Gas production saw a marginal dip in December 2008 - the natural gas output fell by 1.6 per cent when compared with the same month of the previous year, according to data released by the Petroleum Ministry in India. For full story, click here
EnCanna Corp, Canada’s major natural gas producing company, fell with grain and oil prices in Toronto. The stocks of the company fell 4.4 % to C$57.60. For full story, click here
Prices for natural gas fell more than 6 percent after the EIA reported a 46 billion cubic-foot increase in natural-gas supplies in storage for the week ended Oct. 24. Beth Sewell, managing partner at Quantum Oil & Gas Services, said: Wednesday was an artificial rally ahead of November’s expiration, short covering and rolling positions. This is [...]
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