China and the Philippines May Develop Gas Prospect
Reuters reported that the Sampaguita natural gas prospect in the South China Sea may be developed by Philippines-based Philex Petroleum Corp. and Chinese offshore oil producer CNOOC.
Articles Tagged "Gas Market News"
Natural Gas Rig Numbers Hit New Lows
MarketWatch reported that the number of natural gas rigs has dropped to a new ten-year low due to sinking natural gas prices.
Gas Use Soars, but Prices Remain Low
Bloomberg reported that although US power companies used 34 percent more gas this February than they did last year during the same period, gas prices have not gone up.
Turkmenistan, Pakistan, and India Plan Pipeline Talks
Reuters reported that Turkmenistan, Pakistan, and India may soon complete a gas price deal when the countries meet to discuss a pipeline through Afghanistan.
New Romanian Government Promises Shale Gas Moratorium
CNBC reported that Romania's new government has announced that there will be a moratorium on shale gas exploration in the country.
Bonterra Energy Declares 2012 April Monthly Cash Dividend
Bonterra Energy Corp. (TSX:BNE) has decided to pay its 2012 April monthly cash dividend of $0.26 per share on May 31, 2012.
Natural Gas Prices Surged 4%
The Associated Press reported that natural gas prices surged 4%.
MGM Energy: 2012 Q1 Financial Results
MGM Energy Corp. (TSX:MGX) reported its 2012 first quarter financial results.
Natural Gas Futures Dropped 11.8 Cents
Bloomberg reported that natural gas futures dropped 11.8 cents.
Chesapeake Energy Narrows its 2012 First Quarter Loss
CBS News reported that Chesapeake Energy Corp. (NYSE:CHK) has narrowed its 2012 first quarter loss.
