Natural-gas distributor AGL Resources Inc. declared that its first-quarter earnings surged 34 percent, driven mainly by $47 million in hedging gains, and maintained its earlier 2009 profit estimate. For full story, click here
Changfeng Energy Inc., a China based natural gas distributor, announced revenue of $13,014,236 for the year ended December 31, 2008 compared to $9,240,497 for the same period in 2007 representing a 40.8% rise. For full story, click here
Natural Gas and Mining Project, Egypt’s largest publicly traded gas distributor, said full-year profit jumped 14 percent. The reason for the jump was not provided. For full story, click here
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