Abu Dhabi National Oil Co. and a division of Royal Dutch Shell said that they have signed a deal to explore the possibility of developing deep natural gas fields off the emirate’s coast. For full story, click here For Shell’s website, click here
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 Post-Ike news In the wake of Hurricane Ike, a steady flow of updates on production, refining and transportation infrastructure has been forthcoming. Overall, it seems the storm was relatively gentle to energy companies, reserving its wrath for the population centres of the Texas Gulf Coast. Natural [...]
An Iraqi oil official was quoted as saying: Iraq plans to sign a gas deal with Royal Dutch Shell PLC within a year and negotiations to sign the deal will start soon. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news The radical realignment of oil and gas prices after Hurricane Gustav’s relatively tranquil passage through the Gulf of Mexico has been interesting to watch. NYMEX futures showed light crude taking a body blow, while natural gas seemed to largely shrug off the news. Part [...]
Canada’s dealings with Russia, including a pact giving gas giant Gazprom access to North America’s marketplace, are being reconsidered due to Russia’s foray into Georgia. Canada’s Prime Minister Stephen Harper said: We’re examining obviously all aspects of our relationship. We’re obviously focusing on aspects that have to with the strategic and military situation, but we will of [...]
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