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EIA now reporting monthly base gas levels in underground natural gas storage

(Thu, 16 Jul 2015) With the release of the most recent Natural Gas Monthly, EIA began publishing base gas levels in natural gas storage facilities through the natural gas query system. Base gas plays an important role in underground natural gas storage, serving to maintain cavern or reservoir pressure and keeping natural gas storage facilities operational.

UPDATE 1-Solar-powered plane grounded 9 months in Hawaii by battery damage

July 15 (Reuters) - A solar-powered plane halfway through an attempt to circle the globe will be grounded in Hawaii for at least nine months because of battery damage sustained during its record 118-hour flight to Oahu from Japan, the project team said on Wednesday.

COLUMN-Can Rio Tinto's iron ore strategy work for shareholders?: Russell

LAUNCESTON, Australia, July 16 (Reuters) - Rio Tinto's announcement of a reduction of 10 million tonnes in its forecast shipments of iron ore to 340 million tonnes in 2015 is largely inconsequential.

Oil prices rise after U.S. stock draw, high refinery demand

SINGAPORE, July 16 (Reuters) - Oil prices rose on Thursday morning after data showed that U.S. crude inventories dropped and refinery demand was high.

Australia's Woodside Q2 revenue down over a third on weak gas price

SYDNEY, July 16 (Reuters) - Woodside Petroleum, Australia's biggest independent oil and gas company, on Thursday posted a 36 percent fall in second-quarter revenue from the first quarter due to weak gas prices and lower production volumes from its Pluto LNG venture.

UPDATE 1-Kinder Morgan considering LPG, product and potential crude exports

HOUSTON, July 15 (Reuters) - Kinder Morgan Inc is considering more export opportunities from Texas and the U.S.

UPDATE 1-Obama thanks Putin for role in Iran deal

WASHINGTON, July 15 (Reuters) - President Barack Obama telephoned Russian President Vladimir Putin on Wednesday to thank him for his part in the recent nuclear deal with Iran, the White House said.

UPDATE 1-Brazil's economy drains gasoline, diesel sales; ethanol rises

* Full-year 2015 diesel, gasoline sales seen falling (Adds fuel distributors' comment, outlook for full year gasoline and diesel sales)

UPDATE 1-Kinder Morgan to buy out Shell's JV stake; raises div

July 15 (Reuters) - Kinder Morgan Inc said it would buy the 49 percent stake that it does not already own in natural gas joint venture Elba Liquefaction Co from Royal Dutch Shell Plc, and it raised its dividend.

Obama spoke to Putin about Iran deal -White House

DENISON, Texas, July 15 (Reuters) - President Barack Obama spoke on Wednesday to Russian President Vladimir Putin about the recent Iran nuclear deal as Obama traveled aboard the presidential airplane, Air Force One, the White House said.

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