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SapuraKencana secures approval to develop B15 gas field offshore Malaysia

2015-11-05 01:00:00| Offshore Technology

Petroliam Nasional (Petronas) has approved SapuraKencana Energy's (SKE) field development plan (FDP) for the SK310 B15 gas field project in offshore east Malaysia.

Tags: field develop gas approval

 

Low oil and gas prices lead to big writedown at Chesapeake Energy

2015-11-04 22:32:47| Energy - Topix.net

Chesapeake Energy performed better than analysts expected during the third quarter even as a $5.4 billion writedown wiped out its profits and the sustained drop in energy prices means more writedowns are coming. Chesapeake posted a net loss of $4.7 billion, or $7.08 a share, compared with a profit of $662 million, or 26 cents, a year earlier, the Oklahoma City-based company said Wednesday.

Tags: low big prices lead

 
 

Natural gas losing its shine as Asia holds faith in coal power

2015-11-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity. Asian loyalty to coal is shrinking the space available for natural gas just as supplies are ramping up after massive investments in U.S. and Australian output. Demand growth for natural gas is also slowing in top energy consumer China, further dampening the fuel's prospects....

Tags: power natural asia gas

 

Daily Dividend Report: EMR, MIC, AIG, COL, GAS, LEG, TDS, HR

2015-11-04 12:51:09| Furniture - Topix.net

Emerson voted today to increase the quarterly cash dividend from forty-seven cents to forty-seven and a half cents per share of common stock payable December 10, 2015 to stockholders of record November 13, 2015. Macquarie Infrastructure Corporation has authorized the payment of a cash dividend for the third quarter of 2015 of $1.13 per share.

Tags: report daily gas col

 

Range Resources to offload natural gas operations in Virginia for $876m

2015-11-04 01:00:00| Hydrocarbons Technology

US-based oil and natural gas producer Range Resources is set to offload its natural gas operations in southwestern Virginias Nora field for $876m in a bid to reduce debt.

Tags: range resources natural operations

 

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