The state Public Utilities Commission announced that it will hold a public hearing in Sacramento on Tuesday about the proposed Sacramento Natural Gas Storage project. For full story, click here
Read the full article: "PUC has set hearing for natural gas storage..."
Tuesday, April 28, 2009
Southwestern Energy Co. revealed that it has posted a loss in its first quarter due to a hefty impairment charge related to lower natural gas prices. For full story, click here
Read the full article: "Southwestern Energy posted first quarter loss"
Tuesday, April 28, 2009
Brazilian state-run energy giant Petrobras announced that it has successfully launched its first auction of natural gas in which 16 gas distributors are participating. For full story, click here
Read the full article: "Brazil Petrobras called first Natural Gas..."
Tuesday, April 28, 2009
The government announced that it has planned to allot natural gas from Reliance Industries’s Krishna Godavari basin to steel companies affected by the shortage of the commodity. For full story, click here
Read the full article: "Steel Companies to get a share of KG Gas"
Monday, April 27, 2009
China National Petroleum Corp’s proven crude oil and natural gas reserves rose by 740 million tonnes and 416.8 billion cubic meters respectively in 2008. For full story, click here
Read the full article: "CNPC proven natural gas reserves grew in 2008"
Monday, April 27, 2009
Natural gas transmission and distribution company GAIL India Ltd declared that it has kept Rs 1,000 crore ready to start establishing city gas distribution projects along with its pipeline network. Chairman and managing director U D Choubey stated: We don’t have any shortage of money. For full story, click here
Read the full article: "GAIL India has kept Rs 1,000 crore for city..."
Monday, April 27, 2009
In an energy-packed punch charged with natural gas, the city seems to have discovered a way of consolidating its would lead to lesser overdraws and cheaper supply. Finance secretary Sanjay Kumar stated: Right now, they’re focussing on the demand in Delhi. For full story, click here
Read the full article: "Pumping up natural gas for low-priced power"
Monday, April 27, 2009
India’s natural gas market is set to change dramatically over the next few months. But what remains to be seen is whether the projected exponential growth actually materialises or the market is stymied even before it takes off. For full story, click here
Read the full article: "A policy push to gas sector is needed"
Friday, April 24, 2009
Unbridled Energy (CVE:UNE) today provided updated results for the year ending December, 2008. The company reported a 1,500% gain in revenue over the same period in 2007. Joseph Frantz Jr., UNE’s President and CEO is quoted as saying: The new wells on our Chautauqua Lake acreage have significantly increased our revenue stream… We previously announced [...]
Read the full article: "Unbridled Year End Results"
Friday, April 24, 2009
Natural gas storage levels surged in line with expectations last week, well above historical averages with demand weak. For full story, click here
Read the full article: "DOE reported natural gas supplies surged..."
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Tuesday, April 28, 2009