India Working to Lure Foreign Investment with Freeing of Oil, Gas Prices
Bloomberg reported that India, in an effort to draw more foreign investment, is considering freeing prices from locally drilled gas and oil. As quoted in the market report:
Articles Tagged "gas news"
Centrica, Qatar Petroleum Purchase Suncor Gas Fields for $1 Billion
Bloomberg reported that Centrica and Qatar Petroleum bought natural gas fields from Alberta's Suncor for $1 billion.
BHP to Report Production Increase on Higher U.S. Gas Prices
Reuters reported that BHP is expected to report an increase in quarterly output as a rise in U.S. gas prices has pushed production ahead.
Noble Energy Suggests That Israel’s Natural Resource Should Stay Status Quo
Bloomberg reported that Noble Energy's CEO, Charles Davidson, has said that re-investment in Israel is a possibility if the government was willing to discuss tax rates on natural resources.
Tamar Supply Good News for Israeli Refiners
Reuters reported that Israel's new abundance of natural gas is slashing their costs and providing security around supply.
Mitsubishi Gas, Mitsubishi Corp to Build Methanol Plant in Caribbean
Bloomberg reported that Mitsubishi Gas and Mitsubishi Corp have announced plans to build a plant that will produce methanol and dimethyl in the Caribbean.
GE Buys Lufkin Industries for $3.3 Billion
Bloomberg reported that GE has expanded its energy portfolio with the purchase of Lufkin Industries Inc for $3.3 billion.
Sasol Considering Unloading New Guinea, Iran Gas Assets
Bloomberg reported that Sasol is considering divesting its gas assets in Papua New Guinea as well as its stake in Ianian unit Arya Sasol Polymer.
Romanian Citizens Urging Government to Withdraw Concessions from Chevron
Reuters reported that Romanian citizens are protesting Chevron's plans to explore for shale gas, and are pressuring the government to withdraw concessions.
Elevated Demand Props up UK Gas Prices
Bloomberg reported that UK gas prices are continuing to be elevated , pushed up by short supply and colder weather.
