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BP Eyes US Midstream IPO, But Not Sale of UK Fields
BP said July 18 it is evaluating the formation and initial public offering (IPO) of a master limited partnership (MLP) to enhance shareholder value and to support BP's strategy…
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Gasunie Reports Mixed Views on TTF-BBL Merger
Gasunie's Dutch gas grid subsidiary GTS and the Netherlands-UK subsea gas pipeline operator BBL Company have published responses July 21 from shippers to their joint proposal,…
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German RWE Mulls Building Giant UK Gas Plant
German utility RWE is to begin the planning process to develop future energy options at its former Tilbury B coal-fired power station, it said July 20, adding that this could…
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Ukraine to Sign Gas Master Agreements
State monopoly Naftogaz Ukrainy intends to sign five-year general agreements with Swedish Vattenfall and the worldwide commodity trader Trafigura. The aim is to buy gas under the…
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Germany to invest $116mn in Ukrainian Efficiency
Germany is investing up to €100mn ($116mn) in energy efficiency programmes in Ukraine, the country's national investment council said July 20. The law was signed by the…
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Price Revision Lifts Iberdrola
Power-oriented Spanish utility Iberdrola said July 20 that its 1H 2017 profit rose by 4.2% year on year to €1.52bn ($1.75bn), of which 11% was from cheaper gas. It said the&nb…
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Noble Ends Leviathan Drillship Contract
Israel’s Delek Group said July 19 that partners in the Leviathan offshore gas field development decided the previous day (July 18) to end the contract with the ultra-deepwate…
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Gazprom Laying TurkStream 2 'Secretly': Press
Russian gas giant Gazprom has started laying the second thread of the Turkish Stream natural gas pipeline, Vedomosti business daily reported July 19, quoting a counteragent of…
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Balkan Companies Signed the Vertical Corridor MOU
National gas transmission system operators (TSOs) of Bulgaria, Greece, Romania, and Hungary signed a memorandum of understanding on the implementation of a Vertical Gas Corridor…
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Socar Studies Bulgarian Supply Options
Bulgarian gas transmission system operator Bulgartransgaz and Azerbaijan’s state-run Socar signed an MOU July 18 to look into shipping natural gas to Bulgaria and…
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Cuadrilla Expects UK Frack in 2H 2017
Six years after a moratorium was imposed in 2011 on all UK shale gas activity, lifted in late 2012 – and three years since the government said that UK shale gas reserves…
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Saudi Bloc Waters Down Demands on Qatar
Saudi Arabia’s ambassador to the United Nations, Abdallah Al-Mouallimi, said that the four nations that have blockaded Qatar – Bahrain, United Arab Emirates, Egypt…
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Scottish LNG Ferry to Start Up 2H2018
A key stage in the construction of the UK's first LNG-fuelled ferry was marked July 14 when an 88-metric-ton LNG tank was delivered to the Ferguson shipyard on the River Clyde…
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Market Discounts Tamar Profits
Israeli producer Delek this week sold 60% of its special-purpose vehicle Tamar Petroleum for just $200mn, less than half the hoped-for $450mn, it said July 19.. Demand for the…
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Gazprom's Exports Up 12% Jan-June
Russian giant Gazprom’s exports to non-CIS countries grew by 11.3bn m³ (or by 12.3%) in 1H17 year-on-year, it said. Buyers received 102.9bn m³ of gas. Supplies to…
