BHP Billiton (BHP.AX)(BLT.L), world’s largest mining company, is planning to drill for gas in South Africa’s West Coast. This project will pursue once they get their permits by August 2010. David van der Spuy, a resource evaluation manager at Petroleum Agency SA is quoted saying: “BHP Billiton holds the area on sub-lease under the previous legislation and [...]
Continue reading "BHP Billiton to Drill Gas in South Africa"
Tuesday, August 11, 2009
Canada’s energy players don’t quite seem to get it. At least, not yet. There is much hand-wringing going on about the depressed state of natural gas prices but nothing is being done. For full story, click here
Continue reading "LNG Spurred on Ailing Market"
Sunday, August 9, 2009
Shares of energy companies rallied Monday as oil traded higher amid a weakening dollar and a jump in the equities market. For full story, click here
Continue reading "Energy Skts Climb On Higher Oil Prices"
Tuesday, November 11, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for natural gas. So, [...]
Continue reading "South Parse: Talking Turkey"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a [...]
Continue reading "South Parse:Warning signs"
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Monday, May 24, 2010