Policy & Regulation

Muhammadu Buhari addresses the UN Markets

Nigerian elections could delay petroleum sector reforms

Nigeria is set to pass new legislation on its oil and gas sector, but significant hurdles to reform still remain.

11 April 2018
Markets

Naftogaz welcomes Merkel’s position on Nord Stream 2

Naftogaz Ukrainy has welcomed German Chancellor Angela Merkel’s recent statement on the Nord Stream 2 pipeline.

11 April 2018
The Incheon LNG terminal in South Korea Markets

Gas demand to ebb and flow in South Korea

South Korea’s new gas forecast sees the country’s demand for the fuel rising to 40 mtpa by 2031 following dips in demand in the middle of the next decade.

10 April 2018
Shale gas drilling in China. Markets

Fuling fortifies Sinopec’s Chongqing market share

Chongqing sourced more of its gas from the local Fuling shale field last year, increasing Sinopec’s share of the municipal gas market.

9 April 2018
An E.On gas-fired power plant in Gönyü, Hungary Environment

EU demand growth boosts optimism on future of gas

Three consecutive years of gas demand growth have spurred renewed optimism that the fuel will play a key role in Europe’s decarbonisation.

9 April 2018
Shell’s deepwater project in the Philippines’ Malampaya field Upstream

China and Philippines near upstream exploration deal

China and the Philippines are progressing talks to jointly develop resources in disputed territories in the South China Sea.

9 April 2018
Markets

Bangladesh considering major gas price hike

Bangladesh’s Ministry of Power has recommended hiking gas prices by up to 300%.

6 April 2018
A US Navy destroyer in the South China Sea Upstream

Gunboat diplomacy on the rise in South China Sea

Rising tensions between China and Vietnam could be China’s way of pushing for joint development of disputed resources in the South China Sea.

6 April 2018
Markets

Lithuania and Ukraine discussing energy projects

Lithuanian Minister of Energy Zygimantas Vaiciunas will meet members of Ukraine’s government in Kiev this week.

5 April 2018
Markets

Pakistan’s gas sector attracts attention of IOCs

Pakistan has more LNG terminals planned than it needs, while its major gas pipelines are making slow progress.

5 April 2018
Upstream

Weather will dictate timing for Groningen phase-out

Dutch Economy Minister Eric Wiebes says he wants to halt production at Groningen by 2030, but the speed of the field's decline will depend on the weather.

5 April 2018
Environment

Emergency declared after Borneo oil spill

The Indonesian port city of Balikpapan declared a state of emergency on Monday following an oil spill and fire off Borneo

4 April 2018
Upstream

Statoil and Lundin granted permission to drill offshore Norway

Norway’s Petroleum Safety Authority has given its approval to Statoil to drill appraisal well 15/3-10 in the North Sea

4 April 2018
Ras al-Khaimah in the UAE. Upstream

Ras al-Khaimah invites exploration bids

The UAE's northernmost emirate has opened bids for its onshore and offshore acreage, and is expected to draw interest from companies already operating in the Gulf state.

4 April 2018
A woman cooks cassava by a gas flare in Nigeria in 2005. Nigeria has made progress on reducing flaring in recent years. Environment

Nigeria trials gas as transport fuel to help curb flaring

Nigeria flares a large amount of gas, but a pilot programme is under way to utilise some of it as CNG for transport.

4 April 2018
Upstream

China cuts shale gas production tax

China has cut the resources tax on shale gas production to 4.2% from the previous 6.0% starting from 1 April

3 April 2018
Upstream

Indonesia set to sign extension for oil and gas blocks

Indonesian Energy and Mineral Resources Minister Djoko Siswanto has pledged to sign a contract this week to extend the development of eight oil and gas blocks

3 April 2018
A gas facility in Papua New Guinea. Upstream

PNG halts gas project approvals ahead of policy overhaul

The reforms being proposed to PNG’s gas policy would not be retroactively applied, but experts say they will slow progress on existing projects anyway.

29 March 2018
Drax power station, UK Environment

The policy patchwork jeopardising EU carbon reform

Stakeholders are calling on Brussels to increase its monitoring of national policies that could undermine reform of the EU ETS.

29 March 2018
Environment

China hits 2020 carbon target ahead of schedule

China met its 2020 carbon intensity target last year, three years ahead of schedule

28 March 2018

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