FSRU: Morocco Picks Mohammedia for Potential Floating Gas Facility
Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural gas (LNG) floating storage and regasification unit (FSRU), the Moroccan ports agency…
US Sanctions Will Push Gazprom CEO into Shadows
Alexey Miller, head of Russian gas giant Gazprom, will have to lower his public profile and delegate to someone else his powers to clinch deals and raise financing now that he has been added to a U.S. sanctions blacklist, analysts said.
ADNOC Inks 15-year Gas Sales Agreement with Dubai
Abu Dhabi National Oil Co (ADNOC) signed a 15-year gas sales agreement on Tuesday with the Dubai Supply Authority to supply the city's natural gas needs, a statement from the company said. The deal replaces a similar agreement signed in 1998…
Israel Approves Development of Large Offshore Leviathan Natgas Field
Israel's government on Thursday approved the development of the controversial Leviathan natural gas field that will give Israel a second source of gas supply while potentially turning it into a gas exporter.
Williams Partners Cuts 2016 Capex by About $1 bln
Pipeline operator Williams Partners LP , a master limited partnership of Williams Companies Inc , cut its 2016 capital budget by about $1 billion, or by almost a third, to $2 billion. The company said the…
Sonde Resources Files for Bankruptcy
Sonde Resources Corp. announced today that it has filed a voluntary assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada). In conjunction with this filing, FTI Consulting Canada Inc.
UAE Oil Minister: Low Oil Prices Won't Last for Long
The United Arab Emirates oil minister said on Monday that the drop in oil prices was unlikely to last for long and that the country would not alter its energy strategy because of the price fall. "I doubt it is going to last for very long…
Israeli Gas Row Could Require Arbitration
U.S.-Israeli group controls Tamar and Leviathan fields; antitrust authority says the group may be a monopoly. The group that controls two large gas fields off Israel's shores could seek international arbitration to defend its assets…
Erdogan: Turkey Will Buy Gas from South Stream Pipeline
Turkey will buy Russian gas from the South Stream undersea pipeline project via a hub near its border with Greece, President Tayyip Erdogan told a joint news conference with Russian President Vladimir Putin on Monday.
Turkey: Iraqi Kurdistan Exports Continue
Turkish Energy Minister Taner Yildiz said on Monday 6.5 million barrels of Iraqi Kurdish crude oil had been shipped to world markets via Turkey's Ceyhan port since exports began and that a seventh tanker was being loaded at the terminal.
Ukrainian Parliament Backs Pipeline Access to EU, U.S. Firms
Ukraine's parliament approved a law on Thursday to allow gas transit facilities to be leased on a joint venture basis with participation from firms in the European Union or United States. Ukraine will hold…
Ukraine to Discuss EU/U.S. Pipeline Access
Ukraine's parliament agreed on Thursday to discuss a bill to allow gas transit facilities to be leased on a joint venture basis with participation from firms in the European Union or United States. Ukraine…
Japan Test Production of Frozen Subsea Gas
Japan to begin the world’s first offshore drilling operation to extract frozen natural gas locked under the seabed. Japan Oil, Gas & Metals National Corp., known as JOGMEC, and the National Institute of Advanced…
