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Markets

Ma’s re-election could boost Taiwan’s gas consumption

Taiwanese President Ma Ying-jeou won a second four-year term on Saturday, a result that was seen as a boost for Taiwan's business community and which could lead to a rise in gas consumption on the back of a stronger economy.

16 January 2012
Markets

Loosening the grip

China watchers will have noted with interest the recent announcement of pilot reform to gas pricing in Guangdong Province and Guangxi Autonomous Region.

13 January 2012
Environment

Apache under fire in Argentina’s Neuquén province

The indigenous Mapuche community in Argentina’s Neuquén province has claimed that it has halted shale drilling operations at the Anticlinal Campamento field carried out by Houston-based explorer Apache.

13 January 2012
Upstream

China’s latest foreign investment guidelines draw mixed response

The latest revisions to China’s foreign investment guidelines, which the National Development and Reform Commission hopes will encourage more foreign direct investment in China’s unconventional energy sector, have drawn mixed responses from the energy industry.

13 January 2012
Markets

China considers consumption tax for fossil fuels

China, the world's largest energy consumer, is studying the possibility of levying a tax on the use of crude oil, coal and gas as parts of efforts to rein in the country's excessive energy use, a top

12 January 2012
Upstream

Seven detained in Poland for alleged shale corruption

Poland’s internal security agency has apprehended seven people regarding alleged bribery relating to granting shale gas exploration permits

11 January 2012
Markets

Polish regulator may scrap industrial price caps in 2013

The Polish energy regulator URE is planning to remove price caps on gas for large industrial users by January 2013, a spokeswoman told Interfax on Tuesday.

10 January 2012
Markets

State prosecutor begins investigation into Romgaz deal

Romania's organised crime and terrorism prosecution unit DIICOT has begun investigating 40 individuals for allegedly taking part in sales of wholesale gas at a reduced price from state-owned developer

10 January 2012
Markets

Iraq publishes Extractive Industries Transparency Initiative

Iraq has published its first Extractive Industries Transparency Initiative (EITI) report on the EITI website on Monday disclosing details about the $41 billion it received in revenues from oil and gas exports in 2009.

10 January 2012
Markets

China adjusts windfall tax

China’s Ministry of Finance has raised the threshold on the windfall tax paid by China’s oil producers, according to statements filed by PetroChina and Sinopec with the Hong Kong Stock Exchange on

9 January 2012
Markets

New year ushers in tax hike for Gazprom

Gazprom will begin 2012 with a significantly higher tax burden as the Russian government is set to almost double the Mineral Extraction Tax (MET) for the Russian gas giant.

9 January 2012
Environment

Power generation will bolster emerging gas markets, says Repsol

Could Australia be the next big thing in gas? The answer is, most probably not, but the gas market can expect to witness some changes in the short to medium term – and that will certainly involve ex

6 January 2012
Upstream

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
Upstream

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
Upstream

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
Upstream

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
Upstream

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
Upstream

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
Upstream

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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