Natural Gas Bullish for Long-Term Despite Decline
Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
Articles Tagged "natural gas"
U.S.Trucking Industry Moving Towards Natural Gas
CNBC reported that the trucking industry is apparently starting switch to natural gas as their fuel of choice.
Tight Supply Makes Natural Gas Best-Performing Commodity
The Financial Post reported that natural gas is the best-performing commodity globally, marking a rise to date this year of 32 percent, which many analysts attribute to a tight supply.
Woodside Petroleum Q1 Sales Jump 21 Percent, Lifted by Pluto LNG
loomberg reported that Australian Woodside Petroleum announced that their first-quarter sales jumped by 21 percent, due to an uptick in LNG sales from the Pluto project.
Centrica, Qatar Petroleum Purchase Suncor Gas Fields for $1 Billion
Bloomberg reported that Centrica and Qatar Petroleum bought natural gas fields from Alberta's Suncor for $1 billion.
BHP, Exxon Moving Ahead with Massive LNG Project
Yahoo reported that BHP and Exxon together are planning to build the world's largest floating LNG plant just off the coast of northwestern Australia, despite coming under fire for mounting costs surrounding the project.
Natural Gas Expected to Advance Next Week on Cold Weather
Bloomberg reported that natural gas futures are expected to rise next week as an unexpected cold snap is forecast. As quoted in the market report:
Canadian Natural Gas Rebounds on Cooler Temperatures, Short Supply
The Financial Post reported that Canadian natural gas prices are rallying to a 16-month high, given momentum by cooler temperatures and low supply
Qatar Discovers 2.5 Trillion Cubic Feet Natural Gas Field
Bloomberg reported that Qatar has discovered a sizeable natural gas deposit, which marks their first natural gas discovery in 42 years.
Piedmont Reports Financial Results for First Quarter, Including Net Income of $85.9 Million
Piedmont Natural Gas (NYSE:PNY) today announced results for its first fiscal quarter ended January 31, 2013.
