A82 to close overnight for five nights

By Sue Restan

November 1, 2014, 4:14 pm Updated: November 2, 2014, 7:22 pm

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Energy poverty vs ESG emission concerns

Tackling emissions has come to dominate discussions around ESG, driving concerns that progress is slipping on tackling the energy gap that continues in many African states.

Surging gas prices squeeze PetroChina with $3bn loss looming

While most gas suppliers look set to benefit from a global spike in gas prices, PetroChina (HK:857) is one of the few exceptions, as regulated prices and rising gas import losses are set to squeeze China’s largest gas producer.

BP signs 5-year LNG deal with Australia’s Beach

BP (LON:BP) has signed a heads of agreement to buy 3.75 million tonnes per year (t/y) of liquefied natural gas (LNG) from Beach Energy’s (ASX:BPT) onshore Waitsia gas project in Western Australia’s Perth basin for a five-year term.

China’s power crunch is world’s latest supply-chain threat as gas shortage bites

China’s energy crisis is shaping up as the latest shock to global supply chains as factories in the world’s biggest exporter are forced to conserve energy by curbing production due to gas shortages. Significantly, China the world’s top buyer of natural gas, has not filled stockpiles fast enough, even though imports have surged in the last year. This could spark a global bidding war for gas supplies.