Exploration & Production

Sinopec’s Lichuan gas processing plant in Hubei province

Hubei Energy’s gas supply to stall in short term

The main energy company of central China’s Hubei province has made moves to beef up local gas supplies, but they will be too late to provide a boost in the short term.

2 days ago Asia Pacific
A Pemex rig in Campeche Sound

Mexican government makes call for private cash for E&P

Greater private investment is seen as necessary for Mexico to meet its targets for boosting domestic gas production.

2 days ago Americas
An LNG tanker owned by Qatargas

Pakistan reliant on LNG as Eni’s Kekra 1 well comes up dry

Eni and ExxonMobil have failed to find hydrocarbons in the Kekra 1 well in Pakistan, leaving the country reliant on imported LNG to meet its growing demand for gas.

2 days ago Asia Pacific
ConocoPhillips' Bayu Undan platform in the Timor Sea

Chinese finance bolsters East Timor LNG plan

China International Capital Corp.'s agreement to help finance the onshore element of East Timor's Greater Sunrise project is a positive development, but doubts remain.

16 May 2019 Asia Pacific
Artist's impression of operations at the Tortue field.

West African gas starting to hit its stride

Motivated by the success of Tortue/Ahmeyim’s first phase, IOCs are looking with greater interest at offshore West Africa.

16 May 2019 Middle East & Africa
Drilling in the Vaca Muerta shale play.

Argentina struggling with Vaca Muerta pipeline

Government money for the $1.5 billion connection will be fundamental if the much-needed project is to go forward.

16 May 2019 Americas

Azeri offshore in need of European price rise

IOCs involved in E&P projects offshore Azerbaijan are launching exploratory drilling programmes in their blocks, but are likely to wait for European gas prices to rise before taking FIDs on export projects.

9 May 2019 Europe & Russia
A rig off New Zealand

NZ releases onshore blocks amid offshore ban

More than 30 blocks will be on offer covering more than 200,000 hectares in the onshore Taranaki region as new offshore exploration remains off-limits.

9 May 2019 Asia Pacific
Beijing at night

Beijing pays the price for limited supply options

Beijing’s local gas distributor currently has to hike non-residential retail tariffs considerably for winter to keep seasonal gas demand in check, but new supply sources starting up in coming years will allow it to offer more affordable gas.

9 May 2019 Asia Pacific
A drillship at work on the Leviathan field.

Leviathan accentuates Israel's need for gas exports

Israel wants to pin down a viable option for gas exports as commercial production from its Leviathan project becomes imminent.

3 May 2019 Middle East & Africa
A Sinopec Jianghan Drilling shale well

China’s gas output keeps rising but 2020 target still in doubt

The country’s production levels have been increasing steadily in recent months, but output is still short of what will be needed to meet the target of 200 bcm in 2020.

2 May 2019 Asia Pacific
The Malampaya project in the Philippines.

Shell's legal win a boost for Malampaya

Shell's victory in its tax dispute could see it extend the production life of the Philippines' biggest gas field, which could be bad news for LNG projects planned for the country.

2 May 2019 Asia Pacific
A rig in Australia's Galilee Basin

Labor to boost development of remote basins

Australia’s opposition Labor Party plans to allocate funding to spur unconventional gas development in the Northern Territory and Queensland.

25 April 2019 Asia Pacific
Bahia Blanca LNG terminal

Argentina’s LNG export dreams under pressure

The Latin American country is facing up to the cold, hard light of reality regarding its ambition to become an LNG exporter.

17 April 2019 Americas
The Goodwyn Platform in the North West Shelf.

Santos unveils major NWS gas find with potential for LNG exports

The liquids-rich find at Corvus 2 lies close to the shallow-water Dorado field – the third largest oil discovery in Western Australia's history.

17 April 2019 Asia Pacific

Asian spot LNG prices end 15-week fall

Prices rose by an average of 9% last week compared with the previous week, ending a run of weekly falls that saw prices hit their lowest level for the time of year since 2016.

16 April 2019 Asia Pacific
China's Fuling shale gas field.

BP’s China shale exit underscores urgent need for upstream reform

Policy moves suggest the Chinese government wants to diversify the closed-off upstream sector to drive shale gas development in the long term.

15 April 2019 Asia Pacific
Aguada Federal block in Argentina's Neuquén Province

Argentina’s perilous path to gas riches

Argentina’s efforts to become self-sufficient in gas and boost its exports of LNG and pipeline gas will be thoroughly tested as the country’s economy deteriorates.

12 April 2019 Americas
Infrastructure operated by Shanxi Gas Group

Shanxi backs flagship gas company to boost CBM

A major injection of capital and assets could allow the flagship gas company of northern China's Shanxi province to start make significant progress on local CBM development.

11 April 2019 Asia Pacific
The Saipem 12000 drillship in a shipyard

New discovery could disrupt Pakistan’s LNG plans

The discovery of a large oil and gas field offshore Pakistan could reduce the country’s LNG demand over the medium-to-long term.

4 April 2019 Asia Pacific

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