Iran, Ansaldo Sign Deal on Flare Collection and Use

Four major Iranian energy companies signed a memorandum of understanding (MoU) October 18 with Italian turbine manufacturer Ansaldo Energia to modernise their equipment as well as collect and convert flaring gas for power use.


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Petronas Urges Partnership During LNG Glut

Malaysian state-owned Petronas urged producers and consumers of LNG on October 18 to work together to foster the sector’s long-term growth and sustainability.


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South African Farmers Win Fracking Challenge

A South African farming lobby group has mounted a successful legal challenge to government legislation paving the way for fracking. There are believed to be substantial shale gas reserves in the arid Karoo region, and the Pretoria government is supporting exploration plans to better determine the viability of fracking.


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Genel Still Seeking Gas Partners in Iraqi Kurdistan

UK-listed Genel says it has continued to seek farm-in partners at its Iraqi Kurdistan (KRI) gas fields. In a trading update issued October 19, it said: “The company continued its efforts to maximise the value of its KRI gas assets, which included negotiations with potential farm-in partners for the upstream development of the Miran and Bina Bawi gas fields.


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Australian Santos Lifts Bottom End of Production, Sales Guidance

Australian gas producer Santos has lifted the bottom end of its 2017 guidance range for both production and sales following strong operating performance in Q3, the company said October 19.


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