China’s delicate balancing act on gas market reform

China will continue to prioritise LNG in its energy mix despite the prospect of substantially higher LNG prices after around 2022. The dichotomy between government targets to boost the use of gas and the dynamics of a volatile world market was discussed at an Interfax breakfast seminar in London on 27th June.

Oil prices continue to weaken as global glut grows

Oil prices remain under pressure as rising US production pushes back impact of OPEC-led cuts. International benchmark Brent crude oil futures dropped as low as $45.4 per barrel on Tuesday – their lowest level since November 2016 – and dropped to similar levels early...

Companies need to get wise to smart power systems

Peter Stewart participated in the Hyper-smart Power Systems panel discussion at St Petersburg International Economic Forum. The article below appeared in the 1st June issue of Natural Gas Daily, an Interfax publication covering the global gas and energy markets. The views expressed are his own.

Iran’s response crucial in Saudi-Qatar spat

Saudi Arabia’s decision to up the ante in its long-simmering dispute with Qatar is a high-risk strategy. Although all sides are scrambling to defuse the crisis, there is a relatively low but nonetheless real risk that the rift with Qatar will spiral.