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Electoral cycle puts off US-Mexico offshore deal

The ongoing presidential election campaign in the United States is likely to delay joint US-Mexican exploration of the Gulf of Mexico.

18 June 2012
Markets

Australian energy minister rejects domestic gas price caps

Australian Energy and Resources Minister Martin Ferguson confirmed the federal government’s preference for the free trade of energy resources on Monday, stating that calls for intervention in domestic prices would only serve to dampen any appetite for the very investment needed to bring on new gas supplies.

18 June 2012
Environment

Poland vetoes council conclusions on Energy Roadmap

At a meeting of EU energy ministers on Friday, Poland blocked the adoption of an otherwise unanimous conclusion on how the EU should proceed to a low-carbon economy by 2050, EU diplomatic sources said.

18 June 2012
Environment

Uncertainty clouds EU’s energy efficiency deal

The EU agreed on legally binding measures to reach a 17% energy efficiency target by 2020 this week, but there is much uncertainty linked to how the new framework will work in practice.

15 June 2012
Markets

Policy slowing Germany’s energy transition

The implementation of Germany's 'Energiewende' dominated the agenda at the PowerGen Europe conference in Cologne this week, with two industry stakeholders telling Interfax that policy, and not technical issues, were the key obstacles.

15 June 2012
Environment

Landowners to renegotiate terms of their gas leases with Chesapeake

New York state Attorney General Eric Schneiderman has agreed with Chesapeake to allow more than 4,400 landowners to renegotiate terms of their gas leases.

15 June 2012
Environment

Ozenmunaigas may incur penalties for gas flaring

Ozenmunaigas may incur severe penalties for above normal gas flaring because of the shutdown of the Kazakh Gas Processing Plant in Zhanaozen after a fire.

15 June 2012
Markets

Finland to encourage competition and cooperation with EU

The Finnish Ministry of Employment and the Economy published a statement on Wednesday arguing for more competition in the national gas market and cooperation with EU member states, while announcing that a joint LNG project with Estonia is being considered.

14 June 2012
Environment

Finance ministers to debate new energy tax rates

EU finance ministers will debate the planned reform of energy product taxation at their meeting in Luxembourg next week.

14 June 2012
Environment

Marine park plan would ‘severely curtail’ WA oil and gas work

Australian Prime Minister Julia Gillard’s proposal on Thursday to shield around 40% of the country’s waters from oil and gas exploration and commercial fishing has quickly come under fire from Western Australia (WA), where a large portion of the country’s offshore petroleum development is taking place.

14 June 2012
Markets

Commission sets dates for Lithuanian energy company unbundling

The Lithuanian government's National Control Commission for Prices and Energy on Thursday approved a plan to divide up gas company Lietuvos Dujos, which is controlled by Germany's E.On Ruhrgas and Russia's Gazprom.

14 June 2012
Upstream

Lithuania LNG and nuclear power projects will help ensure energy independence

Lithuania’s proposed energy projects will help ensure the country’s energy independence and integration into the European energy market, European Commission Tax Commissioner Algidras Semeta said this week following the announcement of the latest plans for the Klaipeda LNG terminal and Visaginas nuclear power plant.

13 June 2012
Upstream

NSW gives with one hand, takes away with another

The government of New South Wales (NSW) has announced further state funding to encourage investment in the mineral and gas industries.

13 June 2012
Upstream

Gazprom discount delay forcing Bulgaria to raise consumer prices

Bulgaria’s state-owned distributor Bulgargaz has petitioned the national regulator, the State Commission for Energy and Water Regulation (SEWRC), to raise the maximum allowed gas tariff for domestic consumers by 15.73%, with a price decrease for imports agreed with Gazprom in May not yet implemented.

12 June 2012
Upstream

Woodside asked if and when it will sell Pluto gas to WA

Just over a month after completing its Pluto LNG plant, Woodside Petroleum has remained vague about if and when it will follow through with a commitment to sell 15% of its production to Western Australia (WA), a trade group of gas users and producers has charged.

12 June 2012
Upstream

The Basque government’s €1.3 billion ‘bet on gas’

The Basque regional authority wants gas to account for half of Euskadi’s primary energy consumption in 2020, as compared to 42% today, but how does this political goal stack up to economic realities?

11 June 2012
Environment

Reef threatens to derail Gladstone LNG projects

A UNESCO report has expressed “extreme” concern over the “unaddressed” effects of Gladstone CBM-to-LNG developments on Australia’s Great Barrier Reef. The growing environmental advocacy is creating yet another obstacle to the numerous planned projects.

11 June 2012
Environment

Pipeline regulations avoid fracturing analysis

Environmental activists argue that building certain pipelines will encourage a rush of fracking projects in Pennsylvania, and that the full impacts of drilling should be considered.

11 June 2012
Environment

Chinese CBM firm fails environmental review in Zimbabwe

A Chinese company has been ordered to stop CBM exploration in Zimbabwe after failing an environmental impact assessment (EIA).

11 June 2012
Environment

Israeli cabinet approves streamlined planning approval

The Israeli cabinet on Sunday approved a plan to streamline planning approval for gas infrastructure along the country’s coastline, local newspaper Haaretz reported on Monday.

11 June 2012

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