Corporate and markets©2015 Petroleum Economist60Corporate and marketsIndonesia shopping for LNG, 26 Nov 2015 00:00:00 GMTPertamina hooks up with Saudi AramcoIndonesian NOC Pertamina and Saudi Aramco are set to finalise a joint venture that will include a $5.5bn upgrade to Indonesia's largest refinery complex, 25 Nov 2015 00:00:00 GMT12 predictions for 2016 from the brightest minds in energyEnergy leaders set tone for 2016 in industry-defining publication, 24 Nov 2015 00:00:00 GMTBG 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 GMTIran prepares for its grand re-openingIran is to present what it hopes is a more investor-friendly contractual regime, but international oil companies are still wary of close engagement with the country, 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 GMTLibya’s unity at risk as east aims to capture oil exportsLibya’s Zueitina terminal has been shut again amid an effort by the east to wrest control of the country’s crude-export revenue, 18 Nov 2015 00:00:00 GMTAnti-austerity protests hit PetrobrasBrazil's oil sector is in the grip of the worst strike in decades, threatening plans to reform the sector and ease the dreaded local content law - as well as hitting output, 18 Nov 2015 00:00:00 GMTPdV aims to ramp up light oil importsVenezuela's PdV is ramping up imports of light oil to use as diluent at its Orinoco projects, 17 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 GMTCrude hits two-month lows as Dated Brent closesThree organisations published reports as December Brent crude contract was poised to close two-month low in November, 13 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 GMTMOL extends Balkan retail arm following positive Q3MOL reports third-quarter clean, current cost of supplies profit before tax, interest, depreciation and amortisation of forints 198.7bn, 11 Nov 2015 00:00:00 GMTMarathon Oil sells GoM fields in $205mn deal, 11 Nov 2015 00:00:00 GMTObama nixes Keystone XLAfter seven years, the Keystone XL project has been called off by President Obama, surprising few, 10 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 GMTAustria's OMV makes €1bn writedown on low oil pricesAustria's OMV announced €1.031bn ($1.1bn) of upstream impairment charges in its third quarter results, 05 Nov 2015 00:00:00 GMTSmog shrouds southeast Asian energy outlookAs leaders gathered for Singapore International Energy Week (SIEW) the city-state was covered in thick smoke, 04 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 GMTUS supermajors to face up to 'grim reality'ExxonMobil and Chevron both saw a sharp fall in profits in the third quarter, but they are charting markedly different courses, 03 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 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 GMTUS budget deal taps into SPR fundsA budget deal struck by US House Republicans and the White House would see millions of barrels of crude from the Strategic Petroleum Reserve (SPR) sold, 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 GMT