Natural Gas

Chesapeake Energy (NYSE:CHK) in Death Spiral

Chesapeake Energy (NYSE:CHK) downgraded, shares fall Chesapeake Energy Corp shares dropped 6.5% Tuesday following a credit rating downgrade and news that the Nat Gas producer will boost its borrowings to $4-B from the planned $3-B as it faces a liquidity crunch. The company, facing a funding shortfall of $9-B to $10-Bthis year, said on Friday [...]

BHP Predict Natural Gas Rig Count to Fall

BHP Billiton (NYSE:BHP), shale Gas has faster payback than offshore operations BHP Billiton Ltd. on Monday highlighted the quick payback shale production offers, although the head of the company’s petroleum unit said the number of rigs operating on its recently acquired acreage in the US will be reduced until Nat Gas prices rebound. BHP will [...]

China Gas Holdings (HKG:0384) Upgraded on Looming Take-Over

China Gas Holdings (HKG:0384) was turned up a notch as Beijing Enterprises Group boosted its stake in the fuel supplier for the second time in five days to become its No2 shareholder. LTN www.livetradingnews.com Asia’s leading economic research house thinks BEG’s move will put further pressure on China Petroleum & Chemical Corp (HKG:0386), or Sinopec, [...]

Natural Gas Forecast

Jun Crude Oil prices were under pressure throughout the session Friday, and fell to their lowest level since 3 February. Initially, there was carryover weakness from Thursday, with slowing economic growth concerns and OPEC’s recent boost in production weighing on the market. Crude Oil price came under added pressure during the initial morning hours in [...]

M&A News: Private Equity Buys Oil and Gas

Private equity (‘PE’) interest in the U.S. oil and gas industry marked at least a 20-year high during the first quarter of 2012, as the volume of mergers and acquisitions (M&A) reached 11 transactions, which had a total deal value of $11.5 billion, a 120 percent increase in activity when compared to the same period [...]

Shayne Heffernan Coal Report

Arch thinks U.S. coal consumption for electrical generation could drop by at least 75 million tons this year, so it is paring its total production in the U.S. by 25 million tons over 2012. Arch has eliminated some 500 jobs company-wide since the market’s downturn. “While we hope that coal markets improve as we progress [...]

The Economics of Energy in Peru

Increases in the production of natural gas and the opening of South America’s first liquefied natural gas (LNG) plant have enabled Peru to become a nat ural gas exporter despite rising domestic consumption. Peru has the potential to be a significant producer of both natural gas and petroleum due to its untapped reserves and rising [...]

China and Russia in New Energy Deal

Chinese and Russian co-operation in the energy sector will expand beyond the traditional Oil and Gas arena as economic ties between the 2 countries continue to tighten, industry experts say. Russia sold 2.31-M tons of Crude Oil to China in March, a Y-Yincrease of 47.8%. Russia became China’s 3rd-biggest source of Crude Oil after the [...]

US Natural Gas Rig Count Hits 10 Year Low

The number of rigs drilling for Nat Gas in the United States fell last week to the lowest level in 10 yrs as low prices continued to force producers to slow dry Nat Gas operations. The Nat Gas-directed rig count has dropped in 14 of the last 16 wks, sliding 18 last week to 613, [...]

Gold, Silver and Oil Outlook

Gold rose for a 4th consecutive session Friday and marked its biggest weekly gain since late February, as disappointing US growth and EU debt problems boosted investment demand for the precious Yellow metal. Bullion buying rose after a report showed US economic growth cooled in Q-1, as businesses cut back on inventories and investment. Some [...]

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Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …