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Companies & Finance

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.

4 hours ago 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.

4 hours ago 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.

Yesterday 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
Construction of China's WEP 2

Clock ticking on China’s long-awaited pipeline reform

Time is running out for China to kickstart the process of establishing a national pipeline company this year as Asia’s largest gas market is approaching its busiest season.

6 September 2019 Asia Pacific
Skyscrapers in Beirut, Lebanon

Beirut eyes FSRU as power plans advance

Lebanon is planning to kickstart an ambitious gas-fired power expansion, but it must first answer questions over how it will integrate LNG supplies with the new plants.

5 September 2019 Middle East & Africa
An LNG tanker docked at Tangshan

PetroChina’s Kunlun prepares for pipeline reform

With its midstream pipeline network expected to be taken over by a national pipeline company, China’s Kunlun Energy is increasingly turning its focus to its downstream business.

5 September 2019 Asia Pacific
Gas pipeline construction, Stittsville

Mexico avoids pipeline legal battle

An out-of-court settlement between Mexico and private pipeline developers permits the entry into operation of the 74 MMcm/d South Texas-Tuxpan pipeline within days.

5 September 2019 Americas
Naftogaz infrastructure in Ukraine

Ukraine’s new government prepares for gas transit talks

Kiev’s new cabinet will seek to secure a long-term transit agreement between Naftogaz and Gazprom, but it is also preparing for a no-deal outcome.

3 September 2019 Europe & Russia
PetroChina infrastructure at the Tulia oilfield

China’s NOCs increase production amid US trade spat

Gas production growth shined at China’s big three state energy giants in the first half of this year as they heeded the Chinese leadership’s call to boost domestic output.

2 September 2019 Asia Pacific
A Qatari gas plant

Qatar to expand LNG output as market tightens

Qatar Petroleum is planning to expand domestic production in tandem with a growing list of overseas assets in anticipation of a tighter LNG market post 2020.

29 August 2019 Middle East & Africa

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