Exploration & Production

Asia Pacific rig numbers fall to six-month low

The rig count fell in four Asian countries last month, with drilling activity at its lowest level since last September

By Andrew Walker 20 April 2018
Exploration & Production

Nearly 30% of Brazil’s gas is pre-salt output

Brazil's pre-salt layer is expected to account for more than 50% of total hydrocarbon production by 2020, according to state-run Petrobras.

6 July 2015
Policy & Regulation

Six more countries make Paris climate pledges

Only five countries met the deadline for announcing their climate pledges before the Paris conference in December, but over the past month six more have made their commitments.

6 July 2015
Supply & Demand

UK reaches record level of renewable electricity

Renewable electricity generation hit a record 21.1 TWh in Q1 2015, an increase of 15% on the same period a year earlier.

3 July 2015
EU Energy Policy

EU carbon prices to stay below €20/t until 2030

The average price for EU carbon allowances is expected to stay far below the level needed to spur development in clean technologies up to 2030, according to a PwC report.

2 July 2015
LNG

Lower prices give India’s gas market a boost

India’s gas sales have grown substantially since April, when the government revised the domestic gas price from $5.05/MMBtu to $4.66/MMBtu.

2 July 2015
LNG

Chinese wholesale LNG prices stop falling

Chinese wholesale LNG prices from domestic plants rose by 0.38% last week compared with the previous week.

1 July 2015
EU Energy Policy

Capex in EU utilities sector to fall 25% by 2017

Capital expenditure in the European utilities sector is expected to fall by around 25% between 2010 and 2017, according to a report released this week.

1 July 2015
Supply & Demand

H1 pipeline deliveries to Europe fall by 8%

North African pipeline deliveries to Europe were 8% lower in the first half of 2015 than in 2014.

30 June 2015
LNG

Further slump in Asian spot LNG prices

Asian spot LNG prices fell further last week, and were down by 1.84% from the previous week, as the market looked fragile on the demand side.

30 June 2015
Supply & Demand

Latin American gas – the next five years

Latin America’s supply of and demand for gas are set for slower growth over the next five years, according to the International Energy Agency.

29 June 2015
EU Energy Policy

Belgium risks power shortage in September

Belgium may need to import more electricity than it is physically able to in September, if a worst-case scenario of maintenance work and low renewables production materialises.

29 June 2015
Supply & Demand

Groningen cap to increase Dutch gas imports

The decision by the Dutch government to cut production from the giant Groningen field will likely increase the country’s dependence on gas imports.

26 June 2015
LNG

PNG LNG revenue exceeds $4 billion in first year

Papua New Guinea LNG earned more than $4 billion in revenue in its first year of operations by selling the fuel to Japan, China and Taiwan.

25 June 2015
LNG

Malaysia’s LNG export earnings slump in April

Malaysia’s earnings from LNG exports fell to $883 million in April – the first time monthly revenues have fallen below $1 billion in more than a year.

25 June 2015
EU Energy Policy

Slow recovery expected for German power prices

Low prices for coal and carbon allowances, coupled with the renewables expansion and subdued demand, continue to depress German wholesale electricity prices.

24 June 2015
LNG

Chinese wholesale LNG prices still sliding

Chinese wholesale LNG prices slid by 0.32% last week from the previous week.

24 June 2015
Supply & Demand

GreenStream volumes decline for third week

North African pipeline deliveries to Europe fell by 2.3% in Week 25 as volumes through GreenStream dwindled for the third week in a row.

23 June 2015
Supply & Demand

Asian CIF prices plunge to less than $7/MMBtu

Spot LNG prices for buyers in northeast Asia dipped below $7/MMBtu last week for the first time in 2015 – a record low not seen since before March 2011.

23 June 2015
Supply & Demand

Latin America’s bear market bonanza

Brazil, Mexico, Argentina and Chile have already saved around $1 billion in the first few months of 2015 on gas imports, despite importing record volumes.

22 June 2015
LNG

Europe’s FSRU projects at a glance

Europe is expanding its floating regasification capacity. Interfax takes a look at the planned and existing FSRU projects across the continent.

22 June 2015

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