Peter Stewart

Chief energy analyst

Prior to joining Interfax, Peter worked for five years as Principal Consultant at KBC Energy Economics, where he was chief economist and led the group's market analysis team. He is currently involved in econometric research at Surrey University on the subject of oil and gas pricing benchmarks, building on his 20 years of experience with the Price Reporting Agency (PRA) Platts. He worked at Platts for 15 years in a number of different roles, including Director of Markets and Pricing, in which role he was responsible for Platts global assessment processes for all commodities.

Email: peter.stewart@interfax.co.ukPhone: +44 (0)20 3004 6211
The advent of LNG exports from the US offers a window of opportunity for buyers looking for a stable gas price. (Cheniere Energy)

Henry Hub linkage could stabilise gas-to-power

The advent of LNG exports from the United States offers a window of opportunity for buyers looking for a stable gas price.

11 May 2016
Qatargas and Shell recently announced they would push ahead with ambitious plans to develop gas for transport in the Middle East. (Shell)

Gas in transport will survive low oil prices

The sudden drop in oil prices may have been a blow to gas-for-transport demand, but initiatives are under way worldwide that could see gas win out eventually.

4 May 2016
European gas hubs and gas exchanges.

Are LNG benchmarks still relevant?

The recent convergence of regional gas prices has made the need for global LNG pricing benchmarks less pressing.

27 April 2016
Mohammed bin Saleh al-Sada, Qatar's energy and industry minister, addresses journalists at the end of a summit in Doha, Qatar, on Sunday, 17 April 2016. (PA)

Doha fiasco reflects geopolitical tensions

The meeting of OPEC and non-OPEC producers in the Qatari capital has only worsened the tensions between oil exporters.

21 April 2016
The commissioning cargo at Gorgon LNG. Large amounts of Australian supply coming onstream will keep Asian prices low. (Chevron)

Oil and gas prices may go their separate ways

Oil and gas prices are diverging as a rebalancing of the market helps crude recover while LNG prices remain pressured by a supply glut.

20 April 2016
An initiative to improve the transparency of energy data around the world appears to be struggling now oil and gas prices have fallen. (SXC)

Oil prices may hurt data transparency initiative

An initiative to improve the transparency of energy data around the world appears to be struggling now oil and gas prices have fallen.

14 April 2016
The trading floor at BP’s hub in Houston. The upcoming meeting of oil producers is causing market jitters. (BP plc)

Traders cut short positions in oil and gas

Speculative traders have sharply cut their short positions in oil and gas futures in advance of the ‘emergency’ meeting of oil producers in Doha later this month.

6 April 2016
Cameron LNG project. (Sempra)

US LNG exports unlikely to compete in Europe

With the first LNG shipment from the US now delivered, the sustainability of the country’s export model has come under scrutiny.

17 March 2016
Lower gas prices and cheaper floating regasification technologies have improved the economics of using gas for power generation. (Eleco)

Gas makes headway in power sector

Lower gas prices and cheaper floating regasification technologies have improved the economics of using gas for power generation, despite the simultaneous decline in coal prices.

17 February 2016
Tuba oil field, Iraq. Oil prices have continued to plunge so far this year, bringing many grades of crude close to their operating cost breakeven price. (PA)

Oil price rout continues

Oil prices have continued to plunge so far this year, bringing many grades of crude close to their operating cost breakeven price.

21 January 2016
Kuwait oilfield. The latest drop in oil prices is making gas more competitive against fuels such as coal, and COP21 may give it a further boost. (PA)

Oil price drop may boost gas in long run

The latest drop in oil prices is making gas more competitive against fuels such as coal, and COP21 may give it a further boost.

16 December 2015
The International Energy Agency’s latest World Energy Outlook suggests gas consumption will increase by 50% by 2040. (OMV)

Is the IEA underestimating the potential of gas?

IEA analysis suggests gas consumption will increase by 50% by 2040. But is this based on a view of renewable energy’s potential that is too optimistic?

18 November 2015
Peterhead CCS project, United Kingdom. With prices low, gas should be making bigger inroads against coal in the power sector with the help of carbon capture and storage. (Shell)

COP21 to spur energy innovation

With prices low, gas should be making bigger inroads against coal in the power sector. CCS could make the difference.

22 October 2015
BP’s gas trading floor in Houston, Texas. Developing LNG futures in Asia has been talked about for years. (BP plc)

The race is on

Developing LNG futures in Asia has been talked about for years. Now the plans have become more concrete.

17 September 2015
Short-term disadvantages of low oil prices may encourage longer term investment into gas and LNG. (Microsoft)

Low oil prices not all doom and gloom

Short-term disadvantages of low oil prices may encourage longer term investment into gas and LNG.

19 August 2015
Chinese investors monitoring stock prices at a brokerage house in Beijing. While the prospect of a Grexit has grabbed the headlines recently, a potentially bigger crisis in China could be a greater threat to energy markets. (PA)

The China syndrome

The prospect of a Greek exit from the euro has garnered most of the headlines over the past month, but a potentially bigger crisis on the other side of the world could be a greater threat to energy markets.

15 July 2015
Gazprom has plans to diversify into Asia and the LNG sector, and harbours ambitions for gas in transport. (PA)

Gazprom to go forth and diversify – Komlev

Gazprom Export’s Sergei Komlev talks to Global Gas Analytics about US LNG exports, Europe’s falling gas demand and the company’s plans for greater diversification into Asia and the LNG sector.

15 July 2015
World leaders around the negotiating table at the G7 conference at Schloss Elmau, Germany. (PA)

Gas as a transition fuel

There has been a flurry of activity promoting the role of gas in the transition to a fossil-free future.

17 June 2015
Cameron LNG plant, USA. Contrary to received wisdom, Europe may become a more attractive destination than Asia for US LNG exports. (GDF Suez)

US LNG: Asia or Europe?

Contrary to received wisdom, Europe may become a more attractive destination than Asia for US LNG exports.

20 May 2015
Shell Chief Executive Ben van Beurden (left) and BG’s Andrew Gould confirmed the deal on 8 April. (PA)

Shell’s mega-merger with BG Group will trigger more industry consolidation

The biggest merger in the oil and gas sector in more than a decade has the potential to transform the industry.

21 April 2015

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