Tagged With Kwok W Wan
Volatile markets batter majors' numbers, especially BP
1 August 2012
Volatile oil and gas prices dented earnings for the industry’s major players in the second quarter, with British supermajor BP reporting the worst of a set of disappointing results
US Bakken tight-oil output to overtake Iraq
20 July 2012
US unconventional oil production may surpass the second and third-largest Opec members by 2020
Search for liquids pushes US gas output higher
19 July 2012
Production has risen for a sixth consecutive year, as demand also increases
Japan restarts nuclear reactor despite backlash
16 July 2012
Japan ramped up reactor three, at the Ohi nuclear power plant, to full power this week, despite huge protests and a damning government-commissioned report into the Fukushima disaster
Gas still bound by oil link in global markets
10 July 2012
GDF Suez’s Jean-Marie Dauger explained to Kwok W Wan why diversity is key to gas’s golden age
Gazprom and E.On agree oil-link contract change
3 July 2012
German utility drops arbitration claim against Russian exporter
Nabucco West and TAP pipelines go head to head
2 July 2012
The Nabucco West Pipeline and the Trans-Adriatic Pipeline are two possible routes to carry gas to Europe
US LNG set to change price framework
25 June 2012
Asian liquefied natural gas buyers expect oil-link transition
Gazprom sees amicable end to gas contract row
20 June 2012
Arbitration filed against Russian exporter by European utilities are expected to end “amicably”
Oil-linked LNG not reasonable, says Japan Gas Association
11 June 2012
Japanese buyer wants imports linked to gas hub prices, rejects argument for oil-indexation
Inpex spends on upstream and LNG to shore up supply security
11 June 2012
Japanese energy player Inpex is keeping an eye on the future as it invests in foreign upstream developments, chief executive Toshiaki Kitamura tells Kwok W Wan in an exclusive interview
Total CEO makes case for oil-linked LNG price
8 June 2012
Christophe de Margerie noted the pressure that will be on LNG producers to insist on oil-linked gas contracts to safeguard long-term returns
US using cheap gas to prop up economy, says Medvedev
8 June 2012
Gazprom's deputy chairman claims the US government is keeping domestic gas prices low in order to stimulate its economy
E.ON sees Europe’s gas future married to renewables
8 June 2012
The head of Germany's Germany’s E.ON Ruhrgas and E.ON Trading said the future is with renewables in Europe
India has potential to be a major gas importer
24 May 2012
With brand new liquefied natural gas infrastructure and new pipelines opening, India has the potential to be a major gas importer. But the government faces a dilemma which may scupper its gas ambitions. Does it deliver much-needed market reform or does it protect millions of citizens living below the poverty line?
US backlash against LNG exports despite increased production
11 May 2012
Despite increased shale-gas production and slumping prices, the business and environmental opposition against liquefaction plants grows stronger and loude
Pakistan confirms commitment to the TAPI pipeline
12 April 2012
Delegates to the Asia Gas Partnership Summit in New Delhi broke into applause after Pakistan confirmed its commitment to the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline
US shale derails Australian CBM LNG plans
15 March 2012
US LNG exporters are using cheap shale gas to undercut Australia’s coal-bed methane, threatening billions of dollars in infrastructure investment
Opportunities grow as shippers chart course with LNG
8 March 2012
Rapid uptake of LNG-powered vessels presents multi-billion dollar opportunity for gas producers
Japan’s tough nuclear question after Fukushima
21 February 2012
A year after the Fukushima nuclear disaster, Japan’s atomic future remains in the balance
UK gas panic after freezing weather sparks LNG activity
7 February 2012
UK gas jumps above Russian oil-linked and Asian LNG prices
Russia plays on Europe’s gas-cut fears
6 February 2012
Gazprom reduces gas supply to Europe amid freezing temperatures
A market hungry for US LNG amid price concerns
2 February 2012
Companies are queuing up for potential US LNG exports, but domestic consumers are worried about the impact on Henry Hub gas prices
Oil price falls as supply fears evaporate
20 January 2012
Crude oil prices fell this week on evaporating fears of supply disruption from Iran and Nigeria, although the market was supported by positive Chinese and US economic data
Chipping away at Gazprom’s contracts amid falling demand
19 January 2012
With demand in its largest market declining, Gazprom is making price concessions to its big European gas customers. Will its passion for oil-indexed prices be next to succumb, asks Kwok W Wan
Nigeria’s energy unions cry wolf as markets dismiss threat
17 January 2012
The energy market has grown increasingly dismissive of Nigeria’s oil and gas unions and their seemingly empty threats to shut in the county’s energy exports
LNG market set for Thai demand surprise
12 January 2012
Could the sudden jump in energy demand from Thailand make it the surprise LNG buyer this year?
