
A tale of two gas markets
Ng Weng Hoong, LNG Industry Correspondent, discusses the disparity between the Henry Hub price and the Asian LNG price.
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Ng Weng Hoong, LNG Industry Correspondent, discusses the disparity between the Henry Hub price and the Asian LNG price.

San Leon Energy has been awarded the Praszka exploration concession in the Southern Permian/SW Carboniferous Basin by the Polish Ministry of Environment.

Gas pipelines constructed out of polyethylene face integral challenges such as slow crack growth. Recent technological innovations in test methods will help to meet stringent requirements for pressure pipe.

The third annual report by the China GreenTech Initiative notes that Shale Gas and Coalbed Methane could meet China’s booming domestic energy demand.

Canadian company Enbridge has outlined plans for a C$ 3.2 billion pipeline expansion programme designed to increase the flow of oil from Canada and North Dakota to the US.

ABB has won an order worth US$ 18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil.

The return of Vladimir Putin to the Kremlin has been heralded as something of a retrograde step in the development and liberalisation of Russia’s economy.

Coatings contractor Socotherm sees its participation in the offshore oil and gas industry expand after Valle Silencioso SA increases its stake.

Royal Dutch Shell and Chevron Corp. have won the right to develop the Ukrainian shale gas fields, Yuzivska and Olesska.

Concho has announced that it has agreed to a deal to purchase US$ 1 billion worth of Permian assets from Three Rivers Operating Company.

Marathon Oil has agreed to acquire Paloma Partners II LLC for US$ 750 million in cash as the company is expanding its activities in the Eagle Ford Shale where Paloma holds significant acreage.

An independent assessment of Original Gas-in-Place for Dart Energy’s shale portfolio has estimated it at a top level of 143 trillion ft3, with a best estimate of 76 trillion ft3.