Natural Gas Plant has got Initial Approval

Thursday, July 30, 2009

A state board yesterday approved plans to build a natural gas plant in Brockton, but left local officials with the power to veto the plant’s construction by choosing whether to grant the zoning exemptions needed to build the 350-megawatt facility. For full story, click here

Chevron declared that some Pacific LNG Plants won’t Proceed

Thursday, July 30, 2009

Chevron Corp., the second-leading U.S. oil company, declared that its Wheatstone liquefied natural gas project in Western Australia is one of just “a handful” of LNG ventures proposed for the Asia-Pacific region that will go ahead. For full story, click here

SC decision on early hearing on Gas Case on Sept 1

Thursday, July 30, 2009

The Supreme Court declared that it will give a date on September 1 to expedite the decision pertaining to the Krishna-Godavari basin gas dispute between Mukesh Ambani’s Reliance Industries and Anil’s Ambani’s Reliance Natural Resources. For full story, click here

Natural Gas Inventories surged 71 bcf last week

Thursday, July 30, 2009

U.S. natural gas inventories surged 71 billion cubic feet in the week ended July 24, the Energy Information Administration reported Thursday. Analysts at IHS Global Insight had expected a buildup of 72 billion cubic feet. For full story, click here

Apache 2Q Profit slipped, but beats expectations

Thursday, July 30, 2009

Oil and gas company Apache Corp. declared its second-quarter profit has plunged 69 percent, but strong production and better prices pushed results beyond Wall Street expectations. For full story, click here

Gas Natural declared further synergies from Fenosa

Thursday, July 30, 2009

Spanish utility Gas Natural declared that it expects its acquisition of Union Fenosa to generate an extra 200 $283.2 millionof capital expenditure savings. For full story, click here

AGL Resources declared Second Quarter 2009 Results

Thursday, July 30, 2009

AGL Resources Inc. declared second quarter net income of $20 million, or $0.26 per basic share, compared with a loss of $11 million for the second quarter of 2008. For full story, click here

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Chevron has moved Wheatstone Project in Australia

Thursday, July 30, 2009

Chevron Corporation declared the award of a major front-end engineering and design contract for the first phase of the Wheatstone natural gas development in northwest Australia. For full story, click here

Spain Gas Delayed Till Mid 2010- Gas Natural

Thursday, July 30, 2009

The 8 billion cubic metre Medgaz pipeline will not begin pumping gas from Algeria to Spain until the middle of 2010. For full story, click here

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Methanex declared Q2 Loss of $5.7 mln as revenue cut in less than half

Tuesday, July 28, 2009

Methanex Corp. declared a $5.7-million loss in its most recent quarter on Tuesday as revenue was cut in less than half by lower sales volumes and lower prices for methanol. For full story, click here

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