Location of the Groningen gas field, the Netherlands. There is little silver lining for the field’s output. (Skitterphoto) Supply & Demand

Groningen, Rough problems will boost gas prices

Continued production cuts at the Groningen gas field are reducing Dutch exports to marginal levels, increasing price volatility as well as Europe’s reliance on imported LNG and Russian gas.

By Silvia Favasuli 21 April 2017
Supply & Demand

Chongqing’s gas consumption rises to 1.72 bcm in Jan-Feb 2017

The Chinese municipality of Chongqing consumed 1.72 billion cubic metres of gas in the first two months of 2017, up by 15.46% year on year.

17 March 2017
Supply & Demand

Venezuela to export gas via Shell’s Hibiscus platform

Venezuela’s state-owned PDVSA has agreed a deal with Shell and Trinidad & Tobago’s state-owned National Gas Co. to export gas to the Anglo-Dutch major.

16 March 2017
Supply & Demand

Lukoil aiming to ramp up gas production in 2017

Russian oil company Lukoil is planning to increase its hydrocarbon production by 3-4% in 2017 by ramping up its gas output, the company said in a presentation.

16 March 2017
Supply & Demand

Algeria looks to beat gas production targets

Algeria expects to produce more than 57 billion cubic metres of gas in 2017.

15 March 2017
Supply & Demand

ACCC chairman calls for more domestic gas in eastern Australia

Australia needs to reserve more gas for its eastern market, the chairman of the Australian Competition and Consumer Commission has said.

14 March 2017
Supply & Demand

Chinese gas production holds steady in 2017

China’s gas output in the first two months of 2017 was unchanged from a year ago, at 25.1 billion cubic metres.

14 March 2017
Supply & Demand

Hyundai to develop gas processing unit in Iran

Hyundai has reportedly been selected for a €3.0 billion contract to develop a gas processing unit in Iran.

14 March 2017
Supply & Demand

Ukrainian gas consumption drops in January

Ukrainian gas consumption fell by 5.8% year on year in January, to 5.11 billion cubic metres.

14 March 2017
Supply & Demand

Estonia’s Essti Energia planning to sell gas in Latvia and Lithuania

Estonian state-owned electricity company Essti Energia is ready to start selling gas to domestic consumers in Latvia and Lithuania.

14 March 2017
Supply & Demand

Low Algerian volumes hit African pipeline exports

North African pipeline exports to Europe fell by 0.9% in Week 10 from a week earlier as a result of lower Algerian exports.

14 March 2017
Supply & Demand

Suzhou gas consumption to hit 4.6 bcm by 2020

Suzhou is expected to consume 4.62 bcm of gas every year by 2020, according to the local government’s development plan.

13 March 2017
Supply & Demand

CNPC plans to hit 100 bcm of gas production this year

China National Petroleum Corp. plans to increase gas production by 2% year on year in 2017, to 100 billion cubic metres.

13 March 2017
Supply & Demand

Thailand working to liberalise its energy sector

Thailand is in the process of liberalising its energy sector, with private companies now allowed to be involved in CNG stations, pipeline operations, gas transport and LNG sales.

13 March 2017
Supply & Demand

Gazprom gas price for non-CIS countries stabilises

The estimated price for Gazprom’s gas sales outside of the CIS stabilised at $204/Mcm in March.

13 March 2017
Shell CEO Ben van Beurden at CERAWeek 2017 by IHS Markit (IHS Markit) Supply & Demand

Shell CEO sunny on shale, warns of gathering storm

Shell has had a good month, in which it drilled Argentina’s cheapest-ever unconventional well. But the supermajor’s CEO had his mind on other matters on Thursday.

10 March 2017
Supply & Demand

Australia facing high energy prices and shortages – utility chief

There is no quick fix for the energy shortages being faced by Australia’s eastern and southern states, the chief executive of EnergyAustralia has said.

9 March 2017
Supply & Demand

US gas production to hit 2.1 bcm/d in 2017 – EIA

Gas production in the United States is forecast to average 2.1 billion cubic metres per day in 2017, the EIA has said.

8 March 2017
Supply & Demand

Shanghai Gas supplies 770 MMcm to Shanghai in February

Shanghai Gas Group supplied 770 million cubic metres of gas to Shanghai in February, up by 17.7% year on year, according to data.

7 March 2017
Supply & Demand

African pipeline exports fall for all but Trans-Med

North African pipeline exports to Europe fell by 1.4% week on week in Week 9, to 930.8 million cubic metres.

7 March 2017
Supply & Demand

Daqing production hits 389 MMcm

China’s Daqing oilfield had produced 389 million cubic metres of gas so far this year as of 3 March.

6 March 2017

About 4,040 article(s)

1 2 3 4 5 202