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, UK and Canada step up sanctions against Iran

The United States, Britain and Canada have enforced new sanctions against Iran’s financial sector on Monday, less than two weeks after the publication of an International Atomic Energy Agency (IAEA) report suggesting Tehran was still developing its nuclear capability.

22 November 2011
Policy & Regulation

Russia to consider shelf exploration programme

The Russian government will consider plans set out by the Natural Resources and Energy Ministry to open up the country's continental shelf for exploration work on 8 December, Natural Resources and Ecology Minister Yury Trutnev told Interfax.

21 November 2011
Policy & Regulation

US states promote use of natural gas vehicles

With natural gas in abundant supply due to access to United States unconventional gas resources, like shale gas; the push to encourage Americans to buy vehicles powered by natural gas (NGVs) is on the increase.

21 November 2011
Policy & Regulation

China's gas-fired power industry profitability in doubt

China’s gas-fired sector is concerned that it cannot make a profit until the price of LNG imports decreases.

18 November 2011
Policy & Regulation

Russian Energy Ministry to review oil-to-gas MET proposal

Russia’s Energy Ministry is reviewing a proposal put forward by the country’s finance ministry to peg the mineral extraction tax (MET) on gas to world oil prices after 2013.

18 November 2011
Policy & Regulation

Natural gas top priority for US Bureau of Energy Resources

Carlos Pascual, the US State Department’s special envoy and co-ordinator for international energy affairs, supports the importance of the role of natural gas in the global energy market.

17 November 2011
Policy & Regulation

Royal Dutch Shell abandons Kurdistan talks - report

Royal Dutch Shell has abandoned talks with the Kurdistan Regional Government (KRG) aimed at developing the region’s oil and gas prospects, the Financial Times reported on Thursday, citing a source familiar with the talks.

17 November 2011
Policy & Regulation

Military occupation of power station causes blackouts across Nigeria

With power down in Nigeria’s capital city of Abuja, the country is once again experiencing extensive blackouts. This time, however, the power cuts are allegedly due to the occupation of Nigerian power stations by government troops.

16 November 2011
Policy & Regulation

Heilongjiang's Mudanjiang City to use natural gas by year-end

Mudanjiang City in north China's Heilongjiang Province will begin consuming gas next month once pre-commission checks are carried out on the first phase of a gas utilisation project, the Mudanjiang municipal government said on Tuesday.

16 November 2011
Policy & Regulation

Indonesia’s BPMigas seeks to fight oil and gas corruption

Indonesian oil and gas regulator BPMigas has signed an agreement with the Corruption Eradication Commission (KPK) aimed at eliminating corruption in the sector and enforcing greater transparency.

16 November 2011
Policy & Regulation

Argentina takes first step to liberalise gas market

Argentina’s government last week raised gas and electricity prices for private industries in a promising step forward for domestic gas market liberalisation. But much bolder action will be needed to nurse the sector back to health.

15 November 2011
Policy & Regulation

Russia, Algeria plan meeting to discuss Third Energy Package

Russia and Algeria, which both provide gas to Europe via pipelines and LNG, plan to meet and discuss their positions on the EU's Third Energy Package at the start of 2012, Russia’s Energy Minister Sergei Shmatko told journalists on Tuesday.

15 November 2011
Policy & Regulation

Cutting US tax breaks would benefit majors – BHP Billiton

Eliminating a United States oil and gas tax break known as intangible drilling cost expensing would only serve to give large international companies a boost over smaller competitors, a BHP Billiton executive said during a call with investors on Monday.

14 November 2011
Policy & Regulation

NSW battle over CBM drilling heats up

The government of New South Wales (NSW) has not cancelled any coal-bed methane (CBM) exploration licences and remains in talks with Santos about its suspended pilot production project, the state Ministry for Resources and Energy clarified on Monday.

14 November 2011
Policy & Regulation

GECF chief Bokhanovsky re-elected for second term

The Secretary General of the Gas Exporting Countries Forum (GECF), Leonid Bokhanovsky, will stay in office for another two-year term, Russian Energy Minister Sergei Shmatko told journalists on Sunday after a GECF ministerial meeting.

14 November 2011
Policy & Regulation

Shaanxi to begin taxing CNG filling stations

The Shaanxi Provincial Pricing Bureau has approved a retroactive tax on vehicular compressed natural gas (CNG) filling stations to offset losses incurred by bus and taxi operators suffering from the rising cost of fuel, a source with the pricing bureau told Interfax on Monday.

14 November 2011
Policy & Regulation

Gas market unresponsive to Iran nuclear report

The International Atomic Energy Agency’s report on Iran this week said there was ‘credible evidence’ the country is developing nuclear weapons, but the threat to the strategic Straits of Hormuz has so far not hit gas prices.

11 November 2011
Policy & Regulation

A vote of confidence in KRG

ExxonMobil has signed six exploration contracts with the Kurdish Regional Authority (KRG), making it the first of the supermajors to venture into northern Iraq. This suggests investment in the KRG may

11 November 2011
Policy & Regulation

The story behind ‘fracking’ earthquakes

Alice Walker, principal seismologist at the British Geological Survey, explains why hydraulic fracturing at Cuadrilla Resources’ Preese-Hall-1 well in Lancashire caused tremors felt by local residents.

9 November 2011
Policy & Regulation

Carbon tax may slow Aussie LNG competitiveness

Australian LNG developers may have to pay up to A$140 million ($144.51 million) per year more than foreign competitors once the carbon tax that cleared the Australian parliament’s upper house on Tuesday kicks in next summer, specialist advisory group Core Energy told Interfax.

8 November 2011

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