Exploration & Production

Latin American drilling hits record low

Gas-focused drilling in Latin America continued its decline in March. There were 17 rigs drilling for gas in the region – the fewest number since records began in 1995.

By Chris Noon 27 April 2017
LNG

North Asian spot LNG prices keep on falling

Spot LNG prices among the major importers in northern Asia continued to decline last week, falling by 3.01% compared with the previous week.

11 April 2017
LNG

Argentina plays it safe on winter LNG

Buenos Aires has lined up 50 LNG cargoes for delivery over the colder months to ensure Argentines will stay warm during the winter.

10 April 2017
LNG

Japan’s LNG imports up 10% in February

Japanese LNG import volumes increased by 10% year on year in February, while South Korea saw 2% growth.

10 April 2017
LNG

Asia Pacific’s share of global LNG market growing

Asia Pacific saw both its exports and imports of LNG rise in 2016, contributing significantly to the 7.5% global growth in LNG trading.

6 April 2017
Global Markets

End of heating season boosts SHPGX trading

Piped gas transactions on the Shanghai Petroleum and Gas Exchange more than doubled in March, to 949 MMcm.

6 April 2017
Policy & Regulation

Renewables progress hits fossil fuel use

The expansion of renewable energy sources over the last decade prompted an 11% cut in fossil fuel use across Europe in 2015.

5 April 2017
LNG

Northeast Asian spot LNG prices drop 16% in March

Spot LNG prices for major importers in Northeast Asia fell by an average of 16.6% in March from the previous month.

5 April 2017
Pipelines, Storage & Power

Labour disputes disrupt GreenStream gas exports

GreenStream delivered 60.4% less gas than the previous week as a result of the disruption.

4 April 2017
Exploration & Production

No big-league wins if Trump cuts fracking red tape

Opening up US federal land to fracking may lead to only modest gains in gas production, according to industry data.

3 April 2017
LNG

India drops domestic gas price by 1%

India has lowered its domestic gas price despite companies complaining they are unable to make a profit under the previous price.

3 April 2017
Exploration & Production

Algeria offers prospecting licences to IOCs

Algeria's oil and gas licensing agency will commission two studies to assess prospectivity in the north and south of the country, which it hopes will de-risk the acreage and convince IOCs to invest.

31 March 2017
LNG

SE Asia sees bumper LNG demand in early 2017

Southeast Asian LNG buyers have started the year with strong growth in imports.

30 March 2017
Alternative Fuels

Global wind power grows by 20% in 2015

A total of 64 GW of wind power was installed worldwide in 2015, around 20% more than the year before.

29 March 2017
LNG

SHPGX pipeline trades double week on week

Pipeline transactions on the Shanghai Petroleum and Gas Exchange more than doubled last week from the previous week, from 127 MMcm to 287 MMcm.

29 March 2017
Supply & Demand

Italian contracts keep African flows to Europe high

After a slight drop in Week 11, pipeline deliveries from North Africa to Europe ticked up by 1.1% in Week 12, to 912.6 million cubic metres.

28 March 2017
Supply & Demand

Asian LNG prices slump to lowest this year

Asian spot LNG prices slumped by 10.3% last week from a week earlier, the biggest week-on-week decline since January 2016.

28 March 2017
Exploration & Production

Gas surpasses coal in UK power market

Gas overtook coal as the UK’s main source of electricity generation in 2016.

27 March 2017
Exploration & Production

Argentina’s explorers chase gas, not oil

Upstream activity has waned in Argentina, according to ministry data. But the numbers tell another story – it is more gas-focused than ever before.

27 March 2017
LNG

Russia plans to boost LNG output

If realised, Russia’s plans for new liquefaction projects could see the country become the world’s fourth-largest LNG producer in 10 years’ time.

23 March 2017
Global Markets

Turkey’s gas consumption continues to fall

Gas consumption in Turkey has been falling over the last couple of years after a sustained period of growth.

22 March 2017

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