Angolan President João Lourenço at his inauguration in 2017 Upstream

Angola fires first salvo of petroleum reforms

The first significant piece of legislation passed under Angola's new president will speed up the country's licensing process.

By Felix Janvrin 17 April 2018
Upstream

Anadarko gets green light for new Utah wells

The United States Department of the Interior (DOI) has given Anadarko Petroleum permission to drill for more than 150 billion cubic metres of gas on federal land in the Greater Natural Buttes area of eastern Utah. Authorities said the decision will allow the company to develop thousands of wells at minimum risk to the environment.

9 May 2012
Upstream

Aussie budget fears unfounded, but taxes remain a concern

Speculation leading up to Tuesday’s release of the Australian Labour government’s 2012-2013 budget that the energy and resources industries would be hit with significant tax changes, has proved to be unfounded.

9 May 2012
Environment

Greater Natural Buttes project poised for approval

Anadarko Petroleum’s $10 billion gas project in Utah’s Greater Natural Buttes area is poised to win United State Department of the Interior approval tomorrow, according to a Bloomberg source.

8 May 2012
Markets

Resource nationalism – it’s the way you do it

If you prefer logic to coincidences, you won’t be surprised that Latin American governments are calling for a bigger slice of the energy pie just as oil prices return to pre-crisis levels.

8 May 2012
Upstream

The rules of engagement in Vietnam

PetroVietnam’s monopoly does not appear to have been a deterrent for foreign investors, particularly in the upstream sector. (PetroVietnam)

8 May 2012
Markets

Hollande seeks an energy policy to please allies

François Hollande’s energy, climate change and environmental policies could, in theory, make or break political alliances, and undermine his relationship with the unions.

8 May 2012
Environment

Commission to present renewables report in 2012

Most EU countries are on track to meet their renewable energy target for 2020, a senior European Commission official said on Friday.

8 May 2012
Environment

Japan's last nuclear power station to shut-down permanently

Japan is to shut-down the last nuclear power station this weekend, leaving the country without any reactors online for the first time since the 1970s.

4 May 2012
Markets

FTS approves 10% price allowance for gas supplied from Gazprom

Russia's Federal Tariff Service (FTS) management board has approved a 10% price allowance, within which the state-owned group can set the price for gas supplied by Gazprom, effective from 1 July, the FTS said in a statement on Friday.

4 May 2012
Markets

Beijing touts private investment to chip away at monopolies

Beijing’s push to boost private investment in the Chinese energy sector is intended to limit monopolies by state-owned companies in the gas sector, industry experts told Interfax on Friday.

4 May 2012
Upstream

Santos opposes subsidised gas despite looming domestic shortage

Santos has hit back at suggestions that the eastern seaboard should follow Western Australia’s (WA’s) lead and set aside a percentage of gas supply for domestic consumption. The issue has come to the forefront amid fears that the high prices commanded by new LNG export facilities in Queensland will prove too tempting for producers and lead to a

4 May 2012
Environment

Bidding zone resizing may help fight unplanned power flows

The splitting of the German bidding zone for power transmission capacities into smaller units may help provide a short-term solution to the problems caused by unplanned electricity flows mainly from North Germany which have threatened the stability of electricity grids in Central Europe, a top European Commission official said last week.

3 May 2012
Markets

Ningxia delays gas price hike

Central China’s Ningxia Hui Autonomous Region will delay a planned hike of retail gas prices for natural gas-powered vehicles (NGVs) to 15 May, an official with the Ningxia pricing bureau confirmed to Interfax on Thursday.

3 May 2012
Markets

Gazprom’s cancelled NRET breaks compensated by tariff hikes

The cancellation of Gazprom’s infrastructure property tax breaks will be compensated by an increase in gas transit tariffs by roughly 8.2% within seven years, Russian Deputy Finance Minister Sergei Shatalov said following a government meeting this week.

3 May 2012
Markets

Jordan's first nuclear power plant 'could cost $9.8 bn'

The World Nuclear Association estimates that the cost of Jordan’s first nuclear power plant could hit $9.8 billion, not counting financing and decommissioning costs, The Jordan Times reported on Tuesday.

2 May 2012
Markets

NRET for Gazprom will rise gradually, says Russian government

The Russian government-approved hikes in the Natural Resource Extraction Tax (NRET) for gas will roughly align the tax for Gazprom and independent producers from 2013 to 2015.

2 May 2012
Markets

Tepco faces battle on rate-hike

Embattled Japanese utility Tepco has suffered another setback this week, with the Japanese media learning that over 50% of large industrial users have rejected its proposed 17% rate hike.

2 May 2012
Environment

NSW rallies against CBM as report urges continued exploration ban

With submissions to the New South Wales (NSW) government’s draft strategic regional land use policy due by Thursday, more than 6,000 farmers and residents from across the state gathered in front of Parliament House in Sydney on Tuesday to air their concerns over the effects of the CBM industry on prime agricultural land.

2 May 2012
Markets

Regulation changed for injured North Sea workers

The UK’s Health and Safety Executive has introduced new regulation saying that injuries in the North Sea need only be reported if they cause workers to be out of action for more than seven days, according to an article in The Guardian on Friday.

30 April 2012
Environment

Industry awaits federal land fracking rulebook

United States President Barack Obama’s administration is set to propose the first rules governing hydraulic fracturing (‘fracking’) on federal land. How tough will they turn out to be?

30 April 2012

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