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Libya oil concessions

Libya will not release any new oil concessions until after elections scheduled for June, said Libya’s former oil minister Ali Tarhouni as quoted by a Bloomberg article on Friday.

6 January 2012
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Regulation threatens US LNG ambitions

Potential US energy policy developments, such as new regulations governing fracking, could undermine prospects for future exports

5 January 2012
Markets

Estonia plans further attempts to liberalise its gas market

The Estonian government endorsed amendments to the law on Thursday designed to make the country’s gas market more competitive and reduce dependence on Russian giant Gazprom, according to a report pu

5 January 2012
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Kazakhstan opposition party warns of more instability

The leader of one of Kazakhstan’s main opposition parties, Adilet, has warned that the situation in the troubled town of Zhanaozen in the country’s energy-rich west could further deteriorate, following Wednesday’s announcement that a state-of-emergency be extended in the region.

5 January 2012
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Shandong’s Weihai City links commercial retail gas prices to upstream prices

Weihai, a coastal city in Shandong Province, has linked retail natural gas prices for non-residential use to the cost of purchasing the gas upstream, the Weihai Municipal Pricing Bureau (WMPB) announced on Wednesday.

5 January 2012
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Egypt to increase gas price for energy intensive industries

Egypt is to increase the price of gas sold to energy-intensive industries by 33% in its 2012-13 budget, the country’s finance minister Mumtaz Al-Saeed said in a statement on Sunday.

4 January 2012
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China opens up unconventional energy sector to foreign investment

China has revised its foreign investor guidelines and is opening up its unconventional energy sector to greater foreign participation

4 January 2012
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China to hold second shale gas auction this month

China will hold its second round of auctions for shale gas exploration rights in January after several postponements last year, the state-run China Business News reported on Wednesday.

4 January 2012
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China to pour $18.5 bln into CBM development

China's investment in coal-bed methane (CBM) will amount to RMB 116.6 billion ($18.53 billion) between 2011 and 2015, according to the Chinese government's 12th Five-Year CBM Development Plan released on Saturday.

4 January 2012
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Czech regulator committed to retaining transit importance

The Czech Republic's Energy Regulatory Office (ERO) has outlined the need to ensure a strong north-south axis for gas transit in a bid to maintain an important regional transmission role for the count

4 January 2012
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China to hold second shale gas auction this month

China will hold its second round of auctions for shale gas exploration rights in January after several postponements last year, the state-run China Business News reported on Wednesday.

4 January 2012
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China to pour $18.5 bln into CBM development

China's investment in coal-bed methane (CBM) will amount to RMB 116.6 billion ($18.53 billion) between 2011 and 2015, according to the Chinese government's 12th Five-Year CBM Development Plan released on Saturday.

4 January 2012
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China implements pilot gas pricing reform

The Chinese government has implemented a pilot scheme in Guangdong province and the Guangxi Zhuang autonomous region which will see domestic gas prices linked to those of imported fuel oil and liquid petroleum gas (LPG), a move which strongly signals the country’s intention to move towards market liberalisation.

3 January 2012
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Jonathan declares state of emergency in parts of Nigeria

President Goodluck Jonathan has declared a state of emergency in certain parts of Nigeria after a series of bombing attacks carried out by Islamist group Boko Haram on 25 December.

3 January 2012
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India’s 2011 gas initiatives driven by falling output

The year 2011 was marked by the Indian government’s efforts to boost exploration and production by encouraging new investments from domestic and foreign heavyweights and by international negotiations aimed at securing new supplies, India’s Ministry of Petroleum and Natural Gas said in its year-end review on Friday.

3 January 2012
Upstream

China implements pilot gas pricing reform

The Chinese government has implemented a pilot scheme in Guangdong province and the Guangxi Zhuang autonomous region which will see domestic gas prices linked to those of imported fuel oil and liquid petroleum gas (LPG), a move which strongly signals the country’s intention to move towards market liberalisation.

3 January 2012
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Jonathan declares state of emergency in parts of Nigeria

President Goodluck Jonathan has declared a state of emergency in certain parts of Nigeria after a series of bombing attacks carried out by Islamist group Boko Haram on 25 December.

3 January 2012
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CNOOC to drill first offshore well in Cambodia as new regulations take shape

China National Offshore Oil Corp. Ltd.'s (CNOOC Ltd.) offshore exploration programme in Cambodia is underway and moving towards the drilling phase, a spokesperson for the company told Interfax on Wednesday.

22 December 2011
Environment

New EPA rule could boost US gas demand

New environmental standards in the United States will require the installation of advanced pollution control technologies at hundreds of coal plants, and may accelerate an increase in the use of gas a

22 December 2011
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Violence fears feed Iraq’s legislative uncertainty

Amid fears of a resurgence in sectarian violence in Iraq, a federal oil and gas law may prove vital in unifying the country. Exxon’s move into the Kurdistan Region could be the catalyst for resoluti

22 December 2011

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