Energy experts at IHS Ceraweek say market dynamics will keep the lid on prices of U.S. natural gas even if more expensive techniques are used to extract it.» Read More
Some of Tuesday's midday movers:
Rising U.S. oil production will help neutralize supply disruptions from Libya and Iraq, making global markets less vulnerable to price shocks.
*Proven reserves up to 33 bln boe under SEC classification. MOSCOW, Jan 21- Rosneft, Russia's top crude producer, reported an almost 180 percent hydrocarbon reserves replacement ratio in 2013 thanks to acquisitions and increased drilling, though the company expected only modest growth in oil output.
Oil producers want to scrap the ban on crude exports, but they're hitting opposition—from within their own industry.
"I would be surprised if you saw Iran shooting quickly to the top of the list of attractive markets, although it may be attractive for certain manufactured goods companies in the short to medium term," said a Western business consultant who works with many of the world's biggest companies.
TOKYO, Jan 17- In the first concrete moves towards forming a buyers' group for liquefied natural gas, Tokyo Electric Power Co is proposing to rope in domestic and foreign firms to jointly procure up to 40 million tonnes a year of the fuel to cut costs.
Jan 16- Alaska has signed an agreement with major oil and gas firms to build an 800- mile pipeline to bring natural gas from the state's North Slope to a proposed export plant and on to Asia.
Jan 16- Alaska has signed an agreement with major oil and gas firms to bring stranded gas reserves to market by building a pipeline to connect with a proposed liquefied natural gas terminal.
Some of Thursday's midday movers:
FMHR trader Stephanie Link