there.

28 July 2017
Global Markets

Philippines’ DOE releases power sector plans

The Philippine Department of Energy has produced a firm vision for the country’s power sector.

28 July 2017
Global Markets

Latin American drilling activity hits new record low

Gas-focused drilling ticked down in Latin America again during June, to the lowest level since records began in 1995.

28 July 2017
Pipeline maintenance in Canada. (TransCanada) Global Markets

NEB continues project approvals as closure is advised

Time may be running out for Canada’s National Energy Board, with two other agencies having been recommended to take its place.

28 July 2017
The Tesla Model X. The UK will ban the sale of new petrol and diesel cars from 2040. (Tesla) Global Markets

Gas ruled out from powering UK’s new electric cars

The UK’s ban on new fossil fuel-powered cars from 2040 will increase power demand, but new generation will mainly come from renewables, analysts say.

27 July 2017
Global Markets

Vista to make first Mexican energy IPO in August

Vista Oil & Gas will make an IPO on Mexico’s stock exchange on 11 August.

27 July 2017

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