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11/13/2017 Natural Gas: News Stories

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World carbon emissions on the rise again: study | Reuters

...... emissions were set to decline by 0.4 percent in 2017, a smaller fall than in recent years, also reflecting more burning of coal. Coal’s gains were linked to a rise in the price of natural gas that made coal more attractive in power plants, Peters told Reuters, rather than the effects of U.S. President Donald Trump’s pro-coal policies. Trump plans to pull out of the Paris ......

(351 words by reuters.com)
(11/13/2017)

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2 Articles

Fears for Lebanese economy if Saudis impose Qatar-style blockade | Reuters

...... Unlike Qatar, the world’s biggest supplier of liquefied natural gas with a population of just 300,000, Lebanon has neither the natural nor financial resources to ride it out, and people there are worried. Up to 400,000 Lebanese work in the Gulf region, and remittances flowing back into the country, estimated at between $7-8 billion ( 5.33- 6.10 billion) a year, are a vital source of cash ......

(859 words by reuters.com)
(11/13/2017)

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4 Articles

A year after Trump's election, coal's future remains bleak | Reuters

...... a temporary uptick in foreign demand for U.S. coal rather than presidential policy changes. U.S. utilities are shutting coal-fired power plants at a rapid pace and shifting to cheap natural gas, along with wind and solar power. And domestic demand makes up about 90 percent of the market for U.S. coal. "We’re not planning to build any additional coal facilities," said Melissa ......

(1073 words by reuters.com)
(11/13/2017)

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2 Articles

Pakistan expects no more big firms to exit LNG projects - junior petroleum minister | Reuters

...... ABU DHABI (Reuters) - Pakistan does not anticipate any more major companies will pull out of the liquefied natural gas (LNG) projects after the exit of Exxon Mobil, a state minister said on the sidelines of an Abu Dhabi energy conference. "The reason for that consortium to pull out can be within their own financial aspects that would be their own decision," said Jam Kamal Khan, the country&rsqu ......

(146 words by reuters.com)
(11/13/2017)
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Shell sells out of Woodside Petroleum for $2.7 billion | Reuters

...... the dividend reinvestment scheme. Australia blocked a takeover bid by Shell for Woodside in 2001 on national interest grounds. Shell will remain joint venture partner in two liquefied natural gas projects in Australia, according to Woodside. "Woodside will maintain a close working relationship with Shell - as a joint venture partner and customer of Shell technology - and we recognize that ......

(397 words by reuters.com)
(11/13/2017)
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Shell to sell part of its Woodside Petroleum stake for $1.7 billion | Reuters

...... the dividend reinvestment scheme. Australia blocked a takeover bid by Shell for Woodside in 2001 on national interest grounds. Shell will remain joint venture partner in two liquefied natural gas projects in Australia, according to Woodside. "Woodside will maintain a close working relationship with Shell - as a joint venture partner and customer of Shell technology - and we recognize that ......

(343 words by reuters.com)
(11/13/2017)
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Iran: Total may have to rethink Iran deal due to Trump - Nov. 13, 2017

...... "We work in the U.S., we have assets in the U.S., we just acquired more assets in the U.S." Total last week increased its U.S. presence with the purchase of a portfolio of liquified natural gas assets from Engie ( ENGIY ) , including the company's stake in the Cameron LNG project in Louisiana, one of the first new gas export terminals in North America. That deal ups the stakes for the ......

(394 words by cnn.com)
(11/13/2017)
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Business Highlights - ABC News

...... slipped 36 cents to close at $63.16 a barrel in London. In other energy trading, wholesale gasoline gave up 2 cents to $1.79 a gallon. Heating oil was little changed at $1.93 a gallon. Natural gas fell 5 cents to $3.17 per 1,000 cubic feet. ......

(916 words by go.com)
(11/13/2017)

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2 Articles

First CO2 rise in four years puts pressure on Paris targets - BBC News

...... with utilities turning to coal and gas to make up the shortfall. US emissions have continued to decline but the fall has been less than expected. Higher prices saw a drop in the use of natural gas for electricity - with renewables and hydro-power picking up the slack. Coal use has also grown slightly in the US this year, with consumption up about a half of one percent. India's emissions ......

(743 words by bbc.co.uk)
(11/13/2017)
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As Inuvik-Tuktoyaktuk Highway opens, will the $300M price tag be worth it? - North - CBC News

...... Montgomery says the community's saving grace could be the Mackenzie Gas Project also known as the Mackenzie Valley pipeline. If it ever happens, the proposed project would transport natural gas about 1,200 kilometres from fields in the Mackenzie Delta near Tuktoyaktuk, along the Mackenzie River Valley to northern Alberta. The pipeline was sanctioned by the National Energy Board on the ......

(1663 words by cbc.ca)
(11/13/2017)
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2017 Carbon Emissions Projected To Reach Record High, Reversing Flat Growth Trend

...... was despite green energy sources becoming increasingly popular in China but still being insufficient to meet the burgeoning energy demand a gap that has been filled by "new oil, coal and natural gas infrastructure." CO2 emissions from the United States and the European Union are expected to fall by 0.4 percent and 0.2 percent, respectively, but those declines are smaller than the average per ......

