2022-08-09 16:45
Average spot prices for natural gas at Henry Hub cooled a little in July in the wake of the June outage at the Freeport LNG terminal, but showed robust strength through July as gas demand re… Read More
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Natural Gas Asia - Asia's Unconventional Gas And O Blog
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Delivering the latest breaking news and information on natural gas and oil and unconventional resources in Asia.
2022-08-09 16:15
Canadian Montney producer Crew Energy said August 8 it had record production and adjusted funds flow in Q2 2022, alongside net income of C$88.7mn (US$68.9mn), which reversed a Q2 2021 loss o… Read More
2022-08-09 15:35
UK’s Centrica, which owns British Gas, said August 9 it had signed a heads-of-agreement (HOA) with US floating LNG (FLNG) developer Delfin Midstream for the purchase of 1mn metric tons… Read More
2022-08-09 13:20
2022-08-09 11:30
The flow of Russian pipeline gas to Europe has declined dramatically in the past three months. In particular, the curtailment of flows via Nord Stream have had an impact not just on Germany… Read More
2022-08-09 09:45
2022-08-09 07:20
Energy companies including Belgium's Fluxys and France's EDF have called on National Grid to take "urgent" action to address the problem of "toxic" and "hazardous" contaminants in the gas th… Read More
2022-08-09 06:55
2022-08-09 06:30
Sound Energy has launched the formal farm-out process for the second phase of the Tendrara gas project in Morocco, the London-listed company announced on August 9.The junior developer is see… Read More
2022-08-09 06:11
Keppel Offshore & Marine (Keppel O&M) has delivered the first of two new build LNG-fuelled containerships to US-based Pasha Hawaii, it said on July 31.M/V George III will join Pasha… Read More
2022-08-09 02:59
Japanese oil and gas company Inpex on August 8 lifted its 2022 profit estimate by 17% as higher realised product prices and the depreciation of the Japanese yen against the US dollar boosted… Read More
2022-08-08 14:40
An energy crisis looms in the Western Balkans. As EU leaders scramble to maintain their energy supplies for the coming winter, at least two Western Balkans states – North Macedonia and… Read More
2022-08-08 10:02
State-owned Pakistan LNG (PLL) has floated a tender for the supply of 72 LNG cargoes over six years, according to a document posted on the company website on August 6. The tender docum… Read More
2022-08-08 08:00
2022-08-08 07:17
China’s natural gas imports via pipeline and in the form of LNG during the first seven months of the year were 62.2mn metric tons, down 9.5% year/year, the country’s customs depa… Read More
2022-08-08 06:59
Beach Energy has finalised the LNG sale and purchase agreement with BP Singapore, a subsidiary of BP, it said on August 8. The initial agreement was signed in September last year.The agreeme… Read More
2022-08-08 05:29
India’s biggest LNG importer Petronet LNG on August 5 reported a 10.2% year/year increase in net profit for the three months to June 30 (Q1) thanks to high LNG prices and better operat… Read More
2022-08-08 04:19
LNG exports from the three projects on the Australian east coast in July came in at 1.64mn metric tons, down 7.3% year/year, Gladstone Port Corp. said on August 6. The exports were… Read More
2022-08-08 03:44
Japan’s MODEC and Toyo Engineering Corp have signed a deal to set up a joint venture company for the engineering, procurement, construction and installation (EPCI) business of floating… Read More
2022-08-05 16:02
Canadian infrastructure company Pembina Pipeline reported record Q2 EBITDA on August 4, reflecting higher natural gas liquids (NGL) and crude oil prices and margins and increased volumes on… Read More
2022-08-05 15:26
US shale producer Southwestern Energy said August 4 that its $1bn share buyback program launched two months ago had attracted around 2.8mn share repurchases, at a total cost of around $20mn… Read More
2022-08-05 14:40
Canada's TC Energy and Mexico's state-owned utility CFE on August 4 sanctioned the 1.3bn ft3/d Southeast Gateway Pipeline, a 715-km offshore pipeline that will bring gas into the coastal com… Read More
2022-08-05 13:10
2022-08-05 12:05
Sval Energi is acquiring Suncor Energy's Norwegian assets, landing it 4,000 barrels of oil equivalent of daily production and 19mn barrels of oil equivalent reserves, the company annou… Read More
2022-08-05 11:10
Chinese state-owned energy company Sinopec has secured industrial gas flow in the Pengzhou 5-1D well, a horizontal well in the western Sichuan gas field, it said via a social media post publ… Read More
2022-08-05 08:45
US-based Atlas Copco announced on August 4 it had reached a deal to acquire Suzhou Since Gas System, a China-based maker of on-site gas generation equipment.A private firm headquartered in C… Read More
2022-08-05 05:41
Australian energy infrastructure company APA on August 2 started work on the Western Outer Ring Main (WORM) gas transmission project that will enable larger volumes of gas to be transported… Read More
