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UK's Cadent Appoints Chairman
Cadent Gas, the UK gas distribution company spun off by National Grid, said July 25 it has appointed Adrian Montague (below) as its chairman. He joined the Cadent board for the…
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EBRD Extends Ukraine Loan for Gas
State-owned Naftogaz will be able to borrow up to $300mn from the European Bank for Reconstruction and Development when Ukraine's cabinet approves the 2017 [sic] financial plan…
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Gjoa Restarts After 2-Week Leak Outage
Engie E&P said July 7 that the Gjoa platform in the Norwegian part of the North Sea is back in production after a gas leak on June 21 forced it to close. The…
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New Board for South Africa's Troubled PetroSA
The board of South African state Central Energy Fund (CEF) announced July 6 the appointment of an interim board for PetroSA. None of the previous PetroSA board members was…
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OMV Resumes Tunisia Work at Nawara
Work has resumed on a development onshore southern Tunisia that could boost the country's gas production by one-third by 2018. Tunisian protesters blockading OMV’s onshore…
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Tamar Raises $650mn in Bonds
Tamar Petroleum raised $650mn in an Israeli market bond offering, it said July 6, while demand was for twice that sum. The interest rate was fixed at 4.69%. Upon completion…
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Uzbekneftegaz to Fire 12,000 Staff
Uzbekistan's President Shavkat Mirziyoyev has decided to fire 12,000 Uzbekneftegaz employees, or about 10% of its staff, as part of a major restructuring, the website of the head…
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Global Gas Flaring Up Again in 2016: World Bank
Gas flaring at oilfields rose by a further 2bn m³ last year to 149.3bn m³, from just over 147.2bn m³ in 2015 and has risen in each of the three years…
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UK JKX Loses Two Execs at AGM (UPDATE)
(Updates following board meeting) Shareholders at UK registered explorer JKX voted to remove three directors including the CEO and the CFO at their annual general meeting June 30.…
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Shell Welcomes Climate Transparency Report
Anglo-Dutch major Shell said June 29 it welcomes the final recommendations set out in a report published today by the Task Force on Climate-Related Financial Disclosures (TCFD).&nb…
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Shell, Exxon Challenge Lower Groningen Cap
NAM, the Dutch Shell-Exxon gas production joint venture operator, said June 28 it has lodged an appeal to the Netherlands highest administrative court, Raad van State, against a…
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Phased Enacting of Nigeria's Petroleum Bill Thwarted
Nigeria's federal House of Representatives has set up an ad-hoc committee to review the Petroleum Industry Governance Bill (PIGB), part of which was passed May 25 by the Senate…
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Naftogaz Steps in, Says Kiev Delays Pipeline Work
State-owned Naftogaz Ukrainy will "step in to make sure Ukraine's gas transmission system (GTS) modernisation plan is developed," the gas supply and transport owner said June 23.…
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Israel Pushes Back Licence Round Date Again
Israel's energy ministry announced June 22 the "extension of the competitive procedure for opening the sea to new natural gas and oil exploration until November 15." It is the…
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Qatari Ship Accident Report Published
The UK’s statutory Marine Accident Investigation Branch June 15 published its final report on the serious injury to a deck officer aboard the Qatari LNG tanker Zarga on…
