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

Dubai gas supply held hostage by low prices

Enhancing resource recovery in the UAE is hindered by low prices, and Dubai, with limited reserves on its own, relies on its neighbours to keep gas flowing. Analysts say there will be no choice but to up energy prices despite its political sensitivity.

16 December 2011
Upstream

India ready to battle China for African assets

After years of losing out to Chinese companies in races for oil and gas assets around the world, India is now focusing on beating its Asian rival in African countries.

16 December 2011
Markets

Hebei Province's Qian'an City to slash retail gas prices

Gas prices in Hebei Province's Qian'an City are set to be slashed after the city started receiving gas from the second Shaan-Jing Natural Gas Pipeline (SJNGP II) last month, Duan Chunan, a Qian'an municipal government official, told Interfax on Friday.

16 December 2011
Markets

Pricing reform could dictate where China sources gas

With an expanding network of pipelines carrying gas from Central Asia and a string of new LNG terminals under construction along China's east coast, industry experts have put forward contrasting perspectives on how China is likely to source the bulk of its imported gas in the coming years.

16 December 2011
Upstream

Shtokman tax to be similar to Yamal if approved - Shatalov

Any tax concessions for the Shtokman LNG project would be similar to those provided for Yamal LNG, Deputy Finance Minister Sergei Shatalov told reporters on Thursday.

15 December 2011
Environment

Local prosecutors sue Chevron and Transocean over oil spill

Chevron’s hopes of picking up future exploration licences in Brazil were dealt a blow on Wednesday, as federal prosecutors in the hydrocarbon-rich Rio de Janeiro state sued the United States company and Swiss-based offshore drilling giant Transocean for 20 billion reals ($10.6 billion) in environmental and social damages relating to a 7 November

15 December 2011
Markets

PGNiG’s action ‘completely justified’, says Polish minister

PGNiG’s efforts to change the price terms of gas supplied to Poland by Russia’s Gazprom are “completely justified”, Polish Minister of Foreign Affairs Radoslaw Sikorski told Interfax in an int

14 December 2011
Markets

France lifts gas price freeze in compromise with GDF Suez

The French government has said that regulated gas prices will rise by 4.4% in the New Year, in a compromise agreement reached with energy firms including GDF Suez.

14 December 2011
Upstream

India keen to bolster relationship with Russia

India’s announcement last week that it had met with Russian officials to express an interest in investing in projects such as Gazprom’s Sakhalin-3 signalled the Asian country’s eagerness to secure Russian gas supplies.

14 December 2011
Markets

France’s gas price debate deepens

French retail gas prices may rise 4.5% next year, as the government seeks to find a compromise with energy firms, French Industry Minister Eric Besson said on Sunday.

12 December 2011
Markets

Henan Province raises residential gas prices in 14 cities

Henan Province has raised residential gas prices in 14 major cities after the local arm of the National Development and Reform Commission (Henan NDRC) pegged retail gas prices to upstream costs earlier this month, the provincial government announced on Monday.

12 December 2011
Upstream

Meet the gas ‘BRICs’

Investors are keen to keep an eye on a number of new economies, which are benefitting from their newfound worth in the oil and gas world.

9 December 2011
Markets

Experts warn of Brussels over-regulation

The EU electricity market is overregulated and has a legal framework that is frequently changing, Michel Cruciani from the Center for Geopolitics and Natural Resources at the Paris Dauphine University

9 December 2011
Upstream

China lowers gas targets in five-year plan

China expects gas production to account for between 7% and 8% of its energy mix by 2015, down from an original target of 8.3%, state media reported on Friday.

9 December 2011
Markets

Jiangxi Province offers subsidies to encourage natural gas changeover

Industrial enterprises using coal gas in Jiangxi Province are being offered an incentive if they switch to natural gas, the Jiangxi provincial government announced on Wednesday.

9 December 2011
Markets

Disparity between hub and oil-indexed pricing ‘unsustainable’

Fair pricing for gas, as with any other commodity, is best achieved through market forces rather than oil-linked contracts, Daniel Laure, senior vice-president for strategy, markets and IT at French m

8 December 2011
Markets

Kazakhstan pushes ahead with oil and gas law

The upper house of Kazakhstan’s parliament approved a draft law on gas and gas supply on Wednesday in an effort to regulate domestic prices and unify the country’s gas supply system

8 December 2011
Upstream

PSC parameters dampen foreign interest in China shale

China may struggle to attract foreign investment into its shale gas sector unless rules over the length of production sharing contracts in the country's energy sector are revised, an industry consultancy said on Wednesday at the second Annual Unconventional Gas Asia Summit in Beijing.

8 December 2011
Upstream

Chevron sweats over Brazil future following oil spill

It is still unclear if the 7 November oil spill in Brazil has damaged United States-based Chevron’s hopes of picking up future exploration licences in the country

7 December 2011
Markets

Russian energy minister urges tax breaks for Shtokman project

Russia’s Energy Minister Sergei Shmatko has said tax concessions should be granted for the development of the giant Shtokman gas field in a bid to quash investor uncertainty over the project’s fin

7 December 2011

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