Petroleos de Venezuela SA , the South American nation’s state oil company, said a John Wood Group Plc unit filed an international arbitration request, seeking about $100 million in compensation for assets nationalized in 2009.
Natural gas futures in New York surged the most in four months, settling at a 20-month high, as cold weather helped erase a stockpile surplus and Goldman Sachs Group Inc. raised its 2013 gas price forecast.
Sept. 28 (Bloomberg) -- JJ Woods & Associates President John Woods talks about the price of natural gas and his investment strategy. He speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)