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Fitch warns of pressures on Australian LNG investors
2015-02-23 03:58:54| Oil & Gas - Topix.net
A dive in Asian liquefied natural gas prices expected in the second half of 2015 is poised to put pressure on the credit ratings of European energy majors such as BG Group and France's Total, whose ventures in Australia are likely to be unprofitable, Fitch Ratings says. Local players such as Woodside Petroleum, which generated about 64 per cent of its revenues from LNG last year, would also be hit this year, after seeing a "limited" hit in 2014 because of the lag between crude oil prices and LNG, the ratings agency said in a new analysis.
Tags: australian
investors
pressures
lng
Fitch warns of pressures on Australian LNG investors
2015-02-22 19:14:04| Energy - Topix.net
A dive in Asian liquefied natural gas prices expected in the second half of 2015 is poised to put pressure on the credit ratings of European energy majors such as BG Group and France's Total, whose ventures in Australia are likely to be unprofitable, Fitch Ratings says. Local players such as Woodside Petroleum, which generated about 64 per cent of its revenues from LNG last year, would also be hit this year, after seeing a "limited" hit in 2014 because of the lag between crude oil prices and LNG, the ratings agency said in a new analysis.
Tags: australian
investors
pressures
lng
America Inc. warns of turbulence ahead
2015-02-22 15:30:13| Oil & Gas - Topix.net
The red flags: many companies warned that oil prices and the strong U.S. dollar could hurt sales this year. Multinationals, ranging from Caterpillar and Microsoft to McDonalds and Procter & Gamble are worried that the strong dollar will drag down their overseas earnings in the coming months.
Tags: america
ahead
warns
turbulence
America Inc. warns of turbulence ahead
2015-02-22 14:59:28| Energy - Topix.net
The red flags: many companies warned that oil prices and the strong U.S. dollar could hurt sales this year. Multinationals, ranging from Caterpillar and Microsoft to McDonalds and Procter & Gamble are worried that the strong dollar will drag down their overseas earnings in the coming months.
Tags: america
ahead
warns
turbulence
Climate change panel warns New York seas and temperatures will rise destructive level
2015-02-22 05:41:00| Climate Ark Climate Change & Global Warming Newsfeed
National Monitor: The end of the century could see a six-foot rise in water level and cause the number of heat waves to triple Although it may seem ludicrous to think about heat waves while the northeast continues to get battered by snowstorms, scientists have revealed new predictions that indicate that the drastic weather across the country will only get worse as climate change gathers steam in the years to come. According to the New York City Panel on Climate Change, an independent organization of climate...
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