Foxtrot to invest in Cote d’Ivoire gas supplies
Foxtrot International and its partners in the CI-27 licence have reached a deal to invest in the area to keep gas flowing to power plants.
Gas
Savannah cashes in on Nigerian gas work
Savannah Energy has paid down $40 million of debt as of the end of March as a result of its Nigerian gas supply business.
‘Welcome boost’ for UK offshore sector as gas project gains approval
The Oil and Gas Authority (OGA) has given the nod for a southern North Sea gas project to go ahead.
Builders sought for EastMed pipe
IGI Poseidon has invited companies to submit plans for the offshore parts of the proposed EastMed gas pipeline, which will run from the southeast Mediterranean into Europe via Greece and Cyprus.
Gas: a strategic role in the UK energy transition
According to the International Energy Agency, natural gas currently accounts for 23% of global primary energy demand and nearly a quarter of electricity generation.
Perenco submits plan to decommission four platforms at North Sea gas field
Perenco has handed in plans to decommission four platforms at a gas field in the UK North Sea.
Key workers: ‘Significantly reduced’ Shell team still landing UK’s gas at St Fergus
A “significantly reduced” Shell team is still managing to land gas at one of the UK’s major terminals in Aberdeenshire, despite the Covid-19 outbreak.
Nigeria puts its foot on the gas
While the big goal of tackling its sclerotic oil industry is still languishing, Nigeria has been racking up progress in its gas sector.
Trio of UK oil and gas firms insist they can ride out market storm
A trio of London-listed oil and gas firms today insisted they could overcome volatile market conditions at the end of a bruising week.
Xodus Group reveals new analysis showing need for rapid pivot to gas
International energy consultancy Xodus Group has launched new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.
‘Decaf gas’ can help to tackle climate change
The debate around fossil fuels and the impact on climate change is getting increasingly polarised. What we urgently need is a more informed debate based on facts and evidence.
Second gas plant rejection brings joy for Fife villagers
Residents and environmental campaigners are rejoicing after controversial plans to build a gas peaking plant in the shadow of a Fife village were thrown out for a second time.
Updated: Virus-induced oil price slump harks back to Sars, Aberdeen oil experts say
Oil and gas shares were hit yesterday by a drop in crude prices brought on by the deadly Coronavirus outbreak originating in China.
Weak natural gas, LNG prices to put dent in Shell and BP full-year figures, analyst says
Weak natural gas and LNG prices will put a dent in the full year earnings of Shell and BP when the supermajors report their results in the next two weeks, an analyst has said.
Nearly half of fossil fuel bosses ‘believe gas and renewables are competing’ – DNV GL report
Almost half of senior bosses in the fossil fuels industry “believe gas and renewables are competing against each other”, according to a major new survey.
Cyprus criticises ‘pirate state’ Turkey over new gas drilling bid
Cyprus has denounced Turkey as a "pirate state" that flouts international law over its bid to drill for natural gas in the eastern Mediterranean.
Green hydrogen could price gas out of power markets by 2050
Power plants that run on hydrogen could be cost-competitive with those using fossil fuels by the middle of the century if governments double the cost of carbon pollution.
European gas prices fall as Ukraine, Russia deal averts crisis
European gas and power prices extended declines after a last-gasp accord between Russia and Ukraine on natural gas flows averted a winter supply crisis.
RSM’s 2020 oil and gas forecast: IR35, skills gaps and cautious optimism
Optimism with reservation
Oil holds near three-month high as US crude stockpiles shrink
Oil held gains near the highest close in over three months after U.S. crude stockpiles declined more than expected.
Further analysis needed to firm up Harvey-Redwell potential, IOG says
Independent Oil and Gas (IOG) will carry out further analysis and modelling to work out whether its Redwell and Harvey assets in the southern North Sea are worth developing.
Gas supply reconnected to more than 5,000 Scottish homes
More than 5,000 properties have been reconnected to the gas network as engineers work to restore supplies following a failure in the Falkirk area.
Thousands could be without gas for days during freezing conditions
Thousands of people could be without gas for days in central Scotland due to a mains failure.
Gas field in Tunisia’s ‘Star Wars’ region to start production
Tunisia’s biggest energy project -- a long-delayed, $1.2 billion joint venture with Vienna-based OMV AG -- will start producing natural gas by the end of the year, the country’s industry minister said.
Denmark sanctions giant Russia to Germany gas pipeline
Denmark will allow a joint German-Russian pipeline project, which will bring Russian gas directly to Germany under the Baltic Sea.