Energtek entered into a purchase contract with the Philippine National Oil Company for natural gas extracted from the San Antonio stranded gas well in the province of Isabela. For full story, click here
Read the full article: "Energtek Signs Agreement with PNOC–EC"
Thursday, July 31, 2008
San Diego based Sempra Energy strengthened its positioning in the natural gas with the acquisition of a gas storage and distribution company in Alabama. For more information, click here
Read the full article: "Sempra investing in gas storage sites"
Thursday, July 31, 2008
Texas oilman T. Boone Pickens agred that his plan related to pushing the use of more wind power and natural gas to replace foreign oil is expensive, however, it is still cheaper than importing fuel. For full story, click here
Read the full article: "T Boone pushes use of wind power and natural..."
Thursday, July 31, 2008
Chesapeake CEOAubrey McClendon, in an effort to capitalize on potential gas discoveries in USA, enhanced his campaign to persuade Congress to encourage greater use of natural gas. For full news, click here
Read the full article: "Chesapeake CEO pitches natural gas to US..."
Wednesday, July 30, 2008
Land owners are becoming instant millionaires in this part of the country as energy companies are paying top dollars for the mineral rights to the gas. For full news, click here
Read the full article: "Gas boom turns out to be a boon for..."
Wednesday, July 30, 2008
Manitoba’s Public Utilities Board approved a 6.9% rate hike for natural gas which will typical homeowners about 5.8% more on their gas bill. For full story, click here
Read the full article: "Manitobians to pay higher for Natural Gas"
Wednesday, July 30, 2008
Spain’s Gas Natural could launch an 18 euros per share bid for ACS’s stake in Spanish utility Union Fenosa, as per a report by newspaper Expansion. For full news, click here
Read the full article: "Gas Natural can launch bid for Fenosa today"
Wednesday, July 30, 2008
ExxonMobil announced that its affiliate has started operations of a $1.3 billion project in Nigeria to produce and sell natural gas liquids. For full story, click here
Read the full article: "ExxonMobil starts Natural Gas Liquids..."
Tuesday, July 29, 2008
By Duncan Sutherland- Exclusive to Gas Investing News Natural gas futures prices subsided over the past week. Down more than a dollar since the 23rd, it seems likely that a further drop is forthcoming given continuing consumer malaise in the United States. Bloomberg is reporting that “Inventories gained 70 billion cubic feet” in the country [...]
Read the full article: "South Parse: July 29th"
Tuesday, July 29, 2008
Record natural gas prices have led to a signficant boom in land sales in Alberta and British Columbia. Larry Boyd, AJM Senior Geological Specialist, was quoted as saying: The recent announcement of shale gas tests in Quebec, the extraordinary land sale prices in British Columbia, Stealth’s announcement of the first commercial shale gas play in [...]
Read the full article: "Record natural gas prices creates boom in..."
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Thursday, July 31, 2008