(599 words by ibtimes.com)
(11/13/2017)
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Energy: China Will Lead World Away from Fossil Fuels | Time

...... of the new solar and wind power in the coming decades while its coal consumption continues to decline, according to the report. It will also generate a quarter of the growth in global natural gas demand, assuming the country continues to implement current polices and follows through on announced measures. And, despite a concerted push for electric vehicles, the country is expected to become ......

(345 words by time.com)
(11/13/2017)
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Birth of Another LNG Giant Shows Majors Edge Over Traders | Rigzone

...... (Bloomberg) -- Total SA’s billion-dollar deal to buy liquefied natural gas assets from Engie SA shows how much size matters in the industry. After Royal Dutch Shell Plc’s takeover of BG Group Plc last year, industry consultant Wood Mackenzie Ltd. says the latest accord is evidence that the biggest energy companies with access to large volumes of diverse supplies will continue to ......

(647 words by rigzone.com)
(11/13/2017)
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Japans JERA Imports First LNG Cargo Shipped From Chevrons Wheatstone Site | Rigzone

...... TOKYO, Nov 13 (Reuters) - Japan's JERA Co, the fuel-buying joint venture of Tokyo Electric Power and Chubu Electric Power, said it received the first liquefied natural gas (LNG) cargo shipped from Chevron's Wheatstone project in Australia. The tanker "Asia Venture," carrying about 70,000 tonnes of LNG, arrived on Sunday at Tokyo Electric Power's Futtsu LNG terminal in Chiba prefecture on ......

(161 words by rigzone.com)
(11/13/2017)
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Noble Group Says Jeffrey Frase Resigns As Co-CEO | Rigzone

...... debt and win support from lenders after its share price plunged over the past two years because of questions about its accounting practices. It plans to focus more on coal, liquefied natural gas and freight trading in Asia. The company reported a third-quarter loss of $1.17 billion last week, hit by charges from disposals of some of its businesses. Shares of the company plunged 12 ......

(198 words by rigzone.com)
(11/13/2017)
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Syria providing ground for closer Turkey-Russia relations - seattlepi.com

...... to restore imports of Turkish fruit and vegetables, linking Turkey's access to its market with other trade and economic issues. The two countries have made progress on a new Russian natural gas pipeline to Turkey and a deal for Russia to build Turkey's first nuclear power plant. Erdogan also emphasized Monday that Turkey is paying special attention to military cooperation with Russia. ......

(466 words by seattlepi.com)
(11/13/2017)
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WES Stock Crowded With Sellers - Nasdaq.com

...... has hit 28.8 - by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 52.3, the RSI of WTI Crude Oil is at 71.3, the RSI of Henry Hub Natural Gas is presently 62.8, and the 3-2-1 Crack Spread RSI is 50.8. A bullish investor could look at WES's 28.8 reading as a sign that the recent heavy selling is in the process of exhausting itself, and ......

(198 words by nasdaq.com)
(11/13/2017)
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Mid-Day ETF Update: ETFs, Stocks Turn Higher as Mattel M&A Chatter Lifts Sentiment; Street Mulls Trumps Proposed Tax Plan Changes - Nasdaq.com

...... offering for general partnership purposes, including the repayment of its 2.500% senior notes due Dec. 1. Commodities Crude was up 0.1%. United States Oil Fund (USO) was down 0.3%. Natural gas was down 0.2% while United States Natural Gas Fund (UNG) was down 0.4% Gold was up 0.4%. SPDR Gold Trust (GLD) was up 0.3%. Silver was up 1%, while iShares Silver Trust (SLV) was up 0.9%. Health ......

(905 words by nasdaq.com)
(11/13/2017)
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Mid-Day ETF Update: ETFs, Stocks Set to Close the Week in the Red as Worries Over Delay in Tax Cuts Mount - Nasdaq.com

...... company reiterated previous guidance expecting total module shipments in the range of 5,500 to 5,700 MW. Commodities Crude was down 0.7%. United States Oil Fund (USO) was down 0.4%. Natural gas was down 0.3% while United States Natural Gas Fund (UNG) was down 0.5% Gold was down 0.9%. SPDR Gold Trust (GLD) was down 0.8%. Silver was down 0.6%, while iShares Silver Trust (SLV) was down 0.8%. ......

(765 words by nasdaq.com)
(11/13/2017)
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Corridor Announces Third Quarter Results

...... Quarter Highlights -- Management's optimization strategy to shut-in wells at the McCully Field, which started in Q2 2017, continued throughout Q3 2017. As a result, Corridor had no natural gas production or natural gas sales in Q3 2017 as opposed to average natural gas production of 5.1 mmscfpd and natural gas sales of $1,878 thousand in Q3 2016. Corridor will continue to monitor forecast ......

(1215 words by finanznachrichten.de)
(11/13/2017)
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