Companies Biogas seeing popularity growth in Europe
Generous subsidies and a drive for cleaner energy have seen biogas projects in Europe grow by 18% over the last year, but the sector is still dominated by small companies.
Companies Court case caps Russia’s year of discord
Russia’s Gazprom is unlikely to find 2016 any easier than 2015, as key disputes over supply infrastructure and gas contracts are likely to fester.
Tian Lun Gas to acquire Ming Sheng Gas
Hong Kong-listed city gas distributor China Tian Lun Gas Holdings has agreed to pay RMB 460 million in cash for Sichuan Ming Sheng Natural Gas, boosting Tian Lun’s market share in southwest China.
1 December 2015Shanxi Gas expanding business
Shanxi Provincial Guoxin Energy Development Group will invest RMB 2.06 billion ($322 million) through two subsidiaries to expand its gas business in Shanxi province
1 December 2015Sterling to buy PSC interest offshore Mauritania
Sterling Energy Mauritania has completed an agreement to buy a 13.5% working interest in the production-sharing contract for Block C-10, offshore Mauritania, from Tullow Oil.
1 December 2015Lukoil still interested in Iran – Fedun
Lukoil is still interested in oil and gas projects in Iran, but the conditions of access for foreign investors remain unclear, the Russian oil company’s Vice President Leonid Fedun said.
1 December 2015KRG contesting Dana Gas court order
The government of Iraqi Kurdistan is contesting a court order to pay Dana Gas nearly $2 billion, the company has said.
1 December 2015Heating season drives Asian price growth
Prices in Japan, South Korea, China and Taiwan gained 1.45% last week from the previous week as the heating season drove demand.
1 December 2015New JV to start up in Xinjiang
Three Chinese companies have signed an agreement to jointly build and operate oil and gas filling stations in Urumqi, the capital of Xinjiang province.
30 November 2015Aramco plans upgrade for Cilacap refinery
Saudi Aramco has signed an initial agreement to upgrade the Cilacap refinery in Indonesia’s Central Java province.
30 November 2015BP snaps up Rosneft’s Siberian stake
Russia’s Rosneft will sell a 20% interest in Taas-Yuryakh Neftegazodobycha, a joint venture developing the Srednebotuobinskoye oil and gas condensate field in eastern Siberia, to BP.
30 November 2015Iran presents new contract framework to IOCs
Iran is aiming to lure international companies back to its oil and gas sector with a new contracting framework and a host of investment opportunities.
30 November 2015Colombia will feel the crunch by 2017
Colombia will start importing gas from Venezuela in January, but will need LNG by 2017 to plug a looming supply-demand shortfall.
30 November 2015Kunlun Gas acquisition will not affect credit rating
Kunlun Energy’s proposed acquisition of Kunlun Gas will not affect its A1 credit rating, according to Moody’s Investors Services.
27 November 2015Delek gets a boost from E&P; in Q3
Delek Group’s exploration and production sector contributed ILS 87 million to its net income in Q3, compared with ILS 38 million in Q3 last year.
27 November 2015Confidence collapses in UK North Sea
North Sea oil and gas contractors are less confident about their job prospects today than in 2014, a new report claims.
27 November 2015Rosneft could buy gas from Gazprom next year
Rosneft – one of Russia’s largest independent gas producers – may buy 14 billion cubic metres of gas from Gazprom in 2016.
26 November 2015Half a trillion dollars in gas capex must go – report
The Carbon Tracker Initiative says hundreds of billions of dollars’ worth of gas assets are at risk of being stranded if the world is to meet its 2C climate goal.
26 November 2015Shaanxi Yanchang to inject LNG assets into subsidiary
Shaanxi Yanchang Petroleum Group will inject its LNG assets into Shenzhen-listed holding subsidiary Shaanxi Xinghua Chemistry.
25 November 2015AGDC approves TransCanada Alaska LNG payment
The Alaska Gasline Development Corp. (AGDC) has approved a payment to TransCanada for the purchase of its interests in the Alaska LNG (AKLNG) export project.
24 November 2015CLNG Investment to buy 40% stake in CNOOC Shanghai
China LNG Group subsidiary CLNG Investment (Shanghai) has conditionally agreed to purchase a 40% equity interest in CNOOC Shanghai from Heyin for RMB 3.6 million.
24 November 2015Yamal LNG offers 15-year bonds to Russian Finance Ministry
Yamal LNG has placed 15-year bonds worth RUB 75 billion in an offering to the Russian Finance Ministry.
24 November 2015About 4,669 articles for Companies & Finance