gas

Upstream investment in Nigeria has been stifled over the past decade by uncertainty over future petroleum legislation and plans for tougher fiscal terms for international operators.

Propane exports hit an all-time high of 1.3mn b/d in late December 2016, according to the Energy Information Administration, just as Enterprise's expanded terminal capacity opened on the Houston Ship Channel.

American Midstream Partners, LP announced it has entered into a definitive agreement for the sale of the Partnership’s Propane Marketing and Services (“Propane”) business to SHV Energy N.V. for $170 million in cash, subject to working capital adjustments

The JMMC met in St. Petersburg for its fourth meeting on 24 July 2017 to review the June 2017 report as well as the first six months of the Declaration of Cooperation, as submitted by the JTC.

Total gas consumption was around 114bn m2 in January-June, up by 11.7pc from the same period last year, according to the NEA, part of top economic regulator the NDRC.

Chubu Electric Power Co. and INPEX CORPORATION jointly announced today they will begin supplying wholesale electricity to city gas companies Ueda Gas, Nagano toshi Gas and Honjo Gas, sourcing power from Diamond Power Corporation (DPC), a Chubu Electric subsidiary.

«Green seismic» technology, which leads to lower tree felling in seismic prospecting operations, is being prepared for roll-out across Gazprom Neft assets.

Statoil and partners ENI and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea. Recoverable volumes are estimated at 1.5-3 billion standard cubic metres (BCM), approximately 10-20 million barrels of oil equivalent (BOE).

Statoil ASA and Queiroz Galvão Exploração e Produção (“QGEP”) have signed an agreement for Statoil to acquire QGEP’s 10% interest in the BM-S-8 licence in Brazil’s Santos basin.

Iran has set its sights on signing up to 10 upstream contracts with foreign oil companies by the middle of next year