The fertiliser industry, which was granted the first right over gas from Reliance Industries’ D6 fields, on Wednesday voiced concern over the Anil Ambani-run RNRL getting the maximum gas allocation after the Bombay High Court order and sought firm assurance on uninterrupted supplies. For full story, click here
The U.S. Energy Information Administration has expected natural gas prices to remain below $4 a thousand cubic feet until late this year amid robust supplies and weaker demand resulting from the economic slump. For full story, click here
Ukrainian Journal declared that Ukraine must be paid in full for Russian natural gas supplies in March, meeting the deadline of April 7th and averting a clash and supply disruptions. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market News: It seems as if natural gas futures have hit a band of support in the $7.25-$7.50 range, which is good news for investors as winter approaches. Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have [...]
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 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 Natural gas has been hit hard lately, losing approximately 40 per cent of its price in the last one month itself; a number eclipsing even the oil price collapse. A report in the business section of the Globe and Mail has a an in-depth article detailing [...]
Natural-Gas Firms are facing problem in terms of seeking distribution channels to supply the increasing amount of natural gas produced by them. For full report, click here
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