A combination of new supply sources and rising costs at home could mean Australia's burgeoning LNG sector losing ground to new players, several speakers at an oil industry conference in Brisbane warned this week. On Sunday the chief ...
Tags: Australian LNG, New Supply
In the EU27, household electricity prices rose by 6.6% between the second half of 2011 and the second half of 2012, after an increase of 6.3% between the second half of 2010 and 2011. Household gas prices increased by 10.3% in the EU27 ...
European prompt gas prices rose Wednesday despite strong Norwegian gas supplies, as higher than normal seasonal demand in the UK gas hub supported higher prices on the continent. Day-ahead gas contracts on the Dutch TTF trading hub were ...
Natural gas-supported plays such as the Haynesville, Fayetteville and Barnett bring a sufficient internal rate of return of around 20% at a gas price of $5/MMBtu, while the Marcellus has the same rate of return at $4, analysts with Platts ...
Tags: Shale Gas Drilling, Natural gas
China National Petroleum Corp said Monday that it has started construction of an eastern section of its Third West-East gas pipeline in China. Work has started on the Ji'an-Fuzhou segment of the pipeline on May 9, which will run through ...
Tags: Natural Gas, Gas
Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration blocks that attracted no bids in the county's recent bidding round, company chairman Hussain Monsur said Thursday. Monsur said ...
The announcements this week by North American energy companies Marathon Oil and Talisman Energy that they are pulling out of shale gas exploration in Poland seems to have finally killed the government's initial hope that the former Soviet ...
Tags: Polish Shale Gas, Gas
Methanex Corporation announced that it has reached a final investment decision to proceed with the relocation of a second one million tonne per year methanol plant from its Chile site to Geismar, Louisiana. The plant is expected to be ...
Tags: Textile
ConocoPhillips, the biggest gas producer in northwestern New Mexico's San Juan Basin, will temporarily suspend new gas drilling there until further notice, a spokesman said Thursday. "We're beginning, effective immediately, a temporary ...
Tags: Metallurgy, Mineral, Energy, oil
China's National Development and Reform Commission on Thursday refuted local media reports that it was planning to raise the price of natural gas. In a statement on its website, the NDRC said media reports about a sharp rise in natural ...
Tags: natural gas, Metallurgy, Mineral, Energy
Russia's gas giant Gazprom expects to reach an agreement on the price of gas to be supplied to China via the eastern route in June, and sign a deal by the end of this year, Gazprom chairman Viktor Zubkov said in the full version of a TV ...
Tags: Gas Price, Eastern Route, Chemicals
South Korea's state-run Korea Gas Corp, the world's largest buyer of LNG, said Thursday it imported 34.97 million mt of LNG in 2012, up 2.9% from a year earlier. The state utility said it plans to import 37.90 million mt of LNG in 2013, ...
Prompt gas contracts on Continental European hubs recouped early day losses by midday Friday as two unplanned outages at Norway's gas fields, which send gas to the UK and the Continent, cut gas flows and sparked supply worries, one trader ...
Tags: Euro Gas, Fuel Supply, oil
Falling natural gas liquids production in the US Midwest and Rockies has resulted in a return of the regional frac spread to positive territory and a drop-off in ethane rejection since mid-January, a Platts analysis shows. Platts ...
Tags: natural gas liquids production, benchmark Conway, Kansas
Coal-to-gas switching in the US could decline as much as 2.6 Bcf/d year-on-year in 2013 because of higher natural gas prices, increased renewables generation and forecast lighter cooling demand this summer, a report BNP Paribas issued late ...
Tags: Coal, gas, natural gas prices