Tag Archive | "arctic"

Arctic region to hold 30% of undiscovered gas, strengthening Russia

Friday, May 29, 2009

The Arctic region announced that it may hold enough natural gas to meet current global demand for 14 years and most of it belongs to Russia, which could accentuate the country’s dominant role in the industry, U.S. geologists said. For full story, click here

South Parse: August 13

Wednesday, August 13, 2008

By Duncan Sutherland – Exclusive to Gas Investing News Bloomberg reported that NYMEX natural gas futures have lowered to their lowest in six months. The huge decline in the past month is comprised of multiple factors. First, the increased output and stockpiles have reassured traders of supply security. Second, the commodity drawdown has lured hedging [...]

US mission to Arctic to tap gas reserves

Tuesday, August 12, 2008

Canada and the US are collaborating for a research mission to the Arctic part of their bid to tap the potential vast oil and natural gas reserves beneath the Arctic Ocean floor. For more information, click here

South Parse: July 29th

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 [...]

Huge natural gas reserves estimated in Arctic

Friday, July 25, 2008

Government scientist estimate that a third of the world’s undiscovered natural gas lies below an area in the north of the Arctic Circle. For full story, click here

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