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Houston (Platts)--25 Apr 2017 1016 am EDT/1416 GMT
Coming off a two-year period of belt-tightening the first-quarter earnings of some North American exploration-and-production companies are expected to reflect the first signs of new gas production growth, but that growth is conditional upon the basins where the producer operates and the individual company's economic circumstances going into the quarter.
London (Platts)--25 Apr 2017 1012 am EDT/1412 GMT
Near-term UK wholesale natural gas prices crept lower early Tuesday with an increased reliance on storage withdrawals compensating for high demand, with the NBP curve tracking higher after having fallen lower on the open.
Singapore (Platts)--25 Apr 2017 1010 am EDT/1410 GMT
State-owned Petrobangla is still eyeing the purchase of Chevron's three upstream fields in Bangladesh, which account for 58% of the energy-starved country's gas output, after the US-based major announced Monday an agreement to sell them to Chinese joint venture Himalaya Energy.
Singapore (Platts)--24 Apr 2017 142 pm EDT/1742 GMT
US-based Chevron has agreed to sell the shares of its wholly owned subsidiaries operating three upstream fields in Bangladesh, which account for nearly 58% of the country's gas production, to Chinese joint venture Himalaya Energy, the US major said in a statement Monday.
London (Platts)--24 Apr 2017 852 am EDT/1252 GMT
Turkish gas demand -- which five years ago was expected to almost double to 81 Bcm/year by 2030 -- is unlikely to even reach 60 Bcm/year in the near future as a result of a deliberate effort by Ankara to reduce the country's dependence on imported gas, a paper published Monday by the Oxford Institute for Energy Studies concludes.
Houston (Platts)--24 Apr 2017 851 am EDT/1251 GMT
The long-awaited bottoming of the two-plus-year oil and natural gas industry downturn has finally reached beyond North America, with gradual recovery this year before accelerating into 2018, the CEO of oil services giant Schlumberger said Friday.
London (Platts)--21 Apr 2017 929 am EDT/1329 GMT
Dutch and German spot gas prices gained value Friday morning with forecasts of colder weather over the weekend and into next week, set to boost gas demand in the near-term as a result.
Dhaka (Platts)--21 Apr 2017 325 am EDT/725 GMT
State-owned Petrobangla has inked final deals with Summit LNG Terminal Co., a subsidiary of the Summit Group, to development Bangladesh's second floating LNG terminal, Tariqul Islam Khan, Petrobangla's manager of communication, said Friday.
Houston (Platts)--20 Apr 2017 424 pm EDT/2024 GMT
The NYMEX May natural gas futures contract fell 2.6 cents to settle at $3.159/MMBtu Thursday, following Wednesday's 4-cent climb, as the weekly storage report showed a higher injection than expected.
Singapore (Platts)--20 Apr 2017 757 am EDT/1157 GMT
Vitol said Thursday it has signed a multi-year LNG purchase agreement with Gazprom Marketing & Trading Singapore for the purchase of 300,000 mt/year of LNG from 2018.
Sydney (Platts)--20 Apr 2017 648 am EDT/1048 GMT
Australia's Santos has ramped up gas production to feed its Gladstone LNG export facility in Queensland, while cutting back on third-party purchases after coming under increasing pressure to address a potential gas shortage in the region.
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