The international arbitration between Spanish gas shippers Gas Natural, Repsol YPF and Algeria’s Sonatrach has started in Geneva, according to reports in the Algerian press on Thursday. At the same...

The prospect of yet another Australian liquefaction project was raised this week, when Shell sold a stake in an offshore gas field to Malaysia.Shell’s Australian division, Shell Development...

Cyprus remains committed to the eventual installation of an LNG import terminal. A tender for a floating terminal is likely to be issued in October.A source involved in the project told Heren Energy...

Statoil is still uncertain when the first cargo of LNG will set sail from the 4 mtpa Snøhvit project in northern Norway. A company spokesman said there had been some problems at the liquefaction...

A report commissioned by environmental association WWF singled out RWE npower and EDF Energy as the two UK utilities showing the least progress in addressing climate change issues. Centrica and...

Centrally-set emissions caps for phase III of the emissions trading scheme (ETS) would be “a fairer and more equitable process for determining member states’ contributions to burden-sharing,”...

The German market followed the TTF slavishly from the middle of September. Activity was centered around the prompt, although there was scattered interest in curve contracts as well. On several...

Italy’s Ministry of Economic Development (Mse) has submitted a signed document to the country’s environmental ministry, in order to start an Environmental Impact Assessment (EIA) on the controversial...

In the past few weeks, global credit markets have been rocked by a crisis that is leading financing institutions to fundamentally reconsider the pricing of risky investments.New-build LNG projects –...

Angola FID soonA Chevron spokeswoman said this week the Angola LNG sponsors were finalising the work needed to reach a Final Investment Decision on the project: “We hope to be able to make that...

Activity in the French market picked up sporadically during the second half of September as the maintenance schedule lightened. The end of the two-week outage of the Britain to Belgium Interconnector...

India’s Petronet LNG Ltd is shortly to award an engineering, procurement and construction (EPC) contract for the proposed Kochi terminal, south India. The company, which operates the Dahej terminal,...

Vandals this week defaced prehistoric rock engravings on the northwest Australian site of the Pluto project being built by Woodside Petroleum, raising questions about how easily the project will be...

RWE and chemical company BASF have signed a deal to develop a new CO2 capture process from gas fired plants, alongside engineering group Linde. “The cooperation will comprise the construction and...

LNG spot traders are getting ready for a potentially active winter of diversions and trade. The Far East is still the highest priced market but Japanese demand has largely been covered now for...

The TTF prompt changed direction several times in the past ten days, with some sharp gains and falls sessions-on-session and strong intraday volatility. During the third week of September, Day-ahead...

Reports on China’s state newswire, Xinhua, this week said PetroChina, which recently signed deals to take LNG from the Gorgon and Browse liquefaction proposals in Australia (see HLM 7th September),...

Woodside Natural Gas, an affiliate of Australia’s Woodside Petroleum, held a public meeting about the OceanWay import terminal proposal in Los Angeles on Wednesday. The meeting was the first of a...

BG Group said this week that technical work on the Olokola LNG (OK LNG) project in western Nigeria was ongoing, although a Final Investment Decision (FID) has not been taken. Arshad Sufi, managing...

NBP gains drove up the Belgian prompt on several occasions during the second half of September, on the back of supply issues in the North Sea. Demand on the Continent was underpinned by renewed...