Policy & Regulation

Markets

Details of China's gas pricing reforms trickle out

China's natural gas pricing structure may undergo changes that will see the price of gas pegged to a basket of other fuels and determined by the transmission distances, the state-controlled China Securities Journal reported on Monday citing unnamed sources.

6 December 2011
Markets

Russia’s two-tier pricing headache

With cheap gas from independent producers putting pressure on Russia’s regulated tariff, will the government be able to meet its long-awaited export netback parity targets by 2015?

2 December 2011
Environment

Aussie Senate committee urges more CBM regulation

The Australian government should delay on giving any additional approvals for coal-bed methane (CBM) production in part of the south-eastern Murray-Darling Basin until the Queensland state government completes a regional review of how CBM drilling affects water resources, a federal Senate committee has said.

2 December 2011
Environment

Aussie LNG exports may offset carbon tax benefit for gas

Australia’s new carbon tax would have made gas-fired power cheaper than coal, but LNG exports from the country could increase gas prices to such an extent that the overall impact may be minimal.

1 December 2011
Upstream

Bolivia’s key Margarita field requires light-touch regulation

The imminent launch of a new production phase at Repsol YPF’s giant Margarita gas field in Bolivia will provide a much-needed boost to the country’s stagnating gas output. However, analysts polled by Interfax have said that deeper regulatory reform will be needed to sustain the investment drive.

1 December 2011
Upstream

Russia-EU Permanent Partnership Council

Russia's Energy Ministry will hold the sixth meeting of the Russia-EU Permanent Partnership Council (PPC) on Energy on Thursday, the ministry said in a statement on Wednesday.

30 November 2011
Markets

French court annuls gas price freeze in victory for GDF Suez

France’s higher court, the Conseil d’Etat, has suspended the gas price freeze imposed by the government at the end of September, after GDF Suez said the decision would generate an estimated earnings shortfall of approximately $399 million.

29 November 2011
Markets

CDU TEK figures show Russia’s dwindling imports of Central Asia gas

Figures from the Russia’s Fuel and Energy Dispatch Centre (CDU TEK) obtained by Interfax demonstrate the shifting relationship Russia has with Central Asian gas producers.

25 November 2011
Upstream

A lot of hot air

There are many theories as to why ExxonMobil signed six oilfield contracts with Kurdistan without, apparently, the consent of either the US or the Baghdad governments, but few provide a satisfactory e

25 November 2011
Upstream

Shtokman licence amended for 2016 launch

The Russian government's fuel and energy commission has approved licence amendments that enable the Shtokman gas condensate field to be brought on-stream in 2016.

25 November 2011
Upstream

EDF Energy

EDF Energy said on Thursday that it welcomed the confirmation by the Infrastructure Planning Commission (IPC) that its application for a new nuclear power station at Hinkley Point in Somerset had been accepted and would now be taken forward for examination.

25 November 2011
Upstream

Libya appoints new caretaker government

Libyan Prime Minister Abdurrahim El-Keib unveiled his cabinet this week, including appointing Abdulrahman Ben Yezza as Oil Minister, as part of a caretaker government that will be in place until national elections next year.

24 November 2011
Markets

China's energy regulator green lights provincial pipeline

The National Energy Administration (NEA), China's energy regulator, has approved plans to begin preliminary work on the third Jingbian-Xi'an Pipeline in Shaanxi Province, the Shaanxi arm of the National Development and Reform Commission (Shaanxi NDRC) said in a newsletter issued on Tuesday.

24 November 2011
Environment

APPEA concerned about competitiveness of Australian gas industry

The Australian Petroleum Production & Exploration Association (APPEA) has warned that the country’s LNG industry is facing serious challenges, which, “if not addressed, could seriously reduce the capture of benefits from expansion and jeopardise successful project delivery and future growth opportunities”, it said in a statement released on T

24 November 2011
Markets

Nuclear debate in Taiwan could have implications for gas

The future of nuclear power in Taiwan, an issue that has dominated the debate on energy between the two main contenders for office in the island's upcoming presidential election, could have implications for the country's natural gas sector depending on the result of the tightly-contested race.

23 November 2011
Upstream

Yemen tightens resource nationalism as Nexen loses Block 14

Nexen’s application to extend its Block 14 production sharing agreement (PSA) has been rejected by the Yemeni government and will expire on 17 December, the Canadian independent said in a statement on Wednesday.

23 November 2011
Upstream

APPEA cautions over possible new coal seam gas regulation

The Australian Petroleum Production and Exploration Association (APPEA) called for caution on Tuesday over a proposed policy change that would require coal bed methane projects to be independently assessed by a committee of scientific experts under the Environment Protection and Biodiversity Conservation (EPBC) Act.

22 November 2011
Markets

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
Upstream

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
Environment

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

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