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EU Council approves law on energy contract information mechanism
London (Platts)--22 Mar 2017 744 am EDT/1144 GMT
The EU Council on Tuesday approved the establishment of a mechanism that will allow Brussels to assess intergovernmental energy contracts with non-EU member states before they are signed.
Investment in Western Australian LNG threatened by unstable fiscal regime: Chevron
Sydney (Platts)--22 Mar 2017 542 am EDT/942 GMT
Western Australia is unlikely to see another large greenfield LNG development given the unstable fiscal landscape and Chevron plans to focus its attention on the completion of its Gorgon and Wheatstone projects, the company's managing director of its Australian arm Nigel Hearne said Tuesday.
NYMEX April natural gas continues rise, settling 5.2 cents higher
Houston (Platts)--21 Mar 2017 543 pm EDT/2143 GMT
The NYMEX April natural gas contract continued to march higher Tuesday, climbing 5.2 cents to settle at $3.093/MMBtu on a tightening supply-demand balance characterized by strong LNG feedgas deliveries, March demand above year-ago levels and a 2.8 Bcf/d year-on-year dip in production.
Norway's natural gas output edged down to 10.2 Bcm in February: NPD
London (Platts)--21 Mar 2017 750 am EDT/1150 GMT
Norway's gas production totaled 10.2 Bcm in February, the fifth straight month that Norway produced more than 10 Bcm of saleable gas, but output was down both year-on-year and month-on-month, preliminary data from the Norwegian Petroleum Directorate showed Tuesday.
India targets national LNG auto fuel norms in fiscal year 2017-18
New Delhi (Platts)--21 Mar 2017 457 am EDT/857 GMT
The Indian government has in-principle cleared the decks for LNG to be used as an auto fuel, with draft norms for its application in road vehicles to be ready in the new fiscal year from April, officials told S&P Global Platts on Monday.
Ferus plans small-scale British Columbia LNG facility to serve Yukon, NW Territories
Calgary (Platts)--20 Mar 2017 506 pm EDT/2106 GMT
Ferus is in the early stages of developing a merchant LNG facility in British Columbia to supply natural gas for mining companies in Yukon and the Northwest Territories to replace diesel they use for operations and for power generation, a spokeswoman said Monday.
Northern Europe to be warmer than normal in April-June: forecaster
London (Platts)--20 Mar 2017 1017 am EDT/1417 GMT
Northern Europe is set for warmer-than-normal temperatures between April and June, the Weather Company -- formerly WSI -- said in an update Monday, while the first summer forecast from the company suggests a similar pattern to that over the past decade.
Texas challenges PHMSA underground natural gas storage rule
Houston (Platts)--20 Mar 2017 1016 am EDT/1416 GMT
The Texas attorney general Friday challenged the authority of the US Pipeline Hazardous Materials Safety Administration to enact a rule to regulate underground natural gas storage facilities.
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