Regulator Slashes Natural Gas Price for PGNiG by 9.1%
Polish energy market regulator URE announced that it has approved lower natural gas prices for Polskie Gornictwo Naftowe i Gazownictwo SA, or PGNiG. For full story, click here
Polish energy market regulator URE announced that it has approved lower natural gas prices for Polskie Gornictwo Naftowe i Gazownictwo SA, or PGNiG. For full story, click here
India’s natural gas market is set to change dramatically over the next few months. But what remains to be seen is whether the projected exponential growth actually materialises or the market is stymied even before it takes off. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it [...]
Oil and gasoline futures slumped amid more signs of economic weakness in the United States. On the New York Mercantile Exchange, gasoline was off nearly 8 cents a gallon at $1.3625 US. Victor Shum, an analyst at Purvin & Getz in Singapore, said: I expect continued downward volatility in oil prices, and also a near-term price [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market News: The American Energy Information Administration (the U.S. Government’s register of official energy statistic) is still forecasting an increase in home heating costs over the winter. The EIA did note that its figures were subject to change as new information about the extent of the [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news A mild rebound for hard-hit natural gas futures has developed over the past few days. Like the Dow Jones, oil prices and the Asian market indices, natural gas futures are also in a state of flux. The instability is fairly easy to source: investors [...]
By Duncan Sutherland- Exclusive to Gas Investing News Company news The headline this week is obviously Shell (NYSE:RDS.A) and the Iraqi government putting ink to paper on a US$4 billion joint venture deal that will see the company collect flareoff from oil production in Southern Iraq’s Al-Basra province. In even better news, Shell opened a [...]
By Duncan Sutherland – Exclusive to Gas Investing News Post-Ike news In the wake of Hurricane Ike, a steady flow of updates on production, refining and transportation infrastructure has been forthcoming. Overall, it seems the storm was relatively gentle to energy companies, reserving its wrath for the population centres of the Texas Gulf Coast. Natural [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news The radical realignment of oil and gas prices after Hurricane Gustav’s relatively tranquil passage through the Gulf of Mexico has been interesting to watch. NYMEX futures showed light crude taking a body blow, while natural gas seemed to largely shrug off the news. Part [...]
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