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Australia Pacific LNG Runs 10% Above Nameplate Capacity During Operational Test
The Australia Pacific LNG terminal at the Port of Gladstone in Queensland has completed its 90-day operational test, during which time it produced, on average, more than 10%…
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Poland Requests Capacity in Norwegian Link
Polish state-run gas company PGNiG has officially voiced a need for gas transmission capacity in a Norway-Denmark-Poland line in the first phase of the open season procedure, it…
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Shell Boosts 2Q Earnings, Eyes US Sanctions, Qatar Chances
Shell posted a strong increase in second quarter net profits on July 27, up 31% year on year at $1.545bn, as it said it was monitoring carefully the progress of US sanctions…
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Statoil Cuts Costs, Raises Efficiency, Q2 Profit
Cost cutting and high operational performance drove Norway's state-owned oil producer Statoil's "solid financial results and strong cash flow," it said July 27. They…
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UK Follows France's 2040 Lead on Cars, But Without a Roadmap
The UK is to ban the sale of new petrol and diesel cars in 2040, following the lead set three weeks ago by France. The July 26 announcement by UK environment and transport…
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[Premium] EU Raises Alarm Over US Sanctions Impact
The European Commission (EC) has expressed concern about how draft US sanctions against Russia might "impact on EU energy independence." At their weekly top-level meeting, July…
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Spain's Gas Natural Cheered by LNG Deal
Spanish Gas Natural’s net profit fell by 15% year on year to €550mn ($640mn) in first half 2017, it said July 26, but it had good news regarding an LNG deal. GN’s…
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Turkey boosts gas import by 20% in April
Turkey increased gas imports (including LNG) by 19.61% to above 4.25bn m³ in April compared with the same month of 2016. According to a report, released by the…
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Petronas Scraps Canadian LNG Project (Correction)
(Corrects name and status of Shell's Canadian project, para 1) The Petronas-led Canadian venture Pacific NorthWest LNG in Port Edward, British Columbia will not proceed as…
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[Premium] Lithuania Eyes Chunk of Latvian Market
Lithuania's natural gas supply and trade company Lietuvos Duju Tiekimas (LDT), the gas trading arm of state-controlled energy holding Lietuvos Energija, has signed a supply…
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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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Gasunie Expects Tariff Ruling to Shrink 2017 Revenue by 25%
Netherlands state-owned infrastructure operator Gasunie has reported a fall in turnover and profits in 1H 2017, which it says will get steeper later this year following changes…
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Turkish Tanap Line Over 3/4 Built
To date, the construction of the 31bn m³/yr Trans-Anatolian Pipeline is 77.3% built, and gas supplies will begin to flow through it in the second half of 2018, the head of…
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UK Offers Mature Blocks in 30th Licensing Round: Update
(Adds industry comment in final two paras) UK upstream regulator, the Oil and Gas Authority (OGA) has offered 813 blocks or part-blocks in mature offshore UK areas in its 30th…
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Greece Extends Desfa Bidding to August
Greece's privatisation agency Taiped (HRADF in English) said July 24 that its board, following a request from a potential investor, has decided to extend up to August 7 2017 the…
