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.

Yamal LNG

Novatek moots Saudi stake in Arctic LNG 2

One of the hottest countries in the world looks poised to make a huge LNG investment in one of the world’s coldest regions.

20 March 2019 Europe & Russia / LNG
A US coal plant

EIA report suggests US is moving to lower-carbon power mix

Coal is losing ground in US electricity generation while gas and renewables are gaining, according to new data.

5 March 2019 Americas / Policy & Regulation
Artist rendering of the LNG Canada project

British Columbia service plan identifies five key gas projects

The province’s Oil and Gas Commission has named five major gas projects for the period between 2019 and 2022.

27 February 2019 Americas / LNG
Aerial view of Golden Pass LNG facility in Texas

Qatar and Saudi Arabia shop abroad for gas

Geopolitical rivals Qatar and Saudi Arabia have embarked on an aggressive drive to expand their international gas supply networks.

21 February 2019 Middle East & Africa / LNG
Wind farm

Renewables and gas to dominate US power sector

The US is set to see a big change in the fuels it consumes to generate power, with gas and renewables making gains at the expense of coal and nuclear, the EIA says.

5 February 2019 Americas / Supply & Demand
Shale gas drilling in the Marcellus formation

Shale growth will transform US gas flows

Flows are set to change dramatically in response to continued growth in shale gas production, the EIA says.

31 January 2019 Americas / Exploration & Production
Construction of Power of Siberia gas pipeline in progress

Investment needed to sustain Europe’s gas output

Declining gas output in Europe and Algeria will further boost Europe’s dependence on imported LNG and pipeline gas from countries such as Russia as early as 2023 unless greater upstream investment is made.

23 January 2019 Europe & Russia / Supply & Demand
A platform in the Barents Sea

Norway looks to Barents Sea to sustain production

The development of oil and gas resources in the Barents Sea will be vital for Norway to maintain its output.

23 January 2019 Europe & Russia / Exploration & Production
The LNG Canada information centre

Oil prices may be key for Canadian LNG FIDs

Rising oil prices will be beneficial for Canadian LNG projects because of the boost they will provide to NGL prices, but upstream costs could still be pushed up by domestic factors.

17 January 2019 Americas / LNG
Oil derrick

Oil prices upbeat in new year after further gains

Prices have risen by about 9% since the start of the year and are likely to climb further in 2019 as the OPEC-plus group cuts output and sanctions bite against Iran.

9 January 2019 World / Global Markets
Novatek’s Yamal LNG project

Saudi Arabia extends its Russian connections

Saudi Arabia’s growing cooperation with Russia on oil production will help speed up the kingdom’s plans to invest in LNG.

19 December 2018 Middle East & Africa / Supply & Demand
Saudi energy  minister Khalid  al-Falih (left) and  his UAE counterpart Suhail Mohamed  al-Mazrouei (PA)

Fuel oil strength could support LNG demand

The unexpected strength in fuel oil prices could prompt generators in Northeast Asia to buy more gas over the winter.

12 December 2018 Asia Pacific / LNG
In this Nov. 21, 2018 photo smoke billows from chimney stacks of the heating and power plant in Bedzin, near Katowice, southern Poland. Katowice, in the southern coal mining region, will host global climate summit Dec.2-14.

Concrete steps needed at COP24

The pressure is on for nations to make tangible progress on tackling global warming at the climate summit in Poland.

3 December 2018 World / Policy & Regulation
The Rough storage facility

UK unlikely to incentivise creation of new gas storage

The UK’s storage capacity has dropped to just 2% of demand, but it is doubtful the government will step in to encourage more to be built.

29 November 2018 Europe & Russia / Pipelines, Storage & Power
Artist's impression of LNG Canada's liquefaction facility in Britisg Colombia

Freight economics to favour Canadian LNG

Cargoes from liquefaction plants on Canada’s west coast could reach Northeast Asia in 8-9 days compared with 20 days for those from the US Gulf Coast, giving Canadian LNG a significant market advantage.

22 November 2018 Americas / Supply & Demand
A gas flare beside pumpjacks pumping crude oil at a facility in North Dakota.

IEA urges action on gas flaring

The agency’s latest World Energy Outlook includes a call to action for oil and gas players to reduce upstream emissions, with flaring drawing particular criticism.

15 November 2018 World / Exploration & Production
The LNG Canada FID ceremony in October 2018

More FIDs expected to follow LNG Canada

Canada is set for a series of FIDs on LNG export projects as the LNG Canada development shows there is a path through the obstacles.

7 November 2018 Americas / LNG
EDF Energy’s 49MW battery storage facility at West Burton

New tech threatens outlook for gas in Asia

Gas will be the fastest-growing fossil fuel in Asia out to 2050, but technologies such as clean coal and batteries pose a threat to its market share.

6 November 2018 Asia Pacific / Policy & Regulation
An LNG-fuelled ferry in Norway.

LNG to benefit from IMO and EU sulphur regulations

The restrictions could cause a spike in oil prices in 2020 and are forcing shippers to look again at LNG as a marine fuel.

1 November 2018 World / LNG
Loading a cargo at Sabine Pass LNG

Permian gas growth to underpin US LNG exports

Surging production from the Permian Basin will underpin growth in US LNG exports and have implications for pricing, delegates at a roundtable hosted by Interfax and Baker & O’Brien heard this week.

24 October 2018 Americas / Exploration & Production

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