Pakistan's biggest oil and gas explorer, Oil and Gas Development Co., has increased the price of gas sold to twin distributors -- Sui Northern Gas and Sui Southern Gas -- by almost 8%, the company said in a statement Wednesday. The Oil ...
Tags: oil, gas explorer, Sui Southern Gas
Gas prices on the European prompt markets fell sharply Wednesday, extending the previous day's steep losses, on reduced demand and increased Norwegian flows. The day-ahead gas contract in the Netherlands TTF hub traded below Tuesday's ...
Gas contracts on European prompt markets extended last week's losses Monday on reduced demand ahead of the summer season when the market switches to injecting gas into storage facilities, which are at healthy levels. Day-ahead gas price ...
Tags: prompt markets, gas demand, gas Prices
Ukraine's National Committee for Power Regulation (NCPR), the government's energy sector regulating body, said on Monday it has moved to increase average natural gas prices for industrial consumers by 29.1% starting April 1. The committee ...
Tags: Natural Gas, gas
In a move that did not entirely come as a surprise, India's Election Commission earlier this week asked the incumbent government to defer a hike in the wellhead price of natural gas that was due to be implemented on April 1. But analysts ...
Tags: Natural Gas, gas pricing, OIL's production
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
European spot gas prices drifted lower Monday, with the Dutch TTF next day contract trading below Eur22.00/MWh, despite a slight drop in temperatures as healthy storage stocks and gas exports left the region well-supplied. Day-ahead gas ...
Tags: Spot Gas Prices, GASPOOL, weak prompt market
State-owned PetroChina lost some Yuan 49 billion ($7.9 billion) last year importing natural gas from foreign suppliers and selling it at lower domestic prices in China, the company revealed Thursday when it released its 2013 financial ...
Tags: Natural Gas, PetroChina, pipeline gas
France must urgently implement new rules to oblige shippers to import LNG after new gas capacity auctions indicated a massive increase in prices in France's southern PEG Sud market in the coming years, intensive users group UNIDEN said late ...
Tags: LNG Imports, gas capacity, LNG terminals
Big box warehouse retailer Costco's US parent company, Costco Wholesale Corporation, has reported its sales and earnings for the second quarter of its fiscal year (ending 31 August 2014) and for the half year to 16 February 2014. Net ...
Tags: Consumer Electronics, Electronics
China plans to raise citygate prices of natural gas consumed by non-residential users later this year, the National Development and Reform Commission said in its work report issued Wednesday at the start of the annual session of the ...
Tags: Natural Gas, on-grid tariff
As China is executing its ambitious shale gas development plans to reach 6.5 billion cubic meters (cm) by 2015, the US' experiences in the industry may offer a number of lessons for China, US and Chinese academics concluded in a conference ...
Tags: Natural Gas, Mineral
Russia's largest oil producer, Rosneft, and petrochemical company Sibur Friday reached an agreement under which the oil producer will sell its 49% stake in a gas processing joint venture to Sibur and guarantee supply of up to 10 billion ...
Tags: Rosneft, Gas, oil producer
Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...
Tags: Gas, Refining Margins
Markets for use of natural gas as a transportation fuel and to power industrial equipment are poised to take off in the next few years, the head of Encana said in Houston on Tuesday. "We at Encana believe that natural gas creates an ...
Tags: Natural Gas, transportation fuel