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Southern Caspian Sea resources to be divided by international law – Russian Foreign Ministry

The resources of the southern part of the Caspian Sea will be divided on the principles of international law, the Russian Foreign Ministry’s ambassador at large has said.

20 September 2018
Markets

Europe risks 'Russian energy domination’ – Polish president

Europe is facing a “threat of Russian energy domination”, Polish President Andrzej Duda said on Tuesday.

20 September 2018
Markets

Novatek to move towards hub-linked LNG prices

Novatek will gradually move from oil-indexed pricing for its LNG to hub linkages, Chief Financial Officer Mark Gyetvay has said.

20 September 2018
German Energy Minister Peter Altmaier. Environment

Germany bets on gas to fuel energy transition

Berlin has signalled strong support for piped gas and LNG as a way of helping it move to a low-carbon energy mix.

20 September 2018
Markets

Pakistani economic committee permits gas price rise

Pakistan’s Economic Coordination Committee will allow gas prices to be raised for domestic consumers

19 September 2018
Upstream

Boosting state royalties will not harm Malaysian oil and gas – Shell chairman

Increasing the royalty share taken by Sabah and Sarawak will not harm Malaysia's oil and gas prospects, a Shell executive has said

19 September 2018
Beirut, Lebanon Upstream

Lebanon mulls licensing changes ahead of Round 2

Lebanon may scrap a requirement to secure approvals from its Council of Ministers before the country’s second licensing round.

19 September 2018
The USS Ronald Reagan in the South China Sea Upstream

China and Philippines near deal on South China Sea

Beijing and Manila are getting closer to a final deal for joint exploration in the disputed waters of the South China Sea.

19 September 2018
Markets

UK sees sudden rise in coal-fired power output

High gas prices have boosted coal-fired power output in the UK despite the cost of EU carbon allowances.

19 September 2018
Markets

CNPC and Gazprom to sign SPA for pipeline gas by end of 2018

CNPC and Gazprom will signing a contract for pipeline gas supplies into China’s western region of Xinjiang by the end of this year.

18 September 2018
Markets

Oil and gas drives Indonesian trade deficit to $1.03 bln

Indonesia recorded a trade deficit of $1.03 billion in August, mostly as a result of high levels of oil and gas imports.

17 September 2018
Markets

Bangladesh set to raise gas prices ‘very soon’ – minister

Bangladesh will increase gas prices for industrial users “very soon”, a top official has said.

17 September 2018
Markets

Pakistan committee to consider gas price rise

Pakistan’s Economic Coordinating Committee will meet on Monday to consider raising the price of gas in the country

17 September 2018
Upstream

Vietnam should revise petroleum law to boost exploration – PVN director

The general director of Vietnam Oil & Gas Group has recommended revising the country’s petroleum law

17 September 2018
CNOOC’s Dapeng LNG terminal Markets

CNOOC’s import slot auction gets mixed reception

The winner of China’s first LNG import slot auction will have only a handful of weeks to arrange a cargo to be delivered during the slot window.

17 September 2018
Markets

Ukraine and Nord Stream 2 create risks for Russian gas exports – Central Bank

Russian gas exports could be at risk, the Central Bank of Russia has warned.

17 September 2018
Markets

No-deal Brexit will not change rules of oil and gas sector

A scenario in which the UK leaves the EU without an agreement on trade and other matters will have no effect on the oil and gas business, the UK government said in a statement on Thursday.

14 September 2018
Markets

Sweden confirms Stockholm ruling in Naftogaz-Gazprom dispute

A court of appeal in Sweden has cancelled the suspension of the Stockholm arbitration court’s decision on the gas transit dispute between Gazprom and Naftogaz Ukrainy

14 September 2018
Markets

Australia will fail to meet gas demand from 2028 – Woodmac

Australia will not produce enough gas to meet both its LNG export commitments and its domestic demand from 2028, according to Wood Mackenzie.

13 September 2018
The Deepsea Stavanger offshore rig Upstream

Bangladesh to fix terms ahead of 2019 offshore round

Bangladesh is looking to improve the terms of its production-sharing contracts in the hope of attracting IOCs to its upcoming offshore licensing round.

13 September 2018

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