The U.S Natural Gas Fund expanded today to the leading position in its 27-month history as investors snapped up the last of its shares and it awaited government approval to issue more units. For full story, click here
Continue reading "U.S Natural Gas Fund has grown to record on demand surge"
Wednesday, June 17, 2009
Gas prices surged for the 48th straight day, matching a record going back to at least the 1970s, with prices now up nearly two-thirds since the beginning of the year even as demand from motorists remains weak. For full story, click here
Continue reading "Natural Gas prices surged for 48th as Oil Sold Off"
Thursday, May 7, 2009
Oil and Natural Gas Corp. has added a record 284.81 million tonnes of oil equivalent of oil and gas reserves in 2008-09, the highest addition by the company in the past 18 years. For full story, click here
Continue reading "Oil and Natural Gas Reserves surged 284 mln tonnes in 2008-09"
Wednesday, May 6, 2009
Oil and Natural Gas Corp. declared that it has added a record 284 million tonnes of oil and gas reserves in the 2008-09 fiscal, the highest addition by the company in the past 18 years. ONGC Chairman and Managing Director R S Sharma stated: Such commendable exploration results in recent years have been made possible [...]
Continue reading "ONGC has added 284 mln tonne of oil and gas reserves in 2008-09"
Thursday, November 6, 2008
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 [...]
Continue reading "South Parse:Warning signs"
Thursday, November 6, 2008
Breaker Energy Ltd. posts its financial and operating results for the quarter ended September 30, 2008. For full story, click here For company’s website, click here
Continue reading "Breaker Energy financial and operating results"
Friday, October 31, 2008
Shares of Exxon Mobil, floundered as it posted its Q3 income of $14.83 billion, shattering the U.S. record. Exxon Mobil’s investor relations, chief David Rosenthal, said: Our integrated business portfolio, strong operational performance and financial discipline continued to allow us to capture the benefits of the commodity price environment. Despite recent volatility in the financial, commodity and [...]
Continue reading "Exxon Mobil records biggest US quarterly profit ever"
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Thursday, July 9, 2009