Strait of Hormuz: the world's LNG choke point
5 January 2012
How, if at all, asks Kwok W Wan, would shutting the Strait of Hormuz affect European gas and Asian LNG prices?
New European LNG route to Asia
5 January 2012
Russia lets first LNG tanker from Norway to Asia through the new Northern Sea Route
Argentina to buy up to 23 spot LNG cargoes in 2012
4 January 2012
State-run energy firm Enarsa rejects high price bid, turns to spot market to make up shortfall
2011: A year that defied predictions
21 December 2011
Anyone who, a year ago, said 2011 would see civil war in Libya; Muammar Qadhafi toppled and executed; revolutions in Tunisia and Egypt; a revolt in Syria; the quashing of a rebellion in Bahrain by Saudi Arabia; a new nuclear crisis; the near-collapse of the Eurozone; and a renewed pessimism in the global economy should be a candidate for some kind of Nobel prize
BP still under pressure 20 months after Deepwater Horizon
12 December 2011
It’s 20 months since the Deepwater Horizon tragedy. Anthea Pitt and Kwok W Wan ask: has BP really turned the corner?
Slump in gas demand forces oil-link rethink
1 December 2011
With EU gas demand and prices set to fall next year, importers want to renegotiate their long-term contracts. But Gazprom is sitting tight
Iraq’s oil law impasse as ExxonMobil moves into KRG
23 November 2011
Shahristani fumes over ExxonMobil’s KRG fait accompli: Iraqi government seems powerless to act over supermajor’s Kurdistan deal
KazMunaiGas EP’s $5 billion spending splash
26 October 2011
Kazakhstan’s KazMunaiGaz Exploration Production (KMG EP) is sitting on a large cash pile and looking for ways to spend it
Putin return will not rock Russian energy policy
19 October 2011
Vladimir Putin’s inevitable return to the top of Russian politics will not alter the country’s energy policy, deputy energy minister Anatoly Yanovsky told yesterday’s International Energy Agency (IEA) ministerial meeting
Japan hints at nuclear restarts after earthquake
19 October 2011
Japan is readying to restart its first nuclear reactors since March’s devastating earthquake, according the economy minister Yukio Edano
Spain’s renewable energy conundrum
19 October 2011
Spain will continue to rely on coal to back up its huge renewable energy programme, although linking the country’s electricity grid to France will also help, the Spanish government said
World needs $38 trillion energy investment
18 October 2011
The world must invest $38 trillion in oil, gas and electricity infrastructure over the next 25 years to stop prices from soaring, the International Energy Agency (IEA) said today. And about half of that will need to be spent in the power sector
Trans-Caspian gas pipeline vital to Nabucco
17 October 2011
Contentious trans-Caspian gas pipeline will be built; Shah Deniz gas will be transported through Nabucco; managing director Reinhard Mitschek talks to Kwok W Wan
Libyan gas exports from Greenstream pipeline set to flood Europe
14 October 2011
The restart of the Greenstream pipeline to Italy will flood an already oversupplied European gas market. Gas prices look set to drop
Opec’s El-Badri sees swift Libyan oil return
11 October 2011
Libyan oil production will hit 1 million barrels a day (b/d) in six months, and reach pre-war levels in less than 15, said Opec secretary general Abdalla El-Badri on Tuesday
Asian LNG price-index gains traction
29 September 2011
Traders are in favour of liquefied natural gas (LNG) price assessments for Asian spot trading, according to energy broker Tullett Prebon, and moving away from prices linked to oil
LNG market to break oil-linked gas price
29 September 2011
The expanding global liquefied natural gas (LNG) market is likely to erode traditional oil-linked gas prices, if not break them completely, the Energy Charter Secretariat said on Wednesday
Azerbaijan-Turkey gas-deal key to Caspian supply
23 September 2011
A phased approach to opening the gas Southern Corridor to Europe will persuade Caspian producers to make their gas available, says Greece’s Depa, starting with the ITGI link
GDF Suez in Gazprom contract talks
16 September 2011
GDF Suez is renegotiating long-term, oil-linked contracts with Gazprom and could take the Russian monopoly to arbitration, chief executive officer Gerard Mestrallet said on Thursday
Russia piles gas pressure on Ukraine
15 September 2011
Both the EU and Russia have the same objective, to ensure gas supply to Europe. But both are approaching their goals in very different ways
Rush to build new LNG tankers could backfire
13 September 2011
The rush to build new liquefied natural gas (LNG) tankers to cash in on high charter rates could backfire, with the market rebalancing by the time the vessels are delivered
EU starts trans-Caspian gas pipeline talks
12 September 2011
The EU has started talks with Azerbaijan and Turkmenistan to build a Caspian subsea gas pipeline as it seeks to boost central Asian exports to Europe
Ambitious Iraqi refining plan needs huge investment
9 September 2011
Securing finance for the plans to double refining capacity could prove difficult