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Wave of Australian LNG write-downs looms amid oil slump

2015-02-04 07:39:12| Oil & Gas - Topix.net

The seven-month oil rout threatens to erode the returns of local LNG producers, whose contracts with Asian buyers are linked to crude. Photo: Michele Mossop BG Group's move to write down the value of its Australian assets after the slide in oil prices may kick off a wave of impairments in the country's natural gas export industry.

Tags: oil wave australian lng

 

Midnight tax return deadline looms

2015-01-31 01:18:26| BBC News | Business | UK Edition

Hundreds of thousands of people are expected to log on today to file a self-assessment tax return and avoid a 100 fine.

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Senate finally passes Keystone, but Obamas veto looms

2015-01-30 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

McClatchy: The Senate passed a bill approving construction of the controversial Keystone XL pipeline on Thursday, setting up a showdown with President Barack Obama, who has promised to veto the measure. Thursday's vote culminated six years of intense debate over the proposed 1,179-mile pipeline, designed to ship Canadian oil sands crude to the U.S. Gulf Coast. The Senate passed the measure 62-36, with nine Democrats joining all Republicans in voting in favor. An almost identical bill already passed...

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Kenya strike over but further action looms

2015-01-20 12:36:00| Daily apparel & textile news and comment - from just-style.com

Over 7,000 Kenyan garment workers returned to work this week following an eight-day strike over the dismissal of 120 workers from Ashton Apparels, but further action has been threatened.

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CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms

2015-01-14 16:13:10| Railroads - Topix.net

The fourth-quarter results, the first by a U.S. railroad, gave a broad glimpse into the benefits from lower energy costs before producers began paring investment in the oil patch. U.S. railroads, a gauge of economic health because of the range of products they haul, saw traffic rise 4.5 percent in the period.

Tags: profit estimates meets fallout

 

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