Natural Gas World

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Schlumberger Posts Big 4Q Loss

Services giant Schlumberger posted a huge $2.555bn net loss for 4Q that included a big writedown of past Venezuelan investments, just as Halliburton …


Halliburton Revenues Up, Takes LatAm Hit

US services giant Halliburton reported January 22 a loss from continuing operations of $805mn in 4Q2017 but said revenues and adjusted income was up …


Gazprom Wins Second TurkStream Approval

Gazprom has received Turkish approval to build the second strand of TurkStream, saying it's "a certainty" that both subsea strands will start …


[NGW Magazine] Mexico's gas imports held back

This article is featured in NGW Magazine's Volume 3, Issue 1 - Mexico bought more LNG from the US and fuel oil than expected, thanks to slow …


Nauticor Signs up Swedish Shipowner

Natural Gas

Chevron's N Sea Erskine Offline Again

The Chevron-operated Erskine high pressure, high temperature gas/condensate field in the UK central North Sea is down for the second time this month.

North Sea

Saffron Moves on Strategy with Italian Assets

UK independent Saffron Energy has bought Italian oil and gas reserves from Australian Po Valley and fellow UK-listed Sound Energy as it executes its …

Natural Gas

Oman LNG, BP Sign Seven-Year Deal

Natural Gas

ONGC Buys Govt Stake in HPCL for $5.8bn

India’s largest state-owned oil and gas firm ONGC has acquired the Indian government’s 51.11% stake in another state-owned company, Hindustan …

Government (India)

[NGW Magazine] Dutch Aim for Carbon Capture Use

This article is featured in NGW Magazine's Volume 3, Issue 1 - The Dutch are hoping to find users for industrial emissions of carbon dioxide, as …


[NGW Magazine] China and the US option

This article is featured in NGW Magazine's Volume 3, Issue 1 - China’s plans to import gas from the US might not spell the end of Russia’s own …


Exxon Secures Ultra-Deep Ghana Block

ExxonMobil has signed an agreement with Ghana to explore the ultra-deep DCTP offshore block. Nearby, CGG is to support Cameroon's licensing round.


[Premium] Gazprom 2017 Exports, Output Up

Gazprom boosted[1] its production in 2017 with more than 470bn m³ produced, 12% more than in 2016. In absolute terms, it is an increase of over 50bn …


[Premium] Baku to Spend $1.3bn on SGC in 2018

Azerbaijan’s Southern Gas Corridor Company has spent $8.6bn of its $11.5bn share of the giant pipeline project including Shah Deniz 2 (with …


Cepsa To Redevelop Algeria Oilfield

Cepsa and Sonatrach have signed a new concession contract that will enable the Rhoude el Krouf (RKF) oilfield to be redeveloped. Cepsa also gave an …


VNG Explores E&P Sale

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Natural Gas

Genel's Iraqi Kurdistan Gas Reserves Boosted

UK-listed Genel Energy has significantly upgraded its combined 2C gross (100% working interest raw gas resource estimate for the Bina Bawi and Miran …

Natural Gas

Fortum Rebuffed on Uniper Offer

Fortum has announced a low uptake in its tender for Uniper shares that closed midnight German time overnight between January 16 and 17.

Natural Gas

Nigeria Adopts Key Petroleum Reform Law

The Nigerian Federal House of Representatives this week finally passed the long-awaited Petroleum Industry Governance Bill (PIGB) into law. The bill, …

Natural Gas

China's December Output Highest in 36 Months

China's gas production in December rose to at least a 3-year high as demand jumped due to the harsh winter and the government's push to promote the …

Natural Gas

India Auctions 55 Blocks

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Fugro Starts Adnoc Sour Gas Survey

Fugro has commenced a programme of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of Abu Dhabi National Oil Company’s (Adnoc) …

United Arab Emirates

EIA Forecasts Record US Gas Production in 2018

The US Energy Information Administration (EIA) expects dry natural gas production in the US will reach a record 80.4bn ft3/day in 2018.

Natural Gas

BASF Says 2017 Results to Beat Forecasts

BASF, the German chemicals giant that owns upstream firm Wintershall, said January 18 it expects 2017 earnings, as it forecast, to be “considerably …

Natural Gas

Shell Invests in Rhineland Hydrogen

Shell and UK manufacturer ITM Power said January 18 they will build the world’s largest hydrogen electrolysis plant at its Rhineland refinery, at …

Green Economy

[Premium] Digitalisation and Energy Efficiency

The efficient use of energy resources will only be possible through digitalisation, as it unlocks untapped capacity, introduces new actors into the …

Energy Efficiency

Ukraine to Restart Russian Imports

Naftogaz Ukrainy is ready to begin purchasing gas from Gazprom in Q1, CEO Andriy Kobolev said at the annual press conference in Kiev January 17. He …

Natural Gas

Spain's Gas Natural To Bunker Ferry Line

Spanish gas marketer Gas Natural said January 18 it has signed the first contract in Spain for the supply of LNG for ship bunkering, with Balearia.

Natural Gas

French Gas-Fired Power Spikes in 2017

French gas demand in 2017 appears to have been stable year on year, but power plants used much more. The main gas grid operator GRTGaz also said …

Natural Gas

BHP H1 Output Drops 7% on Year

Australia miner and oil and gas producer BHP Billiton January 18 said its total petroleum production for July to December 2017, the first half of its …

Natural Gas