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SUBCATEGORIES
- Natural Gas News Americas
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Halliburton Posts Improved 3Q on Strong Pressure Pumping Market
US oilfield services provider Halliburton posted strong 3Q 2017 results October 23, with total operating income rising nearly 400%, to $634mn from $128mn in the year ago period,…
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Armenia Eyes Turkmen Gas
Yerevan, Tehran and Ashgabat have been negotiating the transit of natural gas from Turkmenistan to Armenia through Iran, Armenia's energy minister Armenia Ashot Manukyan told…
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Novatek Inks Kamchatka LNG Facility Deal
Russian independent gas producer Novatek has signed a co-operation agreement with the Kamchatka government, in Russia's Far East, relating to building a sea terminal…
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Kosmos Awarded 1st Equatorial Guinea Blocks
US independent Kosmos Energy has been awarded three licences offshore Equatorial Guinea, following an agreement announced October 23 with the West African nation's energy…
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Qatari Nakilat 9-Month Profit Down 19% on Year
Qatari LNG shipowner Nakilat October 22 reported a net profit of Qatari real 607mn ($160.5mn) for the first nine months of 2017, down 19% year on year. The lower profit was…
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Brazil to Launch Pre-Salt Bid Rounds Oct 27
Brazil's upstream regulator ANP said the second and third pre-salt bidding rounds will be held October 27 and offer blocks on a production-sharing basis. State Petrobras…
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Engie Confirms Talks to Sell LNG Interests to Total
French utility Engie is in talks to sell its LNG business to Total. It has not been the first time in recent years that such a report has surfaced, but this time neither company…
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Tlou Submits Botswana Power Plan
Australia and AIM-listed minnow Tlou Energy submitted its plan for a coalbed methane (CBM)-power project to the government of Botswana by the September 20 deadline, it said in a…
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Sub-Saharan Africa Still Hit by 2014 Price Slump: Correction
Correction: NGW earlier wrongly reported that WoodMac had estimated 87% of upstream projects in Angola and Nigeria had been downgraded, deferred or cancelled. The correct…
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Oil Search Director to Take Over as Chairman of Santos
The chairman of Australian gas producer Santos, Peter Coates, will step down in February next year and be replaced by Oil Search’s Keith Spence, Santos said October 23. …
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Nigerian Independent Seplat Back in the Black for Q3
Nigerian independent Seplat returned to profit in Q3 2017, according to its results published October 23. It made an operating profit of US$40.9mn for the quarter, compared with…
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Australian Beach Energy FY17 Output Up 9% on Year
Australian Beach Energy’s production during the 12-months to June 2017 was 10.6 million barrels of oil equivalent, up 9% year on year. Oil accounted for 54%, with gas and…
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India's September LNG Imports Rise 5% on Year
After falling almost 3% in August, LNG imports into India for September increased by almost 5% year on year to 2.41bn m³, data published by the Indian oil ministry's…
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Schlumberger Boosted by Shale, Oil on the Up (Update)
(Updates with Baker Hughes GE results) US oilfield services giant Schlumberger sees the oil price moving up as geopolitical risk premium replaces the oversupply discount, it…
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Shell Lifts FM, as Nigeria Supplies Ease, Oil Dips
Shell has confirmed that its force majeure (FM) at the Bonny Light crude export terminal in southern Nigeria was lifted October 19 at midday local time. Shell imposed the FM&…
