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Projections show U.S. becoming a net exporter of natural gas

(Tue, 28 Apr 2015) In its recently released <em>Annual Energy Outlook 2015</em>, EIA expects the United States to be a net natural gas exporter by 2017. Increased availability of domestic gas or higher world energy prices each increase the gap between the cost of U.S. natural gas and world prices that encourages exports of liquefied natural gas, and, to a lesser extent, greater exports by pipeline to Mexico.

Year in Review: Crude Oil Prices 2014

(Tue, 28 Apr 2015) This report gives an overview of the primary drivers of crude oil price movements in 2014, in particular the substantial price decline that took place during the second half of the year. Factors such as increased global supply of crude oil, lower crude oil supply disruptions, lower economic growth expectations, and currency exchange rate movements are explored in the report.

Templeton fund ends reign in Asia as top picks falter

GRAPHIC: Returns and assets: http://link.reuters.com/tad64w By Muralikumar Anantharaman SINGAPORE, April 28 (Reuters) - Templeton Asian Growth fund, managed by star stock picker Mark Mobius, ended its six-year reign as the biggest equity fund in Asia ex-Japan after suffering a second straight quarter of investor withdrawals and underperforming its benchmark.

UPDATE 1-Carlyle to pay $600 mln for Brazil's Rede D'Or stake -source

SAO PAULO, April 27 (Reuters) - Private-equity firm Carlyle Group LP agreed on Monday to pay 1.75 billion reais ($600 million) for a stake in Rede D'Or São Luiz SA, Brazil's largest hospital chain, a source with direct knowledge of the deal said.

UPDATE 1-Carlyle to pay $600 mln for Brazil's Rede D'Or stake - source

SAO PAULO, April 27 (Reuters) - Private-equity firm Carlyle Group LP agreed on Monday to pay 1.75 billion reais ($600 million) for a stake in Rede D'Or São Luiz SA, Brazil's largest hospital chain, a source with direct knowledge of the deal said.

REFILE-Axle test might have averted North Dakota oil train crash -NTSB

NEW YORK, April 27 (Reuters) - A more stringent inspection of old tank car axles might have prevented an explosive BNSF train collision in Casselton, North Dakota, in December 2013, according to documents posted by the National Transportation Safety Board on Monday.

Praxair secures gas supply contract with CNOOC

Praxair has won a contract with the China National Offshore Oil Company (CNOOC) to provide industrial gases.

Technip to upgrade Basra refinery in Iraq

Technip and Japanese engineering consultant Unico have secured a project management consultancy (PMC) contract for Basra refinery upgrade project in Iraq.

U.S. blames Houthi battlefield moves for renewed Saudi strikes

WASHINGTON, April 27 (Reuters) - The United States squarely blamed Houthi fighters on Monday for renewed Saudi-led bombings, accusing them of using a relative lull in airstrikes meant to help set the stage for peace talks to instead pursue battlefield advances.

Audit of Nigeria's NNPC shows it overpaid state, but still owes

ABUJA, April 27 (Reuters) - A forensic audit of Nigeria's state oil firm released on Monday said the company, accused of corruption, actually overpaid the state by almost $750 million, but should still pay it an additional $1.5 billion.

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