Markets 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.
Upstream Israeli gas deal heralds new dawn for upstream players
Israel has finally signed its gas framework into law after a year of delays, to the relief of upstream developers Delek Group and Noble Energy.
World Bank to present Naftogaz restructuring report
Experts at the World Bank will present a report on restructuring Ukraine’s state-owned Naftogaz Ukrainy and creating a gas transport business division by January 2016, a key Naftogaz official has said.
19 November 2015Dutch court demands lower Groningen cap
A Dutch court has ordered Gasunie and other producers to cap output from the country’s Groningen field at 27 billion cubic metres for the next year, down from 33 bcm over the past year.
19 November 2015UK to phase out coal within a decade – Rudd
The UK will shut all its coal power plants by 2025, the country’s energy secretary says, but her plans will require a 50% increase in gas-fired generation at a time when gas is struggling for investment.
19 November 2015
China cuts wholesale gas prices to revive demand
China is to cut non-residential gas prices this week for the second time this year in an attempt to boost consumption, a move that could hit the country’s NOCs hard.
19 November 2015US Senate blocks Clean Power Plan
United States President Barack Obama’s Clean Power Plan, which would aim to reduce carbon dioxide emissions from power plants by 32% by 2030, was blocked by the Republican-led Senate on Tuesday.
18 November 2015Indian govt finalising licensing round policy
The Indian government plans to finalise its new policy for oil and gas licensing rounds to increase interest from international investors.
18 November 2015Russia preps for emissions payment system
Russia will be ready to implement a potential payment system for carbon dioxide emissions in 2018, when a mechanism for applying best available technologies comes into force.
18 November 2015Ukraine asks IMF for gas tariff leeway
Ukraine is slowly pushing ahead with the liberalisation of its gas industry, but the hardest choices are yet to come.
18 November 2015Norway gives green light to Grieg production
The Norwegian Petroleum Directorate has given permission to start production on the Lundin Norway-operated Edvard Grieg field in production licence 338 in the North Sea.
17 November 2015
China’s CBM players call for more state aid
More favourable policy support – such as a higher production subsidy – is essential to revive the Chinese CBM industry, which has been hit hard by the collapse in oil prices.
16 November 2015
Baltics finally aligning on energy security
The Baltic states have a mixed history of cooperation on energy, but a clear united front appears to be taking shape.
13 November 2015Peru to reduce government gas royalties
Peru is hoping to improve its sluggish exploration rate by reducing oil and gas royalties to 5% from their current level of 20% in an effort to encourage investors to take part in the country’s licensing rounds.
12 November 2015Nigeria to amend Petroleum Industry Bill
The Nigerian government will amend its long-delayed and much-debated Petroleum Industry Bill, the country’s newly appointed Minister of State for Petroleum Emmanuel Ibe Kachikwu said this week.
12 November 2015Nigeria urged to improve gas utilisation
The Nigerian LPG Association has said Nigeria loses $2.5 billion from gas flaring annually and has urged the federal government to encourage investment in improving gas utilisation.
12 November 2015Oil & Gas UK reports to help Continental Shelf
Trade association Oil & Gas UK has published two reports that it commissioned to help oil and gas platform operators and contractors improve their decommissioning plans.
12 November 2015Mozambique LNG stumbles on domestic market offtake
Low oil prices mean Anadarko is unable to market gas in Mozambique at the volume or price the government was expecting, which could stymie the country’s industrialisation.
12 November 2015YPF ordered to reveal Chevron contract details
Argentina’s state-controlled YPF has been ordered by the country’s Supreme Court this week to reveal details of its 2013 contract with US supermajor Chevron to explore the huge Vaca Muerta shale reserves.
11 November 2015China gears up for gas reforms in next five years
China’s gas market is expected to be overhauled significantly between 2016 and 2020, with pricing and upstream liberalisation high on Beijing’s agenda.
11 November 2015Coal consumption drops in key countries
Coal demand is on the way down in key consuming countries, according to a recent report by Greenpeace.
11 November 2015IEA’s World Energy Outlook goes green ahead of COP21
The International Energy Agency has suggested global gas consumption could grow by 50% by 2040, according to its latest World Energy Outlook.
10 November 2015About 2,869 articles for Policy & Regulation