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Companies & Finance

A gas platform offshore Saudi Arabia

Gas expansion key to Saudi Aramco’s IPO

The Saudi NOC has spent recent months flagging up its gas expansion plans in a move to attract investors for its planned stock market listing.

6 days ago Middle East & Africa
Iron ore carrier offshore Western Australia

Woodside and Australian miners gear up for IMO 2020

Global emissions limits for shipping under IMO 2020 rules are a growth opportunity for the Aussie LNG market and a rising imperative for the country’s iron ore and coking coal exporters.

6 days ago Asia Pacific
ENN terminal  and vessel in Zhoushan, China

China’s ENN consolidates for competitive edge

The energy company’s move to combine its gas utility and upstream developer will create an integrated company better-positioned to compete in a future deregulated Chinese gas market.

6 days ago Asia Pacific
Port Kembla, New South Wales.

Supply crunch in eastern Australia boosts new FRSUs

Persistent concerns about supply constraints and rising prices for gas in eastern Australia continue to support the business case for LNG import infrastructure.

31 October 2019 Asia Pacific
Storage tanks and pipeline at PNG's Gobe gas processing plant

Papua LNG still aiming for first gas in 2025

Despite earlier delays, Total and Oil Search are expecting to enter FEED on their $14-billion Papua LNG project around year-end.

25 October 2019 Asia Pacific
A platform in the South China Sea.

CNOOC’s capex hike unleashes domestic gas output growth

The company’s latest update on its production and sales of oil and gas shows it is working flat out to boost domestic output.

25 October 2019 Asia Pacific
Gas storage tanks in China

China gas distributors on track to meet double-digit growth targets

The country's largest city gas distributors look set to extend strong sales growth for H1 into H2 as the domestic market gears up for its peak demand season.

21 October 2019 Asia Pacific
South Pars Phase 12

Tehran must go it alone to develop discoveries

Iran will have to rely on domestic resources to develop its new fields as appetite from foreign investors has dwindled as a result of US sanctions.

17 October 2019 Middle East & Africa
Darwin LNG

Darwin set to expand as Santos buys out Conoco

Following a period of belt-tightening, Australia’s second-largest gas group is expanding its asset base as it looks to raise its profile in the international LNG market.

17 October 2019 Asia Pacific
Russian President Vladimir Putin with Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan.

Lukoil’s Ghasha stake boosts UAE’s sour gas plans

The arrival of the Russian company completes the tendering process for the concession and is positive for the UAE’s plans to commercialise its technically challenging offshore reserves.

16 October 2019 Middle East & Africa
A cargo of Australian LNG bound for Japan

Third Japanese firm joins Transborders FLNG in push for shipping fuel

The firm interest from Mitsui OSK indicates sustained demand for gas from Japan’s shipping and power sectors.

7 October 2019 Asia Pacific
The Independence FSRU arriving in Lithuania

Finland-Estonia link boosts Paldiski FSRU plans

Estonia is re-joining the race to become a regional LNG hub in the Baltic as the lease on a nearby FSRU is set to expire and the country’s interconnector with Finland nears completion.

3 October 2019 Europe & Russia
Turkey's Yavuz drillship at a Turkish port in Kocaeli province.

Ankara mulls new moves after Eni-Total deal in Cyprus

Tensions in Cyprus are set to rise following Turkey’s angry reaction to the signing of an exploration agreement for disputed waters off the southern coast of the island.

1 October 2019 Middle East & Africa
The Litoral de Almeria coal-fired power plant. (Endesa)

Low profits for Spanish coal plants may accelerate phase-out

Endesa’s sudden decision to close two of its coal-fired power plants may boost gas in Spain’s power mix and hasten the end of coal-burning.

30 September 2019 Europe & Russia
A PetroChina facility in the Ordos Basin

PetroChina hails new shale discoveries amid modest production outlook

PetroChina trumpeted its progress on domestic unconventional oil and gas exploration on Sunday, but there are fresh signs China’s shale production is falling short of targets.

30 September 2019 Asia Pacific
Anadarko drilling offshore Mozambique

Total hits ground running with smooth acquisition of Moz LNG

Total's quick acquisition of Mozambique LNG has set it off on the right foot with the Mozambique government, which is eager to recoup tax from the sale.

30 September 2019 Middle East & Africa
ENN Energy city gas facilities.

ENN reshuffle aims to challenge market power of Chinese NOCs

The change in ownership of ENN Energy Holdings represents the start of an effort to build an integrated gas major in China better suited to competing in a liberalised market.

16 September 2019 Asia Pacific
The Datteln coal-fired power plant in Germany

Germany may see race to end coal before 2038 deadline

The economics suggest Germany’s coal phase-out could be completed well in advance of 2038, with the first auction for government compensation expected in June next year.

12 September 2019 Europe & Russia
A tanker at the Incheon LNG terminal

Kogas forges closer LNG ties with Gazprom

South Korea and Russia are developing a partnership in the LNG sector ahead of rising regional demand in Asia on the back of coal-to-gas switching.

12 September 2019 Asia Pacific
The Malampaya project in the Philippines

First Gen eyes first Philippine LNG imports in 2021

The company has accelerated plans for the country’s first LNG imports, which it will aim to secure through short-term deals.

6 September 2019 Asia Pacific

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