NEWS BRIEFING: Waha hub price crash, US gas reserves, India shale + more

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  • Waha gas prices fall to record low as producers pay offtakers to take gas
  • US natural gas proved reserves hit record highs in 2017
  • India’s largest coal bed methane producer set to invest USD 2 billion in shale gas exploration
  • Posco signs MoU with Brunei National Petroleum Company to explore LNG business opportunities
  • Shell exits Ireland’s upstream sector through sale of Corrib gas field stake
  • Okea purchases Shell’s stake in the Draugen and Gjoa fields offshore Norway
  • Russia and Vietnam reaffirm commitment to develop gas projects in disputed South China Sea
  • Petrobras sells upstream assets in Rio Grande do Norte and the Campos Basin
  • South Africa’s mineral resources minster vows to speed up oil and gas exploration
  • Romania’s Moftinu gas plant delayed due to technical issues

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