Global Markets

Kurdistan to offer 20 blocks in licensing round
The Kurdistan Regional Government is confident its latest exploration licensing round will attract IOCs despite security concerns and low oil prices.
Argentina’s drillers in the dark over price
Argentina’s gas producers are reluctant to drill unless Buenos Aires provides clues to future wellhead prices – including the country’s generous rewards for new output.
Trump will not affect Iran’s early-stage agreements – Zanganeh
Iranian Petroleum Minister Bijan Zanganeh has said the election of Donald Trump will not affect the early-stage agreements the country is signing with IOCs.
30 November 2016
Gas tipped for bridge role in China’s energy plan
Details of China’s latest five-year energy plan have trickled out, with gas likely to play an important role as the country cleans up its fuel mix.
30 November 2016Peru: enter the dragon?
Peru will hitch itself to China after Donald Trump torpedoed the Trans-Pacific Partnership, and gas will be at the centre of the deepening Sino-Peruvian relationship.
30 November 2016Germany, Italy own half of EU gas import contracts
Germany and Italy account for more than half of the gas contracted by EU countries with non-EU suppliers.
30 November 2016Snow hinders trucked LNG in northern China
Snowfall hindered trucked LNG deliveries in northern China last week, causing several plants to cut prices to reduce their inventories.
30 November 2016Shanxi capital hikes non-residential tariffs
Taiyuan, the capital of Shanxi province in northern China, has hiked end tariffs for non-residential users by RMB 0.29 per cubic metre
29 November 2016Russia and Norway to sign Arctic offshore seismic agreement
Russia and Norway plan to sign an agreement on gathering seismic data along border demarcation lines in the Barents Sea and the Arctic Ocean.
29 November 2016Sharjah plans to moor FSRU at Hamriyah
Small LNG import projects have gained popularity in the UAE, and Sharjah is hoping its proposed terminal will help meet its gas needs and those of its northern neighbours.
29 November 2016Unlocking North Sea decommissioning deals
Christopher McGee-Osborne, partner at Dentons, talks about the firm’s latest Europe-focused report and decommissioning in the North Sea.
29 November 2016Wildcat’s Pick of the Week
Wildcat gives you a head-start on the week and a round-up of what mattered last week.
28 November 2016Shanghai Petroleum and Gas Exchange opens for business
The Shanghai Petroleum and Gas Exchange officially opened for business on Saturday after 16 months of trial operations that began in July 2015.
28 November 2016Iran signs MOU with Schlumberger
Iran has signed a memorandum of understanding with Schlumberger, according to media reports.
28 November 2016Lack of binding EU targets clouds energy transition
The EU’s legal framework for renewables beyond 2020 is hazy, leaving experts uncertain whether the 2030 energy and climate targets will be reached.
28 November 2016Trinidad’s new fields offer only short-term solutions
Production from Trinidad’s much-hyped new fields may only restore output to 2014 levels, given current decline rates.
28 November 2016Eni and Sonatrach sign cooperation agreement
Italian supermajor Eni and Algeria’s state-owned Sonatrach have signed a cooperation agreement for upstream developments and gas supply.
25 November 2016EU and Ukraine sign new energy partnership agreement
The EU signed a new memorandum of understanding with Ukraine on Thursday regarding a "strategic energy partnership" to strengthen cooperation in the energy sector.
25 November 2016Novak and Šefcovic discuss OPAL pipeline at meeting
Russian Energy Minister Alexander Novak and European Commission Vice President for Energy Union Maroš Šefcovic discussed the EU’s recent OPAL decision at their meeting on Friday
25 November 2016Russia’s Dvorkovich and EU’s Šefcovic meet to discuss energy
Russia's Arkady Dvorkovich will meet EU commissioner Maroš Šefcovic on Friday to discuss issues relating to European energy security and gas supply.
24 November 2016Ukraine needs a U-turn on transit fees – OIES
Ukraine should lower its transit fees for Russian gas, not lift them, if it wants to undermine the case for Nord Stream 2, says Thierry Bros.
24 November 2016TOCOM and Platts agree to create Asian LNG price benchmarks
The Tokyo Commodities Exchange and Platts have signed a memorandum of understanding to develop benchmark prices for Japan’s domestic oil products and LNG in Asia
23 November 2016About 2,150 articles for Global Markets