A public hearing on the revised EU Gas Directive in ITRE. Markets

EU debate on gas pipeline directive heats up

The debate on whether to extend the EU Gas Directive to cover pipelines coming from third countries such as Russia has intensified.

By Andreas Walstad 23 February 2018
Markets

Myanmar’s gas revenues boosted by higher prices

Myanmar’s exports of gas netted the country approximately $2.94 billion in the first 11 months of the fiscal year, according to various local media reports.

7 March 2012
Upstream

Houston, shale gas has a PR problem

Oil company executives at the CERA Week conference called on the industry to secure public acceptance for shale oil and gas development.

7 March 2012
Markets

China will expand natural gas pricing reform this year

China plans to proceed with pricing reforms in the energy and resource sectors this year, the National Development and Reform Commission (NDRC) said in a draft report submitted to the National People's Congress (NPC) in Beijing.

6 March 2012
Markets

Fractious party politics may inhibit US market development

Republicans and Democrats see eye-to-eye on very little, including initiatives that could help lift domestic gas demand. This might prevent energy policy developments that could help balance the market.

6 March 2012
Environment

States take opposing positions on unconventional resources

The government of New South Wales has unveiled a draft land use policy that would significantly tighten restrictions on coal-bed methane production, just days after the government of Western Australia instead opened the door to shale gas drilling.

6 March 2012
Upstream

Israel to build $4 billion per annum SWF by 2025

Between $2 and $4 billion a year in gas revenues will be paid into Israel’s newly proposed sovereign wealth fund (SWF) by 2025, following the start-up of the giant Leviathan gas field, a spokesperson for the ministry of finance told Interfax.

6 March 2012
Upstream

China’s CBM industry faces tricky take-off

Why has China’s coal-bed-methane industry struggled where its American and Australian counterparts have succeeded?

6 March 2012
Upstream

Libya confounds sceptics after civil war

Despite a focus on reviving the all-important oil industry, Tripoli is unlikely to sideline investment plans for the gas sector

5 March 2012
Markets

Impatience over lack of tariff progress

The Irish Commission for Energy Regulation (CER) will introduce a new tariff structure in the 2014/2015 gas year, but details remain unclear.

5 March 2012
Environment

The regulation behind plans for US LNG exports

Under the decentralised US system, Cheniere’s Sabine Pass liquefaction plant is likely to face more regulatory hurdles at state level and in the courts.

5 March 2012
Upstream

Bolivian threats appear to be political posturing

Oil and gas majors still operating in Bolivia are sanguine on the country’s investment climate, despite this week’s threats from President Evo Morales of asset seizures.

2 March 2012
Upstream

Reprieve for YPF as Argentine president tones down rhetoric

YPF, the largest oil and gas company in Argentina, saw its shares surge by nearly 13% on Thursday after the country’s President Cristina Fernandez de Kirchner failed to broach the subject of a potential renationalisation during a speech to Congress.

2 March 2012
Upstream

Right terms needed for Russian Arctic energy

If Russia is to attract the level of Arctic investment needed to help meet its 2020 oil and gas targets, the government will need to work out a viable offshore tax regime as a prerequisite for IOC involvement.

2 March 2012
Markets

US gas prices

The United States Department of Energy will not attempt to control gas prices by revoking LNG export plant approvals, according to a department official quoted by Reuters on Thursday.

2 March 2012
Markets

Anhui Province hikes residential gas prices in six cities

Six cities in east China's Anhui Province have raised residential gas prices, the Anhui Provincial Price Bureau (APPB) announced on Thursday.

2 March 2012
Environment

Parliament's energy committee backs ETS set-aside mandate

As part of a wider debate on energy saving, the European Parliament's Industry and Energy Committee (ITRE) on Tuesday called for the European Commission to strengthen the EU Emission Trading Scheme (ETS), by setting aside the “necessary” amount of emissions allowances for the next phase of the scheme from 2013 to 2020.

1 March 2012
Upstream

Egypt may turn to imports to meet surging gas demand

Egypt, one of North Africa’s largest gas exporters, may be forced to start importing gas in the medium-term if the government fails to address the country’s soaring energy demand.

1 March 2012
Upstream

Gazprom files international arbitration suit against Lithuania

Gazprom has filed for arbitration against the government of Lithuania with the UN Commission on International Trade Law (UNCITRAL) in Vienna, the company said in a statement on Thursday. The company is seeking protection for its investments in the Baltic country due to Lithuania's reorganisation of its gas sector.

1 March 2012
Environment

No respite for Australian LNG from carbon tax amendments

The Australian LNG industry – classed as “moderately emissions-intensive” – will not be affected by the government’s updated rules on free permits for its new carbon tax, while other energy-intensive businesses will now receive nearly 95% of their permits for free in the first year of the scheme.

29 February 2012
Upstream

Israeli gas discoveries may ease East Mediterranean tensions

The development of an offshore gas industry in the East Mediterranean will ease rather than incite tensions in the region

29 February 2012

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