Global Markets

India's Hazira LNG terminal Market Trading

India could struggle to deliver an effective gas hub

India is pressing ahead with plans to create a hub to provide market prices for gas, but experts question whether it will be able to deliver in the near term.

16 April 2018
Policy & Politics

Philippines and China nearing deal on SCS exploration – minister

China and the Philippines are nearing a deal for joint oil and gas exploration in disputed regions of the South China Sea

13 April 2018
Price Drivers

Syria tensions pushing up crude and spot LNG prices

Tensions in the Middle East have pushed up crude oil prices this week, with a knock-on effect on Asian spot LNG prices

13 April 2018
New Zealand Prime Minister Jacinda Ardern at a press conference in 2017 Fundamentals

Industry blindsided by New Zealand offshore ban

New Zealand’s prohibition on offshore exploration appears to have taken the industry by surprise, but the signs were there.

13 April 2018
Fundamentals

Italy’s small-scale LNG plans advance amid obstacles

Italy plans to have its first small-scale LNG terminal with ship bunkering facility ready in November 2019.

13 April 2018
Fundamentals

New Zealand to stop all new offshore exploration

New Zealand is halting all new offshore oil and gas exploration as part of its efforts to reduce its greenhouse gas emissions.

12 April 2018
Companies

ONGC and Reliance in discussions for Bay of Bengal gas

Indian companies ONGC and Reliance Industries have started discussions with buyers to sell gas from fields in the Bay of Bengal.

12 April 2018
Companies

Indian consortium wins licence to explore offshore Israel

A consortium of four Indian state-owned companies has been awarded a licence to explore for oil and gas in Israeli waters

12 April 2018
Policy & Politics

US energy secretary to visit India

United States Energy Secretary Rick Perry will travel to New Delhi next week to discuss the future of the US-India energy relationship

12 April 2018
A Petrobras rig exploring offshore Brazil Companies

Exxon returns to Brazil with $2.7 bln spending spree

The supermajor is angling for a second chance at exploration success in Brazil after a fruitless campaign in 2012.

12 April 2018
Fundamentals

Pakistan’s LNG imports up but still below capacity

Pakistan imported eight LNG cargoes in March, but the country’s second terminal is still not operating at capacity.

12 April 2018
Policy & Politics

Ukraine will not accept 10-15 bcm/y of Russian gas – Nasalyk

Kiev is not satisfied with Gazprom's proposal to transit up to 15 bcm/y of Russian gas via Ukraine after 2019, Ukrainian Energy Minister Ihor Nasalyk says.

11 April 2018
Companies

Total buys Cobalt’s Gulf of Mexico assets

Total has purchased several assets in the Gulf of Mexico for around $300 million as part of Cobalt International Energy’s bankruptcy auction sale.

11 April 2018
Companies

Sinopec subsidiary eyes US copper

Sinopec’s subsidiary in the United States is purchasing copper to send to its equipment suppliers in China, a rare move by a Chinese NOC.

11 April 2018
Fundamentals

US dry gas production set for new highs

Dry gas production in the United States will break records in 2018 and 2019, according to forecasts by the US Energy Information Administration.

11 April 2018
Fundamentals

China and US expected to deepen energy ties despite spat

China’s energy ties with the United States are set to deepen even as a trade spat between the world’s two largest economies roils financial markets.

11 April 2018
Companies

Qatar looking to invest in Exxon’s US shale resources

ExxonMobil is in talks with Qatar over a possible deal for the country to invest in the company’s shale gas resources in the United States

11 April 2018
Fundamentals

PetroChina subsidiary sets new sales record

PetroChina’s eastern sales subsidiary sold 4.32 billion cubic metres of gas in March.

11 April 2018
Companies

Indian companies eye Qatari exploration and LNG project

India’s Petronet LNG wants to partner with Oil and Natural Gas Corp. to farm in to an upcoming exploration and LNG project in Qatar.

11 April 2018
Fundamentals

Ghana owes Nigeria $160 mln for gas

Ghana’s government is reported to owe $160 million to N-Gas.

11 April 2018

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