Day: November 11, 2022
Canada’s Vermilion Energy reverses Q3 loss
But EU windfall tax could take a C$350mn bite.
Norway’s Aker BP wants “price floor” in European gas supply deals
Producers need downside protection if they are to agree to caps on new supply contracts.
COP27-US targets methane in ‘relentless’ emissions focus
U.S. President Joe Biden’s administration plans to toughen a crackdown on oil and gas industry methane leaks as part of a “relentless focus” on preventing planet-warming emissions, officials said on Friday at the COP27 climate talks.
Romanian government partially regulates energy markets until 2025
Romania’s government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until March 2025 to ensure security of supply.
Tlou raises A$3mn for Botswana gas power project
The energy company has issued 85.7mn new ordinary shares to an entity controlled by Sydney-based investor Ian Campbell.
Invictus’ Mukuyu-1 well in Zimbabwe confirms working hydrocarbon system
Mukuyu-1 is targeting about 4.3bn barrels of oil equivalent on a gross mean unrisked basis.
APA looks to sell oil and gas producing land in Southeast Texas – document
APA Corp is looking to sell around 212,000 net acres of oil and gas producing land in southeast Texas’ Eagle Ford and Austin Chalk shale basins, according to a document seen by Reuters.
Vintage plans 2 stage project for Odin gas field connection
By reconfiguring the project into two stages, the company will be able to start supplying gas from Odin as rapidly as possible, it said.
Australia considering gas price cap but rules out mining tax
Australian Prime Minister Anthony Albanese on Friday said his government will consider all measures, including introducing a price cap on gas, to rein in high energy prices, but ruled out introducing a mining tax on companies.
Weekly Natural Gas Prices Waver, Ultimately Advance in Topsy-Turvy Trading
Prices in the physical market catapulted higher Monday amid forecasts for widespread bitter cold by the weekend, then gave up ground the next two days amid benign near-term conditions, and then surged back ahead once again after freezing air advanced into the Midwest on Thursday to cap a holiday-abbreviated trading week. NGI’s Weekly Spot Gas…
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