February 2015

Contract LNG prices in Japan projected to fall 38% through 2016

Ultra-deepwater pipeline flows first gas in Gulf of Mexico

China finds sizable natural gas field in South China Sea

Turkey's energy minister and Russia’s Gazprom chief took a helicopter ride over the Black Sea to survey a possible route of the “Turkish Stream” pipeline Saturday.

RUSSIA'S GAS EXPORT REORIENTATION IS A LOGICAL MOVE

The United States and Russia are once more locked in what could be a generation-defining conflict, and Europe is yet again the core battleground. But this Cold War reprise isn’t about military supremacy.

Gazprom to market Yamal-sourced LNG to Europe and South America

China’s National Development and Reform Commission (NDRC) has approved Sinopec Beijing Yanshan Petrochemical Co. Ltd., a subsidiary of China National Petroleum Corp. (Sinopec), to proceed with its plans to build a grassroots refinery in Caofeidian Industrial Zone, Tangshan, Hebei Province, China

A Deloitte MarketPoint analysis suggested large-field projects, each producing more than 25,000 b/d, could bring on 1.835 million b/d in oil supply this year of which 635,000 b/d would be from members of the Organization of Petroleum Exporting Countries and the rest from non-OPEC productions.

European shipments of liquefied natural gas (LNG) are set to fall from record levels as the lowest Asian prices since 2010 remove the incentive to re-export the fuel.