Neil Beveridge News
-
The fastest revenue growth in the oil industry is putting Papua New Guinea’s Oil Search Ltd. in line for another record -- Asia’s largest energy takeover.
-
Natural gas supplies in China may fall short of the government’s target of 400 billion cubic meters in 2020 by as much as 45 billion cubic meters, according to Sanford C. Bernstein & Co.
-
The largest-ever expansion of Middle Eastern oil-refining is poised to curb the region’s imports of gasoline, reducing dependence on shipments from India and Singapore and sapping margins for European and Asian processors.
-
Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world, are driving developers out to sea in search of billions of dollars in savings.
-
Demand for liquefied natural gas from Japan and emerging economies will support gas prices around the current “high” levels in Asia and in Europe, according to Sanford C. Bernstein & Co.
-
PetroChina Co. is losing the support of analysts who say earnings growth at Asia’s biggest oil producer is stunted by its unprofitable natural-gas imports.
-
China, the world’s second-biggest oil consumer, changed its system for setting gasoline and diesel prices to more closely track refiners’ crude costs. Shares in China Petroleum & Chemical Corp. and PetroChina Co. rose.
-
Australia, defeated by Qatar in a bid to host the 2022 World Cup soccer tournament, may overtake the Persian Gulf nation in liquefied natural gas production in 10 years, Sanford C. Bernstein & Co. analyst Neil Beveridge said.
-
China’s LNG-fueled heavy-duty trucks may increase fivefold in less than two years as the country fights air pollution, Sanford C. Bernstein & Co. said.
-
Sojitz Corp., Japan’s top trader of rare earths, plans to tap into the nation’s shift from nuclear power by setting up its own liquefied natural gas business and building solar plants, said Chief Executive Officer Yoji Sato.
|
|
Most Popular on Bloomberg
|
| |