Latest news on ‘Oil & Gas Secondary’
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Natural gas heads for weekly loss; gasoline futures advance
SAN FRANCISCO (MarketWatch) – Crude-oil futures rose Friday, tracking narrow gains in U.S. stocks and buoyed by growth in wholesales inventories that met expectations.
Crude for August delivery added 69 cents [...] -
Stocks Gain on Energy Rally
By KRISTINA PETERSON – U.S. stocks climbed as the energy sector rallied and strengthening home sales helped boost sentiment.
The Dow Jones Industrial Average rose 113 points, or 1.10%, to 10137, [...] -
Halliburton net income falls 46%, sees better margins
Halliburton said earnings fell to $206 million, or 23 cents a share, from $378 million, or 42 cents a share, in the year-ago period.
The oil service giant’s adjusted net income [...] -
Energy Stocks Mixed After Run-Up; Mariner Rallies
By Steve Gelsi – Energy stocks traded mixed Thursday as investors weighed another sector acquisition against lower expectations for natural-gas prices down the road.
The NYSE Arca Oil Index rose 0.1% [...] -
Energtek Reports on Development of Commercial Natural Gas Markets in the Philippines
Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, reported advances towards the implementation of its proprietary CNG Lite(TM) and Low-Pressure Mobile Pipeline(TM) (LMP) technologies [...]
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Natural-Gas Data Overstated
WSJ – The Energy Department is preparing to make sweeping revisions to its U.S. natural-gas production data after finding it has been overstating output, raising new questions about the government’s [...]
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Gas the next fuel to fire Australia’s boom
KARRATHA, Australia (AP) – First gold, then coal and iron ore. Now, a new bonanza is about to be unleashed from beneath Down Under: Australia’s got gas.
Projects being ramped up [...] -
Risk/reward Profile For Natural Gas Is Improving
by Monica Gerson
According to Goldman Sachs, the risk/reward profile for natural gas is improving “following the pullback in recent weeks. The analysts say, “(1) we expect a potential demand pickup [...] -
Arrow Energy gets $3 billion takeover bid
SYDNEY, (AP) – Arrow Energy Ltd., a major owner of natural gas assets in northern Australia, said Monday that a company jointly owned by Royal Dutch Shell and PetroChina has [...]
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Delhi to Ditch Coal for Natural Gas
By SINDYA N. BHANOO
The city of Delhi, India, has announced that it will shut down all of its coal-fired power plants and switch to natural gas, according to an article [...]

