Sinopec invests nearly $20 bln in One Belt, One Road
Sinopec said on Tuesday it had invested $19.7 billion in 16 upstream deals across 10 countries covered by the ‘One Belt, One Road’ (OBOR) initiative in 2011-2015.
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Naftogaz and Gazprom in dialogue over gas restart
A letter proposing a nine-month return to Russia/Ukraine gas trading could lead to another winter package deal between the two countries.
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- 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
- Pugang field gas output hits 41.1 bcm
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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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