News archive: Global Markets

Netanyahu snatches surprise victory in Israel’s elections

Policy & Politics | 18 March 2015 12:57 GMT

The right-wing Likud party of Israel’s incumbent Prime Minister Benjamin Netanyahu snatched a surprise victory in the country’s elections on Tuesday.

EU, Russia, Ukraine confirm gas talks on 20 March

Policy & Politics | 18 March 2015 12:44 GMT

The next meeting between the EU, Russia and Ukraine will take place on Friday in Brussels, the European Commission confirmed on Wednesday.

UK shale climate-friendlier than LNG imports

A domestic shale industry would allow the UK greater control over regulating and monitoring emissions. (Cuadrilla)

Policy & Politics | 18 March 2015 10:27 GMT

Environmental concerns are holding unconventional gas back in the UK, but from a climate-change perspective it could be cleaner than relying on LNG.

Malaysia doubles LNG exports to Taiwan

Price Drivers | 18 March 2015 10:18 GMT

Malaysia’s LNG exports to Taiwan doubled year on year in January, helping to offset a decrease in volumes shipped to South Korea.

Chinese spot trading picks up as prices drop

Price Drivers | 18 March 2015 10:03 GMT

The ex-works price for Chinese LNG fell by 2.09% over 7-13 March from the previous week as several producers in the northwest cut their prices.

Asian LNG prices rebound slightly after public holiday

Market Trading | 17 March 2015 10:18 GMT

LNG spot prices for Asian buyers last week climbed by 1.52% from the previous week after oil prices rebounded slightly following the Lunar New Year holiday.

Eni looks beyond Africa for future growth

Eni is looking to explore beyond Africa. (Eni)

Companies | 17 March 2015 10:08 GMT

With a capex cut of 17% over the next four years, Eni is focused on reaching FIDs on its Mozambique LNG project and developing new acreage outside of Africa, executives say.

Naftogaz Ukrainy makes fourth payment for March gas from Russia

Market Trading | 16 March 2015 12:34 GMT

Naftogaz Ukrainy transferred another $15 million to Gazprom on 12 March as prepayment for Russian gas supplies.

Norwegian exports decline in 2014

Fundamentals | 16 March 2015 12:22 GMT

Norway exported 101.1 bcm of gas via pipeline to Europe in 2014, according to data released by the Norwegian Petroleum Directorate.

Far East LNG demand growth slows in 2014

Market Trading | 16 March 2015 10:30 GMT

LNG imports into East Asia and Southeast Asia increased by 700,000 tons year on year in 2014, a growth rate of less than 1% – a large fall from the 5% increase in 2013.

East Timor ready to buy Sunrise stake to keep it onshore

Approximately 20% of the Greater Sunrise fields lie in a joint development area between East Timor and Australia.

Policy & Politics | 13 March 2015 11:24 GMT

The Timorese government has offered to buy Woodside Energy’s stake in the Greater Sunrise fields to make sure an LNG plant is built onshore.

The Brazil Brief: Back to the straight and narrow

A Petrobras FPSO. The company may be forced to sell some of its assets to cover its debts. (Petrobras)

Companies | 12 March 2015 13:15 GMT

Scandal-hit Petrobras could sell up to $5.5 billion in gas and energy assets, but it is not a seller’s market, say experts.

EU, Moscow and Kiev yet to set date for Russian supply talks

Policy & Politics | 12 March 2015 12:48 GMT

The EU, Moscow and Kiev are yet to agree on a date for their next three-way talks on Russian gas supplies to Ukraine.

FLNG developers race to solve technology riddle

An artist’s impression of an FLNG installation. Many designs feature a ship-type hull. (Höegh)

Companies | 11 March 2015 13:36 GMT

FLNG developers face a bewildering array of choices when it comes to technology, much of which remains unproven.

Contracts curb Chinese NOCs’ need for spot LNG

China’s NOCs are unlikely to dip into the spot market this year. (CNOOC Tianjin LNG)

Fundamentals | 11 March 2015 10:58 GMT

Asian spot LNG prices have dropped to levels not seen for five years, but that still may not be enough to lure China’s big state buyers, which need to absorb contracted volumes.