AMP Capital Investors, with $95 billion under management declared that it is selling oil futures to purchase natural gas contracts in anticipation of an imminent price spike. For full story, click here
Natural gas producers in northeastern British Columbia are backing pipelines proposed by TransCanada Corp., enhancing the likelihood that the region’s plentiful resource will find its way to market. For more information, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market News: The American Energy Information Administration (the U.S. Government’s register of official energy statistic) is still forecasting an increase in home heating costs over the winter. The EIA did note that its figures were subject to change as new information about the extent of the [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news A mild rebound for hard-hit natural gas futures has developed over the past few days. Like the Dow Jones, oil prices and the Asian market indices, natural gas futures are also in a state of flux. The instability is fairly easy to source: investors [...]
By Duncan Sutherland- Exclusive to Gas Investing News Company news The headline this week is obviously Shell (NYSE:RDS.A) and the Iraqi government putting ink to paper on a US$4 billion joint venture deal that will see the company collect flareoff from oil production in Southern Iraq’s Al-Basra province. In even better news, Shell opened a [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news Ouch! Natural gas futures are hovering at six-month lows, in the mid-high US$7 range, on the NYMEX. Down by almost half their values in July, futures contracts reflect a growing conventional wisdom that demand is not going to keep up with American production “rising [...]
NYMEX announced margin changes for some of its natural gas basis swap futures contracts, beginning at the close of business tomorrow. For full story, click here
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