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 Post subject: Pickens says U.S. firms #039;entitled#039; to Iraqi oil
PostPosted: Sat Oct 24, 2009 3:47 pm 
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WASHINGTON, Oct 21 (Reuters) - Oil tycoon T. Boone Pickens told Congress on Wednesday that U.S. energy companies are entitled to some of Iraq"s crude because of the large number of American troops that lost their lives fighting in the country and the U.S. taxpayer money spent in Iraq.


Boone, speaking to the newly formed Congressional Natural Gas Caucus, complained that the Iraqi government has awarded contracts to foreign companies, particularly Chinese firms, to develop Iraq"s vast reserves while American companies have mostly been shut out.

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 Post subject: Recent reports reveal shifting LNG trends in 2009
PostPosted: Tue Oct 27, 2009 12:27 pm 
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July 1,2009 --

At mid-2009, prospects for global LNG demand ldquo;remain bleak,rdquo; according to a research report issued at the end of June by Barclays Capital.

....

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 Post subject: Nexus Energy brings Longtom gas field on stream
PostPosted: Tue Oct 27, 2009 8:38 pm 
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October 27,2009 --

Nexus Energy Ltd., Melbourne, has brought on stream its wholly owned Longtom natural gas field in Bass Strait.

....

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 Post subject: Cedigaz: Global recession to offset gas supply gains
PostPosted: Wed Oct 28, 2009 1:37 pm 
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July 1,2009 --

The 4% increase in global natural gas supplies in 2008 to 3.06 trillion cu m will ldquo;practically be wiped outrdquo; in 2009 because of the economic recession, according to the latest production trends report by Cedigaz, the Paris-based int.......

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 Post subject: BLM signs decision record on Rocktober gas project in Wyomin
PostPosted: Wed Oct 28, 2009 7:28 pm 
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BLM signs decision record on Rocktober gas project in Wyoming

July 1,2009 --

The US Bureau of Land Managementrsquo;s Cody, Wyo., field manager signed a decision record on June 29 for seven proposed natural gas wells in the McCullough Peaks area east of Cody.

....

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 Post subject: Russian LNG Aims Face Big Challenges in Arctic Regions
PostPosted: Thu Oct 29, 2009 2:39 am 
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Russia, the world"s biggest gas producer, has invited international energy majors to help it realize its ambitions to conquer one-fifth of the global market for liquified natural gas by 2020, but experts say it could be more than a decade before new production comes onstream.


Russia says it wants to beef up shipments of liquified natural gas, or LNG, to Asian and U.S. markets at the expense of pipeline deliveries to Europe, which are threatened by questions over demand and ongoing transit issues with neighboring Ukraine.

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 Post subject: Oil companies give cool outlook
PostPosted: Fri Oct 30, 2009 2:53 pm 
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LONDON (Reuters) - Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery was weighing on energy demand and prices.


The three posted big drops in quarterly earnings on Thursday after crude oil and natural gas prices plummeted and refining margins were squeezed.

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 Post subject: CSIS: unconventional resources altering global gas outlook
PostPosted: Sat Oct 31, 2009 3:58 pm 
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October 30,2009 --

Production potential from tight shales and other unconventional resources has significantly altered the worldrsquo;s natural gas outlook, experts said Oct. 28 at a seminar on the evolution of global gas markets at the Center for Strategic and .......

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 Post subject: Egypt delays plan to build second LNG train at Damietta
PostPosted: Sat Oct 31, 2009 4:07 pm 
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October 30,2009 --

Egypt"s state-owned Egyptian Natural Gas Holding Co. (EGAS) has shelved plans for the construction of a second LNG train at Damietta until enough natural gas reserves are found, according to a company official.

....

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 Post subject: Retail gas prices highest in a year; up 17 straight days
PostPosted: Mon Nov 02, 2009 8:51 am 
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Retail gasoline prices chugged higher Friday to a new peak for the year, forcing consumers to dig deeper into already-thin wallets to pay for fuel.


At the same time, natural gas prices also were moving up again and have now climbed 16% in the past two months just in time for furnace season to kick in.

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