Energy Update

You are here

(Thu, 30 Apr 2015) Preliminary dry gas production for February 2015 was 2,077 billion cubic feet (Bcf), or 74.2 Bcf/day, up from last month's 73.6 Bcf/day. February's production was a 6.7 Bcf/day increase from 67.5 Bcf/day in February 2014, a 9.1% rise from year to year.
Preliminary total consumption for February 2015 was 2,956 Bcf, or 105.6 Bcf/day, an increase of 6.7% from 2,757 Bcf in February 2014, or 98.5 Bcf/day.

April 29 (Reuters) - Suncor Energy Inc, Canada's largest oil and gas company, reported a loss on Wednesday as oil prices tumbled by half and a foreign exchange loss outweighed higher production.

SEOUL, April 30 (Reuters) - Investors have been scaling back their bets that South Korea's central bank will cut interest rates again as inflation and overall growth in Asia's fourth-largest economy are seen at or past the worst.

SEOUL, April 30 (Reuters) - Inflation in South Korea would have been as much as 1.3 percentage points above current levels if not for low global oil prices, the nation's central bank said on Thursday as it rebuffed concerns the economy may slip into deflation.

April 29 (Reuters) - Suncor Energy Inc, Canada's largest oil and gas company, reported a loss on Wednesday, as oil prices tumbled by half and a foreign exchange loss cut into profits.

SINGAPORE, April 30 (Reuters) - Oil prices slipped away from five-month highs in early Asian trading on Thursday as Japanese factory output weakened for the second straight month.

Enterprise Products Partners and an affiliate of Occidental Petroleum have signed an agreement to jointly develop a 150 million cubic feet per day (mmcf/d) cryogenic natural gas processing plant in the Delaware Basin.

HOUSTON, April 29 (Reuters) - BP Plc and the United Steelworkers union (USW) chapter representing striking workers at the company's Whiting, Indiana, refinery reached a tentative agreement on Wednesday to end an 11-week work stoppage.

Global supply tightness kicked up methanol prices in the US, where Q1 turnarounds, strong export demand and natural gas shortages has the market eagerly awaiting new units coming online.

Laurent Remy, Fluxys Belgium, on Belgian Zeebrugge's main assets to support year-round LNG deliveries from the Yamal Peninsula to Asian-Pacific markets.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.