UK onshore explorer Egdon Resources said Friday it could have 18 Tcf of gas initially in place in shale gas reserves in its licenses within the Bowland-Hodder shale sequence in northern England. That is equivalent to around 510 billion ...
Tags: shale gas, UK gas consumption
The UK's Rough gas storage facility, the country's main gas storage site, could be completely refilled by as early as the start of August, months ahead of last year, according to Platts analysis of past injection rates. Rough storage ...
Tags: Gas, gas in storage
Kazakhstan plans to build a major petrochemical complex by 2016 to produce higher-value products from associated petroleum gas that is currently mainly flared, according to an official at state-run KazMunaiGaz. The government aims to go ...
Ukraine's natural gas output in March fell 5.6% year-on-year to 1.68 billion cubic meters, from 1.78 Bcm in March 2013, an energy and coal industry ministry official said Wednesday, citing preliminary figures. Production fell after the ...
Tags: natural gas, gas production
Gas prices on the Dutch and German trading hubs drifted lower Tuesday morning, as bearish weather and supply fundamentals from just before the four-day Easter holiday continued to drive the markets. At midday London time, the day-ahead ...
Tags: gas exports, Gas Prices
State-owned PetroChina has hiked its shale gas production target significantly and now expects to produce 2.6 billion cubic meters/year next year, a senior executive was reported as saying Monday. This is an increase from an earlier ...
Tags: PetroChina, Shale Gas
Spanish LNG throughput in the week that ended Sunday fell 27.7% from the corresponding week of last year, according to data released Monday by gas grid operator Enagas. LNG throughput from Spain's six import terminals totaled 1.39 TWh ...
Tags: LNG Throughput, LNG
UK spot gas prices were sliding again Thursday morning, compared with Wednesday's close, as the system remained well supplied and demand low, and with regular deliveries of Qatari LNG recently. By 09:25 UK time, the NBP within-day had ...
Tags: LNG terminal, Spot Gas
Brazil's Petrobras has signed a short-term contract with Bolivian counterpart YPFB to increase natural gas imports from the Andean nation, Petrobras said. Under terms of the contract, Petrobras will import an additional 2.24 million cubic ...
Tags: Natural Gas, Brazil's Petrobras, gas-fired power plant
Natural gas demand in Italy in March fell by almost 24% year on year to 6.026 billion cubic meters, gas and power exchange manager GME said Tuesday. GME said power plant demand fell by 33% to 1.276 Bcm, one of the "strongest decreases ...
Tags: Natural gas, Gas Demand, Heating demand
UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...
Tags: gas network, LNG tankers, LNG
Gas contracts on European prompt markets extended last week's losses Monday on reduced demand ahead of the summer season when the market switches to injecting gas into storage facilities, which are at healthy levels. Day-ahead gas price ...
Tags: prompt markets, gas demand, gas Prices
MHI receives order for very large LPG carrier from Astomos Energy, identical to ship type ordered late last year Wednesday, Mar 26, 2014 Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a ...
Tags: LPG Carrier, MHI, Ship Type
European spot gas prices drifted lower Monday, with the Dutch TTF next day contract trading below Eur22.00/MWh, despite a slight drop in temperatures as healthy storage stocks and gas exports left the region well-supplied. Day-ahead gas ...
Tags: Spot Gas Prices, GASPOOL, weak prompt market
China Petroleum and Chemical Corp, Sinopec, said Monday it expects its Fuling shale gas project in Chongqing, central China, to reach production capacity of 10 billion cubic meters/year during 2017, up from 600 million cu m/year currently. ...