Showing posts with label Natural Gas. Show all posts
Showing posts with label Natural Gas. Show all posts
22 September 2014
09 April 2013
News & Views For Week Of April 7 - 13, 2013
Note: I will be adding the freshest news and opinion pieces to the top of this list, refreshing it daily, sometimes at night, somtimes (shudder) during daylight hours. - Rock
- PC Company Stocks Hammered On Thursday
- Front Running The Fed With TBTF Insider Trades
- Australia: Hits 3 Year High In Unemployment
- Takata Air Bag Recall Affects 3.4 Million Late Model Honda, Nissan & Toyota Cars
- Charles Hugh-Smith explains, with charts, which European small depositors will be shaken down next
- Goldman Sachs Takes The Opposite Trade Of What It Is Selling It's Clients (Muppets) . . . Again: Buys Gold, Sells Bonds, Tells Clients To Do The Opposite
- First Solar (Nasdaq: FSLR) Blows Away Analyst's Expectations, Sees Very Bright 2013 through 2015, causing stock to jump 31.28% yesterday
- 4.2 Million Borrowers To Receiving Payments This Friday of $300 to $125,000 From 13 Firms Who Botched Foreclosures
- Student Loan Rates Boost Government Profit As Debt Damps Economy
- Kyle Bass takes way out of the money bets against Japanese Government Bonds: "The investors ran the other way from the central bank, they didn’t run with it. I find that to be fascinating.”
- Natural Gas Reserve Estimates Upped Again For The USA
- The Big Picture: Ugly Chart Contest
- Matt Taibbi: The Growing Sentiment on the Hill For Ending 'Too Big To Fail'
- Auto sales for March highest since 2007
04 September 2012
Wealthiest Porcine Female Mine Owner In Australia Importing 1,600 Africans Who Are Willing To Work For $2.00 Per Day
The Macroeconomics of the Chinese Kleptocracy
New Chinese Term For Chinese Kleptocrats On The Run: "Bare Squad"
Bubble: Rising Student Debt & Student Debt Delinquencies
China To Shut Hundreds of Coal Mines
More big rig truck fleets defect from diesel engines to natural gas engines: chain of nat gas retailers springing up at truck stops across America
OPEC slashing crude oil exports for delivery in October 2012
The Macroeconomics of the Chinese Kleptocracy
New Chinese Term For Chinese Kleptocrats On The Run: "Bare Squad"
Bubble: Rising Student Debt & Student Debt Delinquencies
China To Shut Hundreds of Coal Mines
More big rig truck fleets defect from diesel engines to natural gas engines: chain of nat gas retailers springing up at truck stops across America
OPEC slashing crude oil exports for delivery in October 2012
27 January 2012
Oversupply of Natural Gas Sends Prices To 10 Year Low
Briggs and Stratton Closing Factories and Laying Off 767 Employees
Almost 1 in 4 Spaniard Workers Are Now Un-employed
Why Home Prices Have Much Further to Fall
U.S. New Home Sales Were The Worst Ever In 2011: Data Goes Back More Than 50 Years
Samsung reports record breaking $4.7 Billion quarter; plans to spend $22 Billion this year on CapEx . . . esecially in chips and flat screens
Department of Energy Dramatically Slashes Natural Gas Estimate In The Marcellus Shale Reseve
The 8 Industries Which the USA Has Ceded To China Already
Amazon Getting Ready To Take On Netflix?
Briggs and Stratton Closing Factories and Laying Off 767 Employees
Almost 1 in 4 Spaniard Workers Are Now Un-employed
Why Home Prices Have Much Further to Fall
U.S. New Home Sales Were The Worst Ever In 2011: Data Goes Back More Than 50 Years
Samsung reports record breaking $4.7 Billion quarter; plans to spend $22 Billion this year on CapEx . . . esecially in chips and flat screens
Department of Energy Dramatically Slashes Natural Gas Estimate In The Marcellus Shale Reseve
The 8 Industries Which the USA Has Ceded To China Already
Amazon Getting Ready To Take On Netflix?
11 January 2012
Guess who is raising money for Romney?
