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Slovakia must strengthen its energy security says IEA report

Slovakia has achieved impressive results in meeting its energy efficiency targets over recent years but needs to do more to strengthen its energy security according to a review of the country's energy policy released by the International Energy Agency (IEA) this week

9 February 2012
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Court to rule on Italgas appeal

A court in the central Italian region of Lazio will rule within seven days on gas distributor Italgas’ appeal against the municipality of Rome’s decision to reassign gas distribution services, Il Sole 24 Ore reported on Wednesday.

9 February 2012
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Indonesia negotiating with Sempra over LNG allocation

The Indonesian government is negotiating with United States-based Sempra Energy to take back over 75% of the 3.7 mtpa of LNG allocated to the company, oil and gas regulator BPMigas told The Jakarta Post on Wednesday.

9 February 2012
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Repsol-YPF CEO meets with Argentine officials

Repsol-YPF Chief Executive Antonio Brufau met with officials from President Cristina Fernandez’s administration on Tuesday to discuss growing political pressure on the company to raise oil and gas output.

8 February 2012
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Sinopec’s Sichuan-Shanghai Pipeline transmits 10 bcm

Sinopec announced on Tuesday that its Sichuan-Shanghai Gas Pipeline (SSGP) has transmitted more than 10 billion cubic metres since it started operations in 2009.

7 February 2012
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Kuwaiti political friction will hold back reform

Following the parliamentary elections in Kuwait on 2 February, friction between the elected parliament and the appointed government will continue to weigh on the reform agenda and hamper political effectiveness, Fitch Ratings said in a statement on Tuesday.

7 February 2012
Environment

Funding hampers EU’s push for a greener India

EU’s upcoming summits with India and China will address pressing issues such as energy efficiency and clean coal developments, but the task to advocate green technologies will be daunting unless larger funds are allocated to projects.

7 February 2012
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Producers feel heat in Argentina as subsidies fail again

The Argentine government asked oil and gas companies in the country on Friday to operate fields at full output.

6 February 2012
Markets

MET increase to impact Gazprom profits on Russia market

This year’s increase in the natural resources extraction tax (NRET) on gas will reduce Gazprom’s profits on Russia’s domestic market, Gazprom said in a statement following a board of directors m

6 February 2012
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BC LNG Export’s licence approved

Canadian energy regulator the National Energy Board (NEB) has approved BC LNG Export’s application for an LNG export licence from Kitimat in British Columbia.

6 February 2012
Markets

Huhne steps down

Chris Huhne has stepped down from his position as the UK’s energy secretary following a criminal charge of perverting the course of justice, the Guardian reported on Friday.

3 February 2012
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Russian Energy Ministry submits Eastern Gas Programme

Russia’s Energy Ministry submitted its Eastern Gas Programme to the government at the end of last year, Deputy Energy Minister Sergei Kudryashov told reporters on Thursday.

2 February 2012
Environment

Argentina mulls tougher shale gas regulations

Shale drillers in Argentina’s Neuquén province could face tougher water use guidelines under the looming reform of local water rights.

2 February 2012
Markets

Indian committee recommends raising gas price to $7/MMBtu

An Indian government committee has recommended raising the regulated price of domestic gas to $7/MMBtu in 2014, from the current $4.2/MMBtu, the Financial Express reported on Thursday.

2 February 2012
Environment

Woodside Petroleum accused

An environmental group in north-western Australia has accused Woodside Petroleum of illegally drilling for gas at James Price Point last year.

1 February 2012
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Japan unhappy with Chinese E&P in the East China Sea

Japanese officials have protested over the apparent Chinese development of the Kashi gas field in the East China Sea, the Manichi Daily reported on Wednesday.

1 February 2012
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Gazprom violates Russia’s competition regulations

Russia’s Federal Anti-Monopoly Service (FAS) on Wednesday issued a statement saying that Gazprom violated Russia’s competition regulations by refusing access to its gas transport system to Realgaz.

1 February 2012
Markets

Turkey takes Iran to international arbitration

Turkey has taken Iran to international arbitration over the price paid for gas imports, Reuters reported Turkish Energy Minister Taner Yildiz as saying on Tuesday.

1 February 2012
Markets

Hungarian prosecutors drop MOL bribery case

Hungary’s Chief Prosecutor’s Office has closed the investigation into alleged bribery at Hungarian oil and gas company MOL due to a lack of evidence, although the Croatian side of the inquiry will

31 January 2012
Markets

Commission approves Russian gas, petrochemicals development plan until 2030

Russia’s Government Commission on the Fuel and Energy Complex has approved the main provisions of a plan to develop the gas chemical and petrochemical industries in Russia until 2030, which was developed by the Ministry of Energy, the ministry said in a statement.

31 January 2012

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