Energy Update
KIEV, March 30 (Reuters) - Ukrainian state-run energy firm Naftogaz said on Monday it had proposed to Russian gas producer Gazprom that its current gas supply agreement be extended until April 1, 2016, and that it was ready to discuss the proposal.
SYDNEY, March 30 (Reuters) - Australian shares fell sharply on Monday as resources stocks followed oil and metals prices lower, while Caltex Australia's stock slumped as U.S. energy giant Chevron Corp sold its entire stake at a discounted price.
LAUNCESTON, Australia, March 30 (Reuters) - It's somewhat ironic that as Australia ramps up to being the world's biggest exporter of liquefied natural gas (LNG), domestic industries are under threat from not being able to source the fuel.
During periods of low oil prices, opportunities to acquire exploration and production assets at bargain prices often present a silver lining for well-capitalized companies.
(Mon, 30 Mar 2015) U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate since 1940.
(Mon, 30 Mar 2015) For the first time, EIA is providing monthly data on rail movements of crude oil, which have significantly increased over the past five years. The new data on crude-by-rail (CBR) movements are fully integrated with EIA?s existing monthly petroleum supply statistics, which already include crude oil movements by pipeline, tanker, and barge.
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