Natural Gas News
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Updated 29 minutes ago
OAO Lukoil, Russia’s biggest non- state company by market value, has succeeded where natural-gas exporter OAO Gazprom failed, supplying fuel to China.
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Updated 43 minutes ago
Canada’s economic growth slowed in the fourth quarter as weaker foreign trade blunted gains in consumer spending and business investment.
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Updated 32 minutes ago
Emerging-market stocks rose, with the benchmark index set for a third weekly gain, after U.S. jobless claims fell and amid speculation China may introduce policies to support growth at a national congress next week.
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Updated 9 minutes ago
Oil & Natural Gas Corp., India’s biggest energy explorer, is close to an agreement to buy its first shale gas asset in the U.S. and plans to spend at least $1 billion on purchases.
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Indian stocks climbed, paring the benchmark index’s second weekly loss, on signs the U.S. economy is strengthening, the debt crisis in Europe is easing, and as overseas investors continued an equity-buying spree.
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AB Klaipedos Nafta, which operates Lithuania’s oil terminal on the Baltic Sea, signed an agreement with Norway’s Hoegh LNG to lease a vessel for the country’s planned floating liquefied-natural-gas terminal.
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Mangalore Refinery & Petrochemicals Ltd. offered to sell a cargo of vacuum gasoil for loading in May, according to a document sent to potential buyers.
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Romania started talks with OMV Petrom SA and OMV AG, its parent company, on increasing oil and natural gas royalties, as the government seeks to raise the payments before 2014, Ziarul Financiar reported, citing Economy Minister Lucian Bode.
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A judge in India’s top court said he’s pulled out from hearing a suit that seeks to declare Vedanta Resources Plc’s $8.67 billion acquisition of oil explorer Cairn India Ltd. as illegal.
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Russia, the world’s largest oil producer, said output rose 1.3 percent in February from a year earlier, topping January’s post-Soviet record.
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