The Peterhead power plant. Policy & Regulation

UK’s new CCUS measures unconvincing, analysts say

The UK’s Clean Growth Strategy contains measures to develop CCUS technology, but analysts see little that will bring results.

By Silvia Favasuli 20 October 2017
Policy & Regulation

US and Mexico agree Gulf exploration deal

Following nearly forty years of failed negotiations, the United States and Mexico reached agreement on Monday to explore and develop oil and gas reserves along the US and Mexico’s maritime borders in the Gulf of Mexico.

21 February 2012
Policy & Regulation

Calls to fix India’s ‘distorted’ gas pricing system

India’s most active oil and gas companies are calling for a fairer, more transparent and market-based gas pricing system, and the government Planning Commission’s deputy chairman agrees.

20 February 2012
Policy & Regulation

Israel to set up sovereign fund to manage gas profits

Israel’s cabinet is beginning discussions to establish a sovereign wealth fund (SWF) to manage revenues from its giant Tamar and Leviathan gas fields.

20 February 2012
Policy & Regulation

Ministry reveals gas supply limit terms for Russian consumers

Straight after the end of the severe winter weather, the Russian Energy Ministry published an instruction, signed in 2011, regulating gas supply restrictions for industrial consumers. Instruction N652 from 30 December 2011, registered with the Justice Ministry on 6 February, was published on Friday in the Rossiyskaya Gazeta newspaper.

17 February 2012
Policy & Regulation

US Energy Department considering export consequences

The United States Energy Department will not make a decision on future LNG exports until it has considered the consequences of sending gas abroad, Energy Secretary Steven Chu told lawmakers at a Senate energy committee hearing on Thursday.

17 February 2012
Policy & Regulation

UK, France nuclear deal meets with scepticism

France and the United Kingdom signed a nuclear cooperation deal worth more than €500m on Friday, with the UK Government saying that the agreement proves its commitment to nuclear in a “diversified energy mix.”

17 February 2012
Policy & Regulation

Argentine government turns screw on YPF

International and local media have reported that Argentina’s largest oil and gas company YPF has been banned from making foreign trade deals, which would effectively prevent it from importing or exporting hydrocarbons.

16 February 2012
Policy & Regulation

Sichuan cuts WEP II gas prices in bid to ease shortages

Southwest China's Sichuan Province reduced the wholesale price of gas sourced from the second West-East Gas Pipeline (WEP II) at the start of this year following a twice-yearly price review.

15 February 2012
Policy & Regulation

Nigerian government plans to raise electricity tariff

The Nigerian federal government plans to raise the price of electricity by up to 88% in order to incentivise the country’s struggling power sector and attract private investment, the Financial Times reported on Monday.

14 February 2012
Policy & Regulation

Bulgaria and France discuss cooperation in gas and nuclear sectors

French and Bulgarian ministers discussed energy cooperation this week at an EU summit in Paris aimed at exploring opportunities for managing future supply crises and promoting low-carbon alternatives to meeting the continent’s future energy demand.

14 February 2012
Policy & Regulation

EPA’s fracking conclusions spark fierce criticism

An EPA press release has added fuel to an ongoing debate between proponents and opponents of hydraulic fracturing by questioning the validity and purpose of the procedure.

14 February 2012
Policy & Regulation

$13 billion bailout keeps Tepco solvent

The Japanese government will provide Tokyo Electric Power Co. (TEPCO) with an additional $13 billion cash injection amid concerns the struggling utility would be forced to delist from the Tokyo stock exchange.

13 February 2012
Policy & Regulation

War of words between YPF and Argentine authorities

A stand-off between the Argentine authorities and oil and gas company YPF is becoming increasingly hostile, with the country’s provincial governments slapping YPF with an investment deadline.

13 February 2012
Policy & Regulation

China regulators begin inspecting gas imports

China's General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ) completed its first inspection of imported gas, China National Offshore Oil Corp. , the operator of the receiving terminal, announced last week.

13 February 2012
Policy & Regulation

China ratchets up shale gas output forecast for 2020

China's shale gas output could exceed 100 billion cubic metres per year (bcm/y) by 2020, Zhang Dawei, deputy director of the Ministry of Land and Resources' (MLR) Oil and Gas Centre, told Interfax on Monday.

13 February 2012
Policy & Regulation

China's regulators approve clutch of overseas energy investments

The National Development and Reform Commission (NDRC), China's state economic planner, has approved seven overseas oil and natural gas investments made by the country's three state-owned majors

13 February 2012
Policy & Regulation

Govt says Gazprom should get licence to western part of Shtokman

The Russian government has ordered, in a resolution signed by Prime Minister Vladimir Putin, that Gazprom receive a licence for exploration and extraction of resources from the western part of the Shtokman Gas Field in the central part of the Barents Sea.

10 February 2012
Policy & Regulation

EU ups pressure on Myanmar to reveal gas revenues

With the prospects of lifting sanctions on Myanmar from late April, the EU is also putting more pressure on the south-east Asian republic to reveal its revenues from the oil and gas sector.

10 February 2012
Policy & Regulation

Slovakia must strengthen its energy security says IEA report

Slovakia has achieved impressive results in meeting its energy efficiency targets over recent years but needs to do more to strengthen its energy security according to a review of the country's energy policy released by the International Energy Agency (IEA) this week

9 February 2012
Policy & Regulation

Court to rule on Italgas appeal

A court in the central Italian region of Lazio will rule within seven days on gas distributor Italgas’ appeal against the municipality of Rome’s decision to reassign gas distribution services, Il Sole 24 Ore reported on Wednesday.

9 February 2012

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