Natural Gas and LNG©2015 Petroleum Economist60Natural Gas and LNGBG farms into Cyprus block for $165mnUK producer BG has farmed into a 35% interest in Block 12 offshore Cyprus with US producer Noble for $165mn cash, 23 Nov 2015 00:00:00 GMTChina slashes natural gas pricesChina has cut natural gas prices almost 30%, with further reductions negotiable. LNG exporters will welcome the return of a major buyer, while domestic producers will be less happy., 20 Nov 2015 00:00:00 GMTStatoil drops Alaskan ambitionsNorway’s state-controlled oil producer has followed Shell out of the high-cost, high-risk Arctic, but downplays the extent of the costs it has incurred there, 18 Nov 2015 00:00:00 GMTDutch court orders further Groningen cut Giant Dutch swing gas field output to be halved, creating room for more peak winter deliveries from outside the European Union, 18 Nov 2015 00:00:00 GMTSingapore sees LNG price indices expandingSingapore is pushing the development of regional Asian LNG trade by encouraging local price discovery, 17 Nov 2015 00:00:00 GMTUK Premier sells Norwegian business for $120mn Premier has quit Norway, selling assets to Det norske oljeselskap in a cash deal worth $120mn, 16 Nov 2015 00:00:00 GMTBG invests further in Australian gas outletsQueensland Gas Company has set up an agreement that will feed the company’s LNG export prospects, 16 Nov 2015 00:00:00 GMTOphir signs Equatorial Guinea LNG heads of agreementOphir hopes to decide on floating LNG plant offshore Equatorial Guinea halfway through 2016, 12 Nov 2015 00:00:00 GMTMarathon Oil sells GoM fields in $205mn deal, 11 Nov 2015 00:00:00 GMTSantos aims to keep multiple bidders at baySantos to raise A$3.5bn to strengthen balance sheet and keep opportunistic bidders at bay, 10 Nov 2015 00:00:00 GMTChess, poker or roulette?Vladimir Putin has certainly rattled western politicians with his actions over the last 15 years and kept his popularity at home high in the process, 05 Nov 2015 00:00:00 GMTGolar agrees to provide FSRU for Ghana gas imports Ghana could be the first country in sub-Saharan Africa to play host to a floating storage and regasification unit (FSRU), 04 Nov 2015 00:00:00 GMTRussia could offer China better gas pricingRussia is well positioned to supply more pipeline gas to China as a weaker currency makes pricing more competitive, 02 Nov 2015 00:00:00 GMTRosneft, ExxonMobil team up in MozambiqueRussian and US majors win rights to explore in three blocks, in Mozambique licensing round, 02 Nov 2015 00:00:00 GMTSingapore sees LNG price indices expandingSingapore is pushing the development of regional Asian LNG trade by encouraging local price discovery, 29 Oct 2015 00:00:00 GMTShell loses $6bn on Q3 writedownsShell has reported a third quarter loss of $6.1bn - net of $8.2bn of upstream writedowns and charges linked to its unsuccessful Arctic drilling, 29 Oct 2015 00:00:00 GMTTullow Oil sees oil output boost from Ghana’s TENTullow Oil said its operated Tweneboa Enyenra Ntomme (TEN) development will increase its West African production by 50%, 28 Oct 2015 00:00:00 GMTGabon launches new oil bidding round Gabon officially launched a 2016 offshore bid round, offering five deep fields targeting a reversal om production slowdown, the country’s petroleum and hydrocarbons minister said, 28 Oct 2015 00:00:00 GMTMore US LNG could be sanctionedLNG prices need to rise another 20-25% to sanction new projects, said Charif Souki, the chief executive of Cheniere Energy, 27 Oct 2015 00:00:00 GMTChinese firm buys Texas oilfields for $1.3bnYantai Xinchao is to buy oilfields in Texas’s Permian basin from producers Tall City Exploration and Plymouth Petroleum for around $1.3bn, 27 Oct 2015 00:00:00 GMTMOL spreads E&P riskMOL Group is spreading its upstream risk more evenly, balancing growth in the relatively stable North Sea, 23 Oct 2015 00:00:00 GMTScepter makes $5bn swoop on SantosAustralia’s Santos has rebuffed a A$7.14bn ($5.15bn) takeover bid from Middle Eastern private equity group Scepter, 23 Oct 2015 00:00:00 GMTShell cautious on Mexico Oil major Shell hasn’t been won over by Mexico’s oil reforms yet, with much public sector work to be done, 21 Oct 2015 00:00:00 GMTInfrastructure allows Venezuela to offer gas to TrinidadFollowing several rounds of negotiations, Venezuela and Trinidad will trade gas, 20 Oct 2015 00:00:00 GMTKiev catches up with injectionsInjections into Ukraine’s underground storage were exceeding 80mn m³/d as PE went to press – good news for its western counterparts, 20 Oct 2015 00:00:00 GMTNorway completes Polarled lineWork on the 26.6bn m³/yr Polarled line is now done. It is the first pipeline on the Norwegian continental shelf to cross the Arctic Circle, 20 Oct 2015 00:00:00 GMTIndonesia shopping for LNG, 20 Oct 2015 00:00:00 GMTLenders standing by shale drillers, 15 Oct 2015 00:00:00 GMTBrazil’s 13th licensing round flops, 15 Oct 2015 00:00:00 GMTTrade deal opens new markets to US LNG, 14 Oct 2015 00:00:00 GMT