Gazprom Reports 9.5 Percent Drop in 2012 Profit on Waning Demand, Rising Costs
Bloomberg reported that Gazprom's 2012 profits fell by 9.5 percent in the midst of rising costs and dwindling European demand.
Articles Tagged "Gas"
Miller Energy Increases Acreage in Cook Inlet
Miller Energy Resources, Inc. (NYSE:MILL) announced updates regarding operations and acquisitions of Alaskan assets
U.S. Congress May Extend Oil & Gas Tax Benefits to Renewable Energy Developers
Bloomberg reported that U.S. Congress may be extending some of the same tax benefits that they give to oil and gas companies to renewable energy developers.
FX Energy Reports Results from DST at Tuchola-3K Well
FX Energy, Inc. (NASDAQ:FXEN) announced results from a drill stem test on their Tuchola-3K well in Poland. As quoted in the press release:
Natural Gas Bullish for Long-Term Despite Decline
Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
Cub Energy and Anatolia Energy Enter Into Strategic Arrangment
ub Energy Inc.(TSXV:KUB) and Anatolia Energy Corp.(TSXV:AEE) have entered into a strategic arrangement in which Cub acquire all the issued and outstanding common shares of Anatolia in exchange for common shares of Cub.
Exxon’s Profits Rise Despite Lower Prices, Production
Bloomberg reported that Exxon's quarterly profits rose to $9.5 billion, or $2.12 a share, thanks to wider chemical margins that absorbed some of the losses of lower crude prices and production.
Cabot Oil & Gas Provides Operational Updates on Marcellus Shale and Marmaton Programs
Cabot Oil & Gas Corporation (NYSE:COG) provided operational updates from its Marcellus Shale leasehold and its Marmaton drilling program in Oklahoma.
U.S.Trucking Industry Moving Towards Natural Gas
CNBC reported that the trucking industry is apparently starting switch to natural gas as their fuel of choice.
Quantum Fuel Systems Technologies Receives Support for Advanced Natural Gas Fuel System and Engine Development
Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) announced that they have been recommended for a $1 million grant award to pursue its Advanced Natural Gas Engine Research and Development for Class 3 through Class 7 Applications.