2022-08-04 21:00
Asian countries consume nearly half of the world’s energy and 70% of the world’s coal. China burns more coal than all other countries combined and plans to build an additional 80… Read More
2022-08-04 19:45
Since Russia’s invasion of Ukraine in February 2022, two key questions have been whether natural gas supplies to Europe will be cut and, if so, the timing and extent of that disruption… Read More
2022-08-04 18:00
The curtailment of Russian natural gas deliveries is a source of anxiety for the European Union — and rightly so, given that the bloc has been far too dependent for far too long on Gaz… Read More
2022-08-04 15:57
US major ConocoPhillips said August 4 it had Q2 2022 earnings of $5.1bn, more than double earnings of $2.1bn in the same period a year ago and confirmed it would increase capital returns to… Read More
2022-08-04 15:55
2022-08-04 15:13
US LNG developer Cheniere Energy said August 4 it had Q2 2022 net income of $741mn and adjusted EBITDA of $2.53bn, reversing a net loss of $329mn in the same period last year and more than d… Read More
2022-08-04 14:51
Denver-based Ovintiv, active in the Montney basin in Canada and in the Permian and Anadarko basins in the US, reported Q2 2022 net earnings of $1.36bn on August 3, reversing a $205mn net los… Read More
2022-08-04 14:45
2022-08-04 14:25
2022-08-04 13:30
Indian state-owned gas utility Gail on August 4 reported a 91% year/year growth in net profit in the three months to June 30 (Q1) on account of higher marketing and transportation volumes,&n&hell…Read More
2022-08-04 12:40
Eni subsidiary Enimed has hired Italian engineering group Saipem to transport and install a pipeline to connect for wells at the Argo and Cassiopea fields to the Sicilian coast, under a cont… Read More
2022-08-04 11:20
2022-08-04 09:15
Europe’s energy security is on a knife edge. The concern that there will be further Russian cut-offs is real. Given recent developments, with the on-and-off but continuous reduction in… Read More
2022-08-04 07:55
On June 7, the Center on Global Energy Policy at Columbia University hosted a private virtual roundtable conducted on a not-for-attribution basis on how Russia’s invasion of Ukraine ha… Read More
2022-08-04 06:10
A joint venture between Petrofac and Genie Civil et Batiment has been awarded an engineering procurement and construction contract worth $300mn from Algeria's Sonatrach for the Tinrhert EPC2… Read More
2022-08-04 05:35
Japanese shipping company NYK Line has booked an extraordinary loss in its energy business division due to the "deteriorating business environment" caused by the situation in Russia and Ukra… Read More
2022-08-04 05:20
2022-08-04 04:05
UN secretary-general Antonio Guterres on August 3 called on governments to impose taxes on the excessive profits of oil and gas companies as the world struggles with sky-high energy costs."I… Read More
2022-08-04 03:20
The Freeport LNG plant in Texas is set to resume operations in early October at close to its full capacity, under an agreement with regulators, its operator reported on August 3.The 15mn met… Read More
2022-08-04 03:09
Qatargas has delivered the commissioning cargo to Thailand’s LMPT2 Map ta Phut LNG import terminal, it said on August 3 on Twitter.The cargo was loaded in Ras Laffan on June 4, on the… Read More
2022-08-03 21:00
In this podcast David Ledesma discusses African LNG Import potential with Mostefa Ouki, Senior Research Fellow at the OIES. Africa has been a source of natural gas supplies to the rest of th… Read More
2022-08-03 20:00
The original TEN-E Regulation, adopted in 2013, established the regulatory framework for the development of cross-border energy infrastructure within the EU. Following the publication of the… Read More
Senegal, Mauritania Must Capitalize On Their Vast Natural Gas Resources As Quickly As Possible [GGP]
2022-08-03 19:00
Senegal and Mauritania could be described as rising stars in the energy industry.After one significant offshore discovery after another in the region between 2014 and 2017, it has become evi… Read More
2022-08-03 18:42
US natural gas producer Chesapeake Energy said August 2 it reversed a Q2 2021 loss of $439mn with net income of $1.24bn in Q2 2022, and said it would sell its Eagle Ford shale oil assets to… Read More
2022-08-03 18:00
July ushered in a wave of new price records in Europe as continued supply tightness and heatwaves pushed demand higher still. Prices in Europe stayed relatively stable last week but rem… Read More
2022-08-03 16:05
2022-08-03 15:37
Firebird LNG, a joint venture of Houston-based Phoenix Development Holding Company and Idaho’s MAD Energy, said August 3 it had advanced its project to gather associated natural gas &n&hell…Read More
2022-08-03 15:05
2022-08-03 14:45
US natural gas company Tellurian said August 3 it increased natural gas production in Q2 2022 by 47% from Q1 and expects to see output climb again with an agreement in July to acquire more p… Read More
