Shell to save $1 bln from BG takeover
Shell will make a further $1 billion in savings from its takeover of BG Group, the company announced on Tuesday.
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China is biggest demand-side forecast risk – IEA
Global gas demand is expected to increase by 1.5% per year over the next five years, but low coal prices and the expansion of renewables will create headwinds for the sector, the IEA has said.
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- Poland could buy Russian gas at Belarus border
- Jakarta eyes gas-rich deep waters
- Gazprom’s spare production capacity gives it options
- Chinese LNG prices fall in May with slack demand
- Devon Energy may sell $1 bln of assets to reduce debt
- Engie may sell Brazilian gas assets to focus on renewables
- Mexico announces new gas market strategy
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- Global Gas Analytics ▾
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Risk of oil price spike may benefit gas
Peter Stewart spoke at the IEA last week on the interaction between oil and gas prices. These are the main points of his speech to the standing committee on oil markets.
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- Risk of oil price spike may benefit gas
- OPEC freeze unlikely with oil above $50/bbl
- Oil price rise dampens hopes for OPEC output cap
- Price favours Canadian gas flows into western US
- Kuwait sees intense inter-sector competition for gas
- Upstream cuts create potential for supply shock
- Henry Hub futures to receive weather-related boost
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