An affiliate of Enterprise Products Partners LP has signed a 20-year, right-of-way agreement with the Jicarilla Apache Nation to continue natural gas gathering operations on reservation lands in northwest New Mexico. For full story, click here
Flagship explorer Oil and Natural Gas Corporation’s natural gas output may almost double to 100 mcmd in the next 7-8 years as it progressively brings new finds into production, even as it gears up to invest over Rs 6,000 crore this fiscal to pump up volumes from its acreages under the seas. For full story, [...]
The Energy and Mineral Resources Minister, Purnomo Yusgiantoro, has sought help from the Oil and Gas Upstream Executing Body, BP Migas, to search new markets for Liquefied Natural Gas in addition to Japan, Taiwan, and Korea. Purnomo Yusgiantoro said: I have asked BP Migas to start promoting this. For full story, click here
Spain’s Gas Natural announced that it will issue 447.77 million new shares at 7.82 euros each to finance its takeover of Spanish utility Union Fenosa. For full story, click here
A 178-mile pipeline extending through Louisiana and servicing the Haynesville Shale, considered to be one of the largest domestic natural gas finds in years, will be built by two energy companies. For full story, click here
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 [...]
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 [...]
New Jersey Natural Gas reported that it has reached an agreement with the New Jersey Department of the Public Advocate, Division of Rate Counsel (Rate Counsel) on the principal financial terms of its base rate case. For full news, click here
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