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10/11/2017 Natural Gas: News Stories

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Most U.S. oil executives see prices below $60/barrel through 2018 | Reuters

...... to a survey published on Wednesday by consultancy Deloitte Services LP [DLTE.UL]. The survey, based on a poll of 250 executives at companies that produce, transport and refine oil and natural gas, reflects a shift from last year when many respondents forecast commodity prices would rise and capital spending budgets grow. U.S. oil prices CLc1 fell slightly on Wednesday to $50.79 per barrel. ......

(397 words by reuters.com)
(10/11/2017)

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Petronas' Canadian unit to look at other LNG opportunities -exec | Reuters

...... CALGARY, Alberta, Oct 11 (Reuters) - Progress Energy, a wholly-owned unit of Malaysia’s Petronas, will look at other liquefied natural gas opportunities as a way to monetize its Canadian gas assets after Petronas scrapped a $29 billion LNG project this year, a company executive said on Wednesday. Petronas, the Malaysian state-owned energy company, abandoned plans to build the Pacific ......

(372 words by reuters.com)
(10/11/2017)

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India, Japan to team up to get more flexible LNG deals | Reuters

...... NEW DELHI (Reuters) - India will work with Japan to make long-term liquefied natural gas (LNG) import deals more affordable for its price-sensitive consumers, it said on Wednesday, as these two big importers try to secure better prices and concessions from suppliers. The arrangement will help state-run GAIL India Ltd swap a part of its 5.8 million tonnes of LNG booked with firms from the ......

(456 words by reuters.com)
(10/11/2017)
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South Sudan oil conference fails to draw biggest energy firms | Investing Home | Reuters

...... The turnout shows only smaller companies are risking bets on the oil sector of the world’s youngest country. South Sudan has 3.5 billion barrels of oil and 3 trillion cubic feet of natural gas in proven reserves, and is seen by companies as one of the last frontiers in energy exploration in sub-Saharan Africa. But a civil war that broke out in late 2013 dashed the hopes of oil major ......

(614 words by reuters.com)
(10/11/2017)
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BNP Paribas stops funding shale energy firms, boosts green projects | Reuters

...... (Reuters) - BNP Paribas, France’s biggest listed bank, said on Wednesday it would no longer work with oil and natural gas companies that primarily do business in shale or oil sands as it plans to boost support for renewable energy projects. The bank also said that it would no longer finance new projects that are primarily involved in the transportation or export of oil and gas from shale ......

(185 words by reuters.com)
(10/11/2017)
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Dog lover Putin gets top breed pup as gift from Turkmen leader | Reuters

...... former dentist whose interests range from sport cars to noble horses, enjoys a personality cult and autocratic powers in his desert nation which sits on the world’s fourth-largest natural gas reserves. The two men held talks at the Black Sea resort of Sochi, on the sidelines of a summit of ex-Soviet states, with the Turkmen side keen to see a possible resumption of natural gas exports ......

(292 words by reuters.com)
(10/11/2017)
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Bloomberg's charity donates $64 million to 'war on coal' | Reuters

...... by Obama. But Bloomberg said that since the plan has been tied up by the courts and never came into effect, the real threat to coal comes from competing power sources, such as cheap natural gas, solar, and wind power, as well as communities, local governments and companies concerned about public health. "These are the groups that are fighting the war on coal and it’s happening all ......

(391 words by reuters.com)
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U.S. heating costs forecast to be higher this winter: EIA | Reuters

...... would be 13 percent colder than last winter and closer to the average of the previous 10 years. EIA projected the average household will pay about $644 to heat a home this winter with natural gas, $980 with electricity, $1,462 with heating oil and $1,661 with propane. In all cases, those costs are up from the prior two winters. Natural gas is the most common heating fuel in every region ......

(190 words by reuters.com)
(10/11/2017)
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BRIEF-Corridor forecasts capital expenditures for calendar year 2017 $3.7 mln | Reuters

...... optimization strategy and guidance for 2017/2018 * Corridor Resources Inc - sees capital expenditures for calendar year 2017 $3.7 million * Corridor Resources Inc - sees average daily natural gas production at 2.9 mmscfpd for period from April 1, 2017 to March 31, 2018 Source text for Eikon: Further company coverage: ......

(47 words by reuters.com)
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BRIEF-Corridor sees average daily natural gas production of 8.5 mmscfpd from Dec 1 | Reuters

...... Oct 11 (Reuters) - Corridor Resources Inc: * Corridor announces production optimization strategy and guidance for 2017/2018 * Corridor Resources Inc sees average daily natural gas production of 8.5 mmscfpd from December 1, 2017 to March 31, 2018 * Corridor Resources - finalized plan to partially recommence natural gas production in Nov. 2017, with full field production expected by Dec. 2017 ......

