• Ceres Energy Limited acquires stake in Barrow Shipping Limited

    Ceres Energy Limited has acquired a stake in Barrow Shipping Limited. The move is in line with Ceres’ intention to enhance its standing in the renewable energy arena. Barrow is a major shipper of biomethane from anaerobic digestion in GB. Ceres will contribute its knowledge and experience of gas market operations, trading and marketing acquired […]

  • Ceres Energy and Advanced Plasma Agreement

    Ceres Energy and Advanced Plasma Sign Agreement for Shipping and Supply of Low Carbon Gas Ceres Energy and Advanced Plasma Power have signed a five-year agreement for the shipping and supply of low carbon bio-substitute natural gas1 (BioSNG) produced by Advanced Plasma Power’s advanced biofuels facility. Ceres Energy specialises in the transport and supply of […]

  • Groningen gas questioned

    Dutch parliament passes motion demanding joint venture disprove Groningen earthquake link The Dutch parliament has decided to reverse the standard burden of proof over claims gas extraction at the Groningen field has caused earthquakes, Reuters report. The decision requires the joint venture operating the Groningen field – including Shell, Exxon and the government itself – […]

  • 40% of UK shale could be off limits

    Guardian analysis finds land protections passed last week by parliament may hinder UK’s shale gale Two-fifths of the land offered in England’s 14th licensing round will not be open to shale gas exploration, an analysis by The Guardian shows. Labour-proposed protections passed last week in parliament ruled out fracking in national parks, areas of outstanding […]

  • Unhappy new year for Gazprom?

    Company ‘thinking’ about reducing its entire staff count by up to a quarter as rouble drops value Gazprom is considering cutting staff numbers by up to a quarter, Russian news agency Interfax reports. The Russian state-owned gas company could lose between 15-25% of its 459,500-strong workforce in both its parent company and “daughter” brands in […]

  • Asian LNG Price Drop Predicted

    Survey of analysts in agreement of expected 30% drop in 2015 due to oversupply and low oil cost. Asian LNG prices could drop by a third next year, a survey of analysts and forecasters by Reuters believes. The precipitous drop from average prices of around $15.50/MMBtu this year to nearer $11.00/MMBtu next year is largely […]

  • Halliburton-Baker Hughes?

    World’s second- and third-biggest oil services companies reach agreement, barring antitrust. Halliburton has agreed to take over Baker Hughes for between $35bn-38bn, the Financial Times report. The deal is not yet final: it is subject to antitrust oversight by regulators in the US and elsewhere, who may oppose the merging of the second- and third-largest […]

  • How Gas Won The World Cup

    Allegations revealed in cache of documents claim gas deals played major role in Qatar’s bid. A gas deal “that was potentially worth tens of millions of dollars” has come under scrutiny as The Sunday Times investigates alleged corruption in Qatar’s winning bid for the 2022 World Cup. The gas-rich emirate that won the bid to […]