Retail sales weak, jobless claims up
Home Depot To Hire 70,000 Seasonal (Spring) Workers
Archer Daniels Midland Cuts 1,000 People From Its Payrolls
Air Force lays off 44 civilian jobs at Alaskan airbase
Up to 150 layoffs in Lorrain, OH schools
Sikorsky to layoff 20% of its workforce
Realty Trac Expects a 25% Jump In Home Foreclosures In 2012
Why Zombie Banks Do Not Want Transperency
Chrysler To Begin Selling Natural Gas Trucks In 2012
24 November 2011
Andrew Bailey: 'UK banks must brace themselves for euro break-up'
Record hoarding of gold after forced sales at MF probably mean the yellow metal will go up this week
Cheniere signs second 20 year export pact in the past three weeks for American natural gas
Turkmenistan will boost natural gas deliveries to energy-hungry China by two-thirds
Barclays Capital says the IEA's prediction of Chinese oil use is grossly underweighted
Barclays Capital says the IEA's prediction of Chinese oil use is grossly underweighted
16 November 2011
29 December 2009
Bought 180 Shares Of Exxon on 22 Dec 09
On December 22, 2009 I initiated a small strade in Exxon, 180 shares @ $68.64 per share.
As the S&P 500 set a new 52 week high just yesterday, I'm holding my breath on this one. I've set a stop/loss of $67.52 which I will raise at the end of today if we have an UP day with a higher low for Exxon.
Exxon recently bought out XTO for it's gas properties. Exxon got hammered on that announcement. Still, it's one of the bluest of blue chips, pays an excellent dividend, is very profitable, and it hit some parameters on my chart above which gave me the confidence to buy 180 shares.
Wish me luck. I'm shooting for a a quick run up to $72-$73 where I'll sell the 180 shares if I can find something better to buy.
Oh, and just found out this AM that Warren Buffet has been buying a boatload of Exxon at higher prices than where I've just entered. Nice to have the sage on my side.
Caveat emptor,
Rock in the Florida Keys
(click on image below to see the chart with trendlines and notes)
As the S&P 500 set a new 52 week high just yesterday, I'm holding my breath on this one. I've set a stop/loss of $67.52 which I will raise at the end of today if we have an UP day with a higher low for Exxon.
Exxon recently bought out XTO for it's gas properties. Exxon got hammered on that announcement. Still, it's one of the bluest of blue chips, pays an excellent dividend, is very profitable, and it hit some parameters on my chart above which gave me the confidence to buy 180 shares.
Wish me luck. I'm shooting for a a quick run up to $72-$73 where I'll sell the 180 shares if I can find something better to buy.
Oh, and just found out this AM that Warren Buffet has been buying a boatload of Exxon at higher prices than where I've just entered. Nice to have the sage on my side.
Caveat emptor,
Rock in the Florida Keys
24 November 2009
Gas, LNG & Oil Outlook
Shell/Qatar partnered LNG plant is delayed by another year
LONDON, Nov 23 (Reuters) - Royal Dutch Shell (RDSa.L) said it had delayed one of its largest schemes by around a year with start-up for the $8 billion Qatargas 4 liquefied natural gas project now planned for late 2010 and the first cargo possibly pushed into 2011.
The delay, which a Shell spokeswoman said was due to contractors struggling to keep up with the pace of developments in Qatar's gas industry, will make it harder for the Anglo-Dutch oil major to turn around a long run of falling production.
"We had been planning for a start-up in early 2010 but now we expect that to come in late 2010," the spokeswoman said on Monday, adding the slippage represented a delay of 10 months.
She declined to say when first cargoes would load but a statement from the company said ramp-up of the project could continue into 2011, raising the prospect the facility may not be in a position to load ships until then.
One dealer said they were not surprised by the delay, as Shell had flagged problems to analysts in recent weeks.
Further delays are possible, with industry analysts at Waterborne LNG saying they expect first cargoes in mid 2011.
The postponement could ease pressure on LNG prices which have come under pressure after the economic recession hit gas demand. Most economists expect the global economy, and energy demand, to be stronger in 2011 than 2010.
The Qatargas 4 project will produce 7.8 million tonnes of LNG annually, equivalent to 280,000 barrels of oil equivalent per day.
State-run Qatar Petroleum owns 70 percent of the project, while Shell owns the rest. Gas will be exported to China and Dubai under oil price-linked contracts which will make the project highly profitable, analysts said.
