South China Sea ruling risks escalating dispute
The Permanent Court of Arbitration in The Hague upheld the Philippines’ claims in the South China Sea this week, escalating tensions in the region.
View ArticleUkraine’s storage situation getting worse
Without direct imports from Russia, Ukraine’s stock levels are likely to be low at the start of the winter withdrawal period, and Naftogaz may struggle to refill its facilities.
View ArticleAnother gas glut in sight for North America
The United States and Canada are heading towards another gas glut, even though production rates are slowing and demand for the fuel is increasing.
View ArticleWinter prices on the NBP forward curve jump further
The Rough storage facility, which accounts for more than 70% of the UK's storage capacity, was shut at the start of the month, pushing up peak winter prices on the NBP forward curve.
View ArticleHenry Hub supported by demand from power and industry
The Henry Hub front-month futures price has come under pressure as a result of profit-taking and rising gas stocks in the US.
View ArticleTurkish coup could have far-reaching impact
The coup attempt in Turkey had little effect on the flow of oil and gas through the country, but the long-term consequences of political instability could be profound.
View ArticleThe future is bright for LNG in Kuwait
Kuwait’s increasing dependence on LNG imports will force traditional suppliers such as Qatar to become more competitive with LNG coming from the US and Australia.
View ArticleBrazil won’t buy gas to meet Olympic Games power demand
If Brazil does suffer electricity cuts during the Olympic Games in August, it will not be for lack of gas.
View ArticleItaly – LNG opportunities at risk
Italy’s dependence on gas imports is set to grow. As potential new LNG import projects face delays, opportunities for more diverse and competitive supply could be missed.
View ArticlePolitics clouds Turkey’s gas-to-power ambitions
Turkey’s political situation following the failed coup is expected to adversely affect the country’s long-term gas-to-power ambitions.
View ArticleMaintenance driving regional gas prices in the US
Regional gas prices in parts of the western US are expected to receive support from maintenance over the coming weeks, but Canadian prices remain under pressure.
View ArticleGloomy Q2 results expected for oil and gas majors
The release of Q2 results by major oil and gas companies will offer insight into how they are coping with the current low price environment.
View ArticleManzanillo – a glimmer of hope for LNG suppliers?
The Manzanillo LNG terminal in Mexico is attracting shipments from various sources, but its medium-to-long-term prospects remain weak.
View ArticleStatoil’s pre-salt deal will boost role of IOCs in Brazil
Statoil’s purchase of a majority stake in the BM-S-8 block offshore Brazil is a pivotal moment for IOCs’ ambitions to acquire a piece of the country’s pre-salt acreage.
View ArticleHenry Hub becomes more susceptible to storage plays
Low rates of gas injection will support Henry Hub front-month futures and spot prices. However, Canadian gas prices will remain under pressure from improving gas stocks.
View ArticleCamisea contract renegotiation back on agenda
Peru’s new administration wants to renegotiate gas production and LNG export contracts to boost revenues, but doing so will pose commercial and constitutional challenges.
View ArticleUS oil and gas production to decline in year ahead
A decline in US oil and gas production will tighten the market this winter, but the trend could reverse towards the end of next year as rig counts are improving.
View ArticleEurope’s hubs fall after July highs, but stay above 31 p/th
The NBP day-ahead was around 33 p/th on Tuesday, down from the highs seen in late July.
View ArticleHenry Hub falls as market looks beyond summer
The Henry Hub front-month futures price will come under pressure in the next few weeks as the US leaves the peak summer demand period.
View ArticleIs global gas price convergence here to stay?
The recent price convergence between European gas and Asian LNG – and whether there is more to come – is discussed in this contributed feature by Mitun Patel from QED Consulting.
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