CNBC reported that the trucking industry is apparently starting switch to natural gas as their fuel of choice.
Articles Tagged "Gas Market News"
Reuters reported that the Polish Prime Minister has fired his Treasury Minister over allegations that he did not supervise relations between Polish PGNiG and its dealings with Russia's Gazprom. As quoted in the market report:
loomberg reported that Australian Woodside Petroleum announced that their first-quarter sales jumped by 21 percent, due to an uptick in LNG sales from the Pluto project.
Mining Weekly reported that the Sable Offshore Energy Project, located just off the coast of Nova Scotia, is scheduled to undergo maintenance on its natural gas operations beginning April 23 and ending May 5.
Reuters reported that Reliance Industries Ltd announced a quarterly profit increase of 32 percent on higher margins that offset declining oil and gas revneues.
Bloomberg reported that India, in an effort to draw more foreign investment, is considering freeing prices from locally drilled gas and oil. As quoted in the market report:
Reuters reported that BHP is expected to report an increase in quarterly output as a rise in U.S. gas prices has pushed production ahead.
Bloomberg reported that Noble Energy's CEO, Charles Davidson, has said that re-investment in Israel is a possibility if the government was willing to discuss tax rates on natural resources.
Reuters reported that Israel's new abundance of natural gas is slashing their costs and providing security around supply.
Bloomberg reported that Mitsubishi Gas and Mitsubishi Corp have announced plans to build a plant that will produce methanol and dimethyl in the Caribbean.