Italian gas demand up year on year
Italy’s gas demand was up in 2015 compared with 2014 because of higher power sector offtake and increased consumption from the residential and service sectors.
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EU majors cut investment budgets further
European oil and gas majors continue to struggle with low oil and gas prices, as last week’s Q2 results have heralded another round of spending cuts and project delays.
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- Wildcat’s Pick of the Week
- Exxon and Chevron post huge Q2 losses
- Statoil divests more onshore US assets
- FERC grants approval for Golden Pass LNG
- WCC LNG granted 15-year licence extension
- Texas files another suit against EPA methane emissions targets
- Sinopec resumes gas supplies through Sichuan-Shanghai pipeline
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Gloomy Q2 results expected for oil and gas majors
The release of Q2 results by major oil and gas companies will offer insight into how they are coping with the current low price environment.
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- Manzanillo – a glimmer of hope for LNG suppliers?
- Gloomy Q2 results expected for oil and gas majors
- Maintenance driving regional gas prices in the US
- Politics clouds Turkey’s gas-to-power ambitions
- Italy – LNG opportunities at risk
- Brazil won’t buy gas to meet Olympic Games power demand
- The future is bright for LNG in Kuwait
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