Malaysian company makes two offshore discoveries
SapuraKencana Petroleum announced two gas discoveries offshore eastern Malaysia on Tuesday.
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China city gas faces market abuse crackdown
China’s biggest city gas distributors are confident of not getting caught up in a crackdown on anticompetitive practices in utility markets, which will include the city gas sector.
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- PGNiG, Gazprom ready for new gas contract meeting
- Data fears hold back security technology in Algeria
- NDA spells bad news for IOCs in Nigeria
- Europe can cover summer demand peaks – ENTSO-E
- Supply boost causes price cuts at China’s LNG plants
- Wildcat’s Pick of the Week
- TAP is no competition for Russian gas – Novak
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OPEC freeze unlikely with oil above $50/bbl
With oil prices at around $50/bbl, the prospect of OPEC capping production levels at its June meeting is looking increasingly remote.
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- Oil price rise dampens hopes for OPEC output cap
- OPEC freeze unlikely with oil above $50/bbl
- Kuwait sees intense inter-sector competition for gas
- Upstream cuts create potential for supply shock
- Henry Hub futures to receive weather-related boost
- European hub prices fall, but only marginally
- Egypt shines as an LNG importer
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