South Korea’s imports of liquefied natural gas dipped for the fourth consecutive month in April, compared with a year earlier, because of weak demand from local utilities. For full story, click here
Indian state-run explorer Oil and Natural Gas Corp plans to commence gas output in a field off India’s east coast by April next year. For full story, click here
Black Hills Energy declared that wholesale prices in April were the lowest in seven years, and the company has been purchasing some of that cheaper gas. For full story, click here
Paramount Energy Trust has confirmed that its distribution to be paid on May 15, 2009 in respect of income received by PET for the month of April 2009, for Unitholders of record on April 30, 2009, will be $0.05 per Trust Unit. For full story, click here
Provident Energy Trust declared that its April cash distribution of $0.06 per unit is payable on May 15, 2009 and will be paid to unitholders of record as of April 22, 2009. The ex-distribution date will be April 20, 2009. For full story, click here
Wednesday, May 20, 2009