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.
Articles Tagged "Gas Market News"
Polish Treasury Minister Fired After Failure to Supervise Relations Between PGNiG and Gazprom
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:
Woodside Petroleum Q1 Sales Jump 21 Percent, Lifted by Pluto LNG
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.
Supply to Be Temporarily Interrupted at Sable Offshore Energy 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.
Higher Margins Contribute to Reliance Industries’s 32 Percent Profit Increase
Reuters reported that Reliance Industries Ltd announced a quarterly profit increase of 32 percent on higher margins that offset declining oil and gas revneues.
India Working to Lure Foreign Investment with Freeing of Oil, Gas Prices
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:
BHP to Report Production Increase on Higher U.S. Gas Prices
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.
Noble Energy Suggests That Israel’s Natural Resource Should Stay Status Quo
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.
Tamar Supply Good News for Israeli Refiners
Reuters reported that Israel's new abundance of natural gas is slashing their costs and providing security around supply.
Mitsubishi Gas, Mitsubishi Corp to Build Methanol Plant in Caribbean
Bloomberg reported that Mitsubishi Gas and Mitsubishi Corp have announced plans to build a plant that will produce methanol and dimethyl in the Caribbean.
