Investment bank Goldman Sachs on Monday cut its 2013 US natural gas price forecast to $3.75/MMBtu form $4.25/MMBtu, saying mild winter weather across the US has failed to put a serious dent in storage levels. The bank said higher levels ...
Tags: Investment bank, Goldman Sachs, US, natural gas, price
Reuters reported that China will review on grid power tariffs annually and adjust them if thermal coal prices fluctuate by more than 5% a year. Government marking a small step towards broader market-oriented energy pricing reforms. ...
Tags: thermal coal prices, thermal coal, energy, soaring coal prices
Bloomberg reported that Austrian steelmaker Voestalpine AG said on December 19 it may construct a EUR 500 million factory in the US to benefit from cheap gas. Nucor Corp also plans to start up a USD 750 million Louisiana project in mid ...
Tags: Voestalpine AG, steel, gas, Austria
Pakistan Daily Times reported that the Economic Coordination Committee of the cabinet,which recently met with Dr Abdul Hafeez Shaikh Federal Minister for Finance and Economic Affairs in the chair,approved the recommendations of its sub ...
Tags: Pakistan Daily Times, ECC, CNG, Pakistan
As the photovoltaics sector transitions to emerging markets and away from Europe, analyst company NPD Solarbuzz is predicting a massive rise in demand for solar energy across Latin America and the Caribbean over the next five years. ...
Tags: Solarbuzz, PV Market, Latin America, CAGR
The next two weeks will be a "make-or-break" period for $4/Mcf natural gas prices this winter, and forecasts of warmer-than-normal weather across the eastern US during the period are pointing to "break," energy investment bank Tudor ...
Tags: January, natural gas prices, gas, Mineral
US railroads in 2012 hauled less coal, by far the largest commodity to travel by rail, but made gains in other commodity groups, such as petroleum products, which saw growth of more than 46%, according to annual traffic data released ...
Tags: US Rail Traffic, Coal Woes, Oil Loads Climb, Chemicals
Demand for solar energy across Latin America and the Caribbean is poised for explosive growth through 2017, with a forecast compound annual growth rate (CAGR) of 45%, according to NPD Solarbuzz. According to Chris Sunsong, analyst at NPD ...
Tags: solar energy, Latin America, the Caribbean, CAGR
Same and next-day gas prices on the UK's NBP trading hub were valued below 61.00 pence/therm on the last trading day of the year, around 7 pence down on the start of the month. The within-day contract was valued at 60.50 p/th at 1200 ...
Tags: gas prices, gas market, UK, gasd indusrty
Government auctions of oil and natural gas exploration rights in Western Canada have fallen to some of their lowest levels in the last 15 years and hopes of a recovery in 2013 hinge on operators making a breakthrough in new liquids-rich ...
Tags: oil, natural gas, barometer, industry confidence
With the combination of steep escalation in utility prices and current economic climate, the price that a businesses and homeowners pay for electricity and natural gas can mean the difference between make and break for their bottom line ...
Tags: utility prices, electricity, natural gas, electricity price
Coal's share of the energy mix will continue to rise, with global consumption projected to reach 4.32 billion tons of oil equivalent (toe) by 2017 despite the fossil fuel's slowing growth rate, according to the International Energy Agency ...
Tags: International Energy Agency, global coal demand, gas and coal prices
Sales of alternative fuel vehicles such as hybrid, plug-in hybrid, and electrics, in the US, saw a 73% rise in 2012, according to a report by Mintel. Over 440,000 hybrid, plug-in hybrid, and electrics were sold so far this year, with the ...
Tags: Alternative Fuel Vehicle, Auto Parts, Honda
Global oil and gas transactions have suffered a modest decline in both deal count and total value in the H1 of 2012. According to Mergers and Acquisitions in the Oil and Gas Industry, however, increasing merger & acquisition interest by ...
Tags: Energy, oil, gas, Acquisitions, Mergers, based energy, petroleum
The Alberta government is aiming to attract major investment in its natural gas sector in 2013, as part of the Canadian province's strategy to develop a balanced and diversified energy portfolio, a provincial government official said ...
Tags: natgas investments, gas sector, gas, gas prices