LNG is natural gas cooled to liquid so it can be exported in ships over distances too far for pipelines to be economic.
Shell has a target of 2 percent to 3 percent average annual growth between 2009 and 2012, despite output falling in recent years.
Qatargas was not immediately available for comment.
Europe's largest oil company by market value said its larger Pearl gas-to-liquids project in Qatar was scheduled to be completed by the end of 2010, with production ramp-up from late 2010 and into 2011.
In March, then-Chief Executive Jeroen van der Veer said Pearl would come onstream in late 2010 or early 2011.
As India's demand for energy grows, it seeks additional LNG (liquefied natural gas) from Qatar
China to divert more industrial natural gas to its people this coming December and January
------------------------------------------------------------------------------------
China has no plan to cut oil imports from Iran
It is reported that China has no plan to decrease its oil imports from Iran, the world fifth largest crude exporter.
Mr Wang Tianpu president of top refiner Sinopec Corp said China oil imports from Iran will remain at the current level of around 400,000 barrels per day.
The comment came as China announced that it will increase its oil imports from Saudi Arabia by about 12% from this year to top one million barrels a day.
Reuters quoted a Sinopec trader as saying that “We have to secure other supplies as the OPEC cuts may affect grades that our plants really need.”
Iran is the No 3 oil supplier of China, the world’s No 2 oil user.
Total Finds Oil In Vietnam
Are Higher Prices the 'New Normal' for Oil?
LONDON, Nov 23 (Reuters) - Royal Dutch Shell (RDSa.L) said it had delayed one of its largest schemes by around a year with start-up for the $8 billion Qatargas 4 liquefied natural gas project now planned for late 2010 and the first cargo possibly pushed into 2011.
The delay, which a Shell spokeswoman said was due to contractors struggling to keep up with the pace of developments in Qatar's gas industry, will make it harder for the Anglo-Dutch oil major to turn around a long run of falling production.
"We had been planning for a start-up in early 2010 but now we expect that to come in late 2010," the spokeswoman said on Monday, adding the slippage represented a delay of 10 months.
She declined to say when first cargoes would load but a statement from the company said ramp-up of the project could continue into 2011, raising the prospect the facility may not be in a position to load ships until then.
One dealer said they were not surprised by the delay, as Shell had flagged problems to analysts in recent weeks.
Further delays are possible, with industry analysts at Waterborne LNG saying they expect first cargoes in mid 2011.
The postponement could ease pressure on LNG prices which have come under pressure after the economic recession hit gas demand. Most economists expect the global economy, and energy demand, to be stronger in 2011 than 2010.
The Qatargas 4 project will produce 7.8 million tonnes of LNG annually, equivalent to 280,000 barrels of oil equivalent per day.
State-run Qatar Petroleum owns 70 percent of the project, while Shell owns the rest. Gas will be exported to China and Dubai under oil price-linked contracts which will make the project highly profitable, analysts said.
LNG is natural gas cooled to liquid so it can be exported in ships over distances too far for pipelines to be economic.
Shell has a target of 2 percent to 3 percent average annual growth between 2009 and 2012, despite output falling in recent years.
Qatargas was not immediately available for comment.
Europe's largest oil company by market value said its larger Pearl gas-to-liquids project in Qatar was scheduled to be completed by the end of 2010, with production ramp-up from late 2010 and into 2011.
In March, then-Chief Executive Jeroen van der Veer said Pearl would come onstream in late 2010 or early 2011.
As India's demand for energy grows, it seeks additional LNG (liquefied natural gas) from Qatar
China to divert more industrial natural gas to its people this coming December and January
------------------------------------------------------------------------------------
China has no plan to cut oil imports from Iran
It is reported that China has no plan to decrease its oil imports from Iran, the world fifth largest crude exporter.
Mr Wang Tianpu president of top refiner Sinopec Corp said China oil imports from Iran will remain at the current level of around 400,000 barrels per day.
The comment came as China announced that it will increase its oil imports from Saudi Arabia by about 12% from this year to top one million barrels a day.
Reuters quoted a Sinopec trader as saying that “We have to secure other supplies as the OPEC cuts may affect grades that our plants really need.”
Iran is the No 3 oil supplier of China, the world’s No 2 oil user.
Total Finds Oil In Vietnam
Are Higher Prices the 'New Normal' for Oil?
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