2022-08-03 13:45
2022-08-03 13:05
France expects to fill 100% of its strategic gas reserve capacity by November 1, surpassing the EU's 80% requirement for the winter demand season, Reuters reported August 3, citing comm… Read More
2022-08-03 12:35
Engro Eximp FZE, a subsidiary of Pakistan’s Engro Corporation, has signed a memorandum of understanding with New York-listed Excelerate Energy to develop a gas marketing business in th… Read More
2022-08-03 12:05
Vladimir Putin kick-started the EU transition away from Russian gas. Since cutting or reducing gas supply to Bulgaria, Poland, Finland, the Netherlands and Denmark in April and May, the Krem… Read More
2022-08-03 10:50
The restart of Denmark's largest offshore gas producer Tyra has been delayed until at least October 2023 amid "supply chain challenges" that have derailed delivery of the process module for… Read More
2022-08-03 09:05
2022-08-03 08:45
2022-08-03 07:35
Touchstone Exploration has filed a notice to local residents that it will start pre-commissioning and commissioning operations at the Coho gas facility at the Ortoire block in Trinidad… Read More
2022-08-03 06:05
2022-08-03 05:35
Japan’s Mitsui and Mitsubishi Corp on August 2 slashed the value of their stakes in the Sakhalin 2 LNG and oil project in Russia owing to business uncertainty.Mitsui cut the fair value… Read More
2022-08-02 16:00
TechnipFMC said August 1 it had secured an EPCI contract to engineer subsea risers and pipelines for a Guyanese gas-to-energy project operated by Esso Exploration and Production Guyana Ltd… Read More
2022-08-02 15:30
Canada’s Advantage Energy said July 28 it had record production and adjusted funds flow in Q2 2022, helping push net income for the period to C$164.2mn (US$127.7mn) from just C$8.7mn a… Read More
2022-08-02 15:10
Canadian Montney producer ARC Resources reported record results in Q2 2022, as soaring commodity prices pushed free funds flow to a new high of C$677mn (US$526.3mn) and net income to C$762.9… Read More
2022-08-02 14:25
The government of Italy expects tax revenues to fall short of expectations amid disappointing compliance with its new 25% windfall tax on energy sector companies, Reuters reported August 2… Read More
2022-08-02 14:10
2022-08-02 13:00
2022-08-02 11:58
Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiaries, Keppel AmFELS and Keppel Shipyard, have been awarded contracts worth around S$75mn ($54.4mn) for the refurbis… Read More
2022-08-02 10:27
2022-08-02 10:20
2022-08-02 09:45
2022-08-02 09:11
Thai state-owned PTTEP on August 1 said that Zawtika’s onshore pipeline has developed a leakage and gas deliveries to Thailand had been suspended. The project, located offshore Myanmar… Read More
2022-08-02 07:41
Japanese utility Osaka Gas on August 1 slashed its net profit forecast by 62% for the 12 months to March 31, 2023 to 31.5bn yen ($240mn) from its previous estimate of 82bn yen owing to the s… Read More
2022-08-02 05:10
Cooper Energy on August 2 said that the average processing rate of the Orbost gas processing plant in July was 49.1 TJ/d, up 8% month/month.The company last month completed the acquisition o… Read More
2022-08-02 04:40
Bass Oil has completed the deal with fellow Australian oil and gas companies Cooper Energy and Beach Energy to buy eight production and exploration tenements located in the Cooper basin, it… Read More
2022-08-01 14:50
2022-08-01 13:40
2022-08-01 12:15
2022-08-01 12:00
2022-08-01 11:43
Thai state-owned energy company PTTEP on August 1 reported a 54% year/year jump in net profit for the six months to June 30 (H1) thanks to higher oil and gas prices.PTTEP’s net profit… Read More
2022-08-01 11:40
2022-08-01 11:10
2022-08-01 10:15
The Australian government on August 1 outlined a range of actions to safeguard gas supplies in response to the latest Australian Competition and Consumer Commission’s (ACCC) gas report… Read More
2022-08-01 10:10
French GTT has received an order from the Korean shipyard Hyundai Heavy Industries for the tank design of eight new LNG carriers on behalf of a European shipowner, it said on… Read More
2022-08-01 08:20
2022-08-01 06:37
Australia’s peak oil and gas body Appea on August 1 said that the gas industry will ensure gas supply next year, reassuring customers that the industry is responding to ensure energy s… Read More
2022-07-30 23:17
The flow of Russian natural gas to Lavtia was reportedly halted on Saturday.Gazprom PJSC said the action had been taken as the Baltic nation had “violated the conditions” of its… Read More
2022-07-29 17:00
2022-07-29 13:45
2022-07-29 12:43
2022-07-29 12:08
2022-07-29 10:02
2022-07-29 10:00
2022-07-29 09:00
2022-07-29 08:20
Australia’s Origin Energy on July 29 said the revenue from its stake in Australia Pacific LNG (APLNG) for the three months to June 30 (Q4) jumped 64% year/year owing to higher rea… Read More
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