The NYMEX January natural gas futures contract continued its downward slide Tuesday, dropping 6.8 cents to settle at $1.826/MMBtu as warm weather forecasts continue to put significant pressure on the contract. The National Weather ...
Tags: Gas, temperatures
Bulgaria and the European Commission have agreed to establish a joint working group to support the development of a gas hub in Bulgaria designed to serve the whole Balkan region. Gas infrastructure in southeast Europe is poorly ...
The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices
The government of Neuquen, a southwestern province of Argentina, said Monday it has approved ExxonMobil's investment plan for developing shale resources in the Bajo el Choique and La Invernada blocks. The company will work with Gas y ...
Tags: shale, GyP, natural gas
A consensus of analysts surveyed by Platts expects the US Energy Information Administration on Wednesday will estimate a natural gas storage injection of between 4 Bcf and 8 Bcf for the reporting week that ended November 20. The EIA plans ...
Tags: Natural Gas
The Indonesian government has invited bids for three shale gas blocks -- Blora, onshore Central and East Java; Batu Ampar in East Kalimantan; and Central Bangkanai, onshore Central and East Kalimantan -- according to a statement on the ...
Tags: shale gas Blocks, Blora, natural gas
With the implementation of the Developing Country (DC) Preferences by the Australian Government from 1 January 2015, garments made in Fiji now have improved access to the Australian market. The DC Preferences replaces the earlier South ...
Tags: raw materials, textile, clothing, footwear industry, Apparel
The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their ...
Mondi, an international packaging and paper manufacturer, has introduced new BIO TOP 3 80 g/m2 paper in a CO2 neutral version. Said to enhance the paper's environmental credentials, the latest version is now offered by TCF brand. ...
Tags: Mondi, BIO TOP 3 80 g/m2 paper, Packaging
Norway's Statoil and its partner ExxonMobil have increased the total volumes of gas-in-place at block 2 offshore Tanzania to some 20 Tcf following a new discovery with the Piri-1 well, Statoil said Wednesday. The find, with estimated ...
Tags: ExxonMobil, Norway's Statoil
The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
US coal stockpiles fell to 126 million st for the week ending Friday, down 32% from the five-year average, Bentek Energy said. Bentek, a unit of Platts, said lower coal production and higher coal consumption during the week meant US coal ...
Tags: Coal Stockpiles, natural gas
Australia is due for a second wave of LNG project development, despite spiraling costs that have hindered further progress in recent years, Santos Vice President of LNG Markets and Eastern Australia Commercial Peter Cleary said. Speaking ...
Tags: LNG Development, LNG Markets
The NYMEX June natural gas futures contract settled 4.6 cents higher at $4.405/MMBtu on Friday as the market consolidated ahead of the holiday weekend and eyed forecasts for hotter than normal weather into June. "Despite the short-term ...
Tags: Natural Gas, oil prices
UK onshore explorer Egdon Resources said Friday it could have 18 Tcf of gas initially in place in shale gas reserves in its licenses within the Bowland-Hodder shale sequence in northern England. That is equivalent to around 510 billion ...
Tags: shale gas, UK gas consumption