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 [...]
Continue reading "South Parse: Dead cat bounce"
Tuesday, September 16, 2008
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 [...]
Continue reading "South Parse: Ike updates"
Tuesday, September 2, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news Natural gas futures fluctuated in response to Hurricane Gustav’s threatening track through the Gulf of Mexico over the weekend. As of Tuesday morning, they were hovering in the mid US$7 range. Thankfully, ‘Gustav’ weakened significantly and did not appear to cause much damage to [...]
Continue reading "South Parse: September 2"
Tuesday, August 26, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news Ouch! Natural gas futures are hovering at six-month lows, in the mid-high US$7 range, on the NYMEX. Down by almost half their values in July, futures contracts reflect a growing conventional wisdom that demand is not going to keep up with American production “rising [...]
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Monday, August 25, 2008
Norway’s StatoilHydro wants to treble its stake to 30 per cent in a significant gas block operated by India’s Oil and Natural Gas Corporation (ONGC) in the Krishna-Godavari basin. An ONGC official said: This was unacceptable, as the joint venture agreement allows Statoil to double its stake to 20 per cent and not treble it. However, it [...]
Continue reading "ONGC blocks move of Statoil to treble stake"
For upcoming gas investing trade shows, see the following links: World Junior Oil and Gas Congress
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Wednesday, October 1, 2008