Grain LNG terminal. The UK’s carbon floor price has helped gas gain market share from coal. (Flickr/National Grid) Policy & Regulation

ETS price too low for LNG to crowd out coal in power

LNG import prices in Europe have dropped sharply but will still rely on a boost in carbon prices to compete with coal in power generation.

By Andreas Walstad 22 June 2017
The Department of Climate Change plans to introduce an Emissions Performance Standard set at 450g CO2/kWh, which will be continually reviewed. (PA) Policy & Regulation

UK electricity market reform – what does it mean for gas?

Gas will continue to play a central role in UK energy policy but with the introduction of CCS, its longer term future is uncertain.

1 August 2011
Policy & Regulation

Iraq parliament threatens to push through new oil and gas law

Iraq's parliament on Sunday warned the government it would force through the latest draft of the oil and gas law if the cabinet continues to delay sanctioning of the original legislation, Reuters reported.

1 August 2011
Policy & Regulation

US proposes tight cap on fracking emissions

The US Environmental Protection Agency (EPA) has proposed new rules aimed at drastically cutting emissions from hydraulically fractured gas wells and set tougher standards on emissions from gas transmission and storage.

29 July 2011
Policy & Regulation

Change to Venezuelan E&P contract may benefit Eni

The legal terms of an exploration and production contract between Venezuelan state-owned company Petróleos de Venezuela (PDVSA) and Eni have changed, with an analyst claiming that the new terms are more favourable to the Italian giant.

29 July 2011
Policy & Regulation

Venezuela: healthy outlook?

If Hugo Chávez’s illness forces him to withdraw from Venezuelan politics, it may spell opportunity in a country which has the world’s ninth largest proven gas reserves, writes Chris Noon.

29 July 2011
Policy & Regulation

Ukrainian ex-president summoned to court as witness in Tymoshenko case

Ukrainian former President Viktor Yushchenko has been summoned to Kiev’s Pechersky District Court as a witness in the trial of former Prime Minister Yulia Tymoshenko.

29 July 2011
Policy & Regulation

Libyan instability continues to affect Eni profits

Italian group Eni’s net profit in the second quarter fell by 31% year-on-year, as the continuing shut-in of its Libyan production hurt earnings.

29 July 2011
Policy & Regulation

El Paso seeks permission to launch Ruby pipeline

US gas transportation company El Paso Corporation has asked for regulatory approval to begin operating its new 1.5 billion cubic feet per day (42.5 million cubic metres per day) Ruby pipeline in the western United States on Wednesday, according to a news report today.

26 July 2011
Policy & Regulation

Future for shale gas in South Africa ‘uncertain’ as government ban remains

The South African energy ministry has given “no indication” of when the moratorium on shale drilling in the Karoo Basin will be lifted, Daniel Mikes, a sedimentologist in the department of Earth Sciences at South Africa’s Stellenbosch University told Interfax exclusively.

25 July 2011
Greenpeace activists hold a banner that reads Policy & Regulation

Which way for Turkey?

Damian Arnold suggests that Turkey’s government must use its new term to make crucial decisions on the future of the country’s energy policy.

25 July 2011
Policy & Regulation

Russian environmental agency to review Shtokman field

The Russian Federal Service for Supervising Natural Resources (Rosprirodnadzor) has approved a plan to conduct a comprehensive survey of the Shtokman gas condensate field in the Barent Sea, Rosprirodnadzor said on Friday.

25 July 2011
Policy & Regulation

Total secures Russian tax coup

Shares in French company Total traded up today after the Kremlin approved a significant tax break for oil and gas firms today.

22 July 2011
Policy & Regulation

Australia’s NSW sets tough fracking rules

The Australian state of New South Wales (NSW) has extended its moratorium on hydraulic fracturing, known as fracking, to the end of the year and imposed tougher rules on coal and coal seam gas mining, the state’s Ministry for Resources and Energy said on Thursday.

22 July 2011
Policy & Regulation

India approves $7.2 bn BP-Reliance deal

The Indian Ministry of Finance has given its nod of approval to the proposed $7.2 billion exploration and production partnership between India’s Reliance Industries and the UK’s BP, clearing the way for the deal to go through, according to a local news report on Wednesday.

21 July 2011
Policy & Regulation

Eni’s Indian exploration awaits environmental approval

Italian oil and gas major Eni’s push to begin exploring for oil and gas in the Indian region of Rajasthan has been bogged down by environmental concerns and significant delays in approval from the country’s Ministry of Environment and Forests, according to local news reports.

19 July 2011
Policy & Regulation

Israel hurries to bring Noa North gas field onstream by 2012

United States-based Noble Energy and Israel's Delek Group will submit a plan to the Israeli Ministry of Infrastructure for the development of the offshore Noa North gas field in the next few days.

19 July 2011
Policy & Regulation

Italy calls for a stronger support of EU regulator ACER

The intrigue around the ’division of power’ between national governments and European Union institutions is one of the key trends influencing current developments in European energy policy.

19 July 2011
Policy & Regulation

China considers expanding resource taxes

The State Administration of Taxation (SAT) submitted a plan to the State Council, China's cabinet, to expand resource taxes, state media reported today.

18 July 2011
Policy & Regulation

Petrobras to slash gas prices as inflation bites

Brazilian energy giant Petrobras said in a statement on Thursday that it will lower gas prices in August when contracts are eligible for adjustment.

15 July 2011
Policy & Regulation

Latest UK government energy market reforms encourages gas-fired power investment

Chris Huhne, the UK’s energy secretary, introduced radical reforms in Parliament on Tuesday, with the government’s White Paper Electricity Market Reforms, offering new proposals on feed-in tariffs, capacity mechanisms, and emissions performance standards.

13 July 2011

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