(54 words by reuters.com)
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Govt reduces GST on bunker fuels; sets tax for offshore exploration, gas sales | Reuters

...... and 5 percent. India’s GST Council decided to reduce the tax on the bunker fuel sales after an Oct. 6 meeting where it recommended assessing GST rates for the bunker fuel sales, natural gas transportation and for offshore oil and gas field services, according to the statement the Council posted on Twitter. "This would provide limited relief to the bunker fuel sellers that had seen ......

(203 words by reuters.com)
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U.S. oil tries for a third gain in a row as OPEC lifts demand forecast - MarketWatch

...... In energy products trading, Nymex November gasoline RBX7, +0.50% rose 0.3%, to $1.596 a gallon, while November heating oil HOX7, -0.01% rose 0.1% to $1.763 a gallon. November natural gas NGX17, +1.59% rose 1.6% to $2.937 per million British thermal units. In its winter-heating fuels reported released Wednesday, the EIA forecasts that natural-gas heating bills this winter are ......

(479 words by marketwatch.com)
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As foreigners eye Chinese shale, political barriers persist, U.S. trade official says - Houston Chronicle

...... a third of the country's demand, with the bulk of their supply coming from the Middle East, Africa, Iran and Russia. At the same time, China has been buying up increasing amounts of natural gas from abroad as it seeks to reduce is reliance on coal-fired power plants, which have been the source of dangerous air pollution surrounding many Chinese cities. But with the United States, ......

(385 words by chron.com)
(10/11/2017)
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Another Florida businessman admits to role bribing Venezuelan national oil company - Houston Chronicle

...... their oil assets. less In 1971, President Rafael Caldera (right, pictured with then president-elect Hugo Chavez) signed the bill that allowed for the nationalization of the country's natural gas industry. By 1976, Venezuela created the state-owned Petroleos de Venezuela S.A. and seized the assets of foreign oil companies in the country. less An oil strike in Venezuela in December 2002 led ......

(800 words by chron.com)
(10/11/2017)
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The Note: Buck stops with Trump on his tax plan - ABC News

...... the NRDC, electric power generation employs 3,156 workers in Arkansas, and wind makes up the largest segment with 825 jobs. That's followed by traditional fossil fuels (including coal and natural gas) at 640 jobs, ABC News' MaryAlice Parks notes. WHAT YOU NEED TO KNOW TODAY Hafta talk NAFTA : President Trump meets with Canadian Prime Minister Justin Trudeau today as the fourth round of ......

(1106 words by go.com)
(10/11/2017)
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Business Highlights - ABC News

...... on coal, nuclear WASHINGTON (AP) An unusual coalition of business and environmental groups is fighting a Trump administration plan to bolster coal and nuclear energy at the expense of natural gas, wind and solar. Dow Chemical and Koch Industries stand with environmental groups in opposing the plan, which would reward nuclear and coal-fired power plants for adding reliability to the nation's ......

(1057 words by go.com)
(10/11/2017)
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Qatar says its hosting of World Cup 'not up for discussion' - ABC News

...... Qatar for months, in part over allegations that it supports extremists and has overly warm ties to Iran. Qatar has long denied supporting extremists while it shares a massive offshore natural gas field with Tehran. This shows the boycott "is founded on petty jealousy, not real concerns," a statement from Qatar's Government Communications Office said. "This demand is a clear attempt to ......

(457 words by go.com)
(10/11/2017)

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PetroQuest Energy, Inc. Invites You To Join Its Third Quarter 2017 Earnings Conference Call

...... after the market closes on November 1 , 2017. PetroQuest Energy, Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas , South Louisiana and the shallow waters of the Gulf of Mexico. PetroQuest's common stock trades on the New York Stock Exchange under the ticker PQ. Click ......

(330 words by prnewswire.com)
(10/11/2017)
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Dalton Utilities to use Southern Linc mission critical LTE network for distribution data services

...... to the new network in 2018 when voice over LTE services are available. Dalton Utilities has operated as a public utility since 1889. Dalton Utilities provides potable water, electrical, natural gas and wastewater treatment services to the City of Dalton and portions of Whitfield , Murray , Gordon , Catoosa and Floyd counties. Beginning in 1999, Dalton Utilities branched into telecommunications ......

(793 words by prnewswire.com)
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Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends, Announces Third Quarter

...... provider that has been serving North America's energy industry for over 60 years. Pembina owns and operates an integrated system of pipelines that transport various products derived from natural gas and hydrocarbon liquids produced primarily in western Canada . The Company also owns and operates gas gathering and processing facilities and an oil and natural gas liquids infrastructure and ......

(1444 words by prnewswire.com)
(10/11/2017)
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