Articles Tagged "nigeria"

Total Takes Action on Gas Leaks

Bloomberg reported that yesterday Total SA (NYSE:TOT) stopped a gas leak in Nigeria and this week expects to halt a leak in the North Sea that began on March 25. There is not yet a date for when operations in Nigeria will restart.

Thieves force Nigeria LNG to declare force majeure

Thieves tapping into energy pipelines in southern Nigeria have forced Nigeria LNG Limited, supplier of 10 percent of the world’s liquefied natural gas, to warn it may not be able to meet all of its export obligations. For full story, click here

South Parse: Dead cat bounce

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 [...]

South Parse: August 13

By Duncan Sutherland – Exclusive to Gas Investing News Bloomberg reported that NYMEX natural gas futures have lowered to their lowest in six months. The huge decline in the past month is comprised of multiple factors. First, the increased output and stockpiles have reassured traders of supply security. Second, the commodity drawdown has lured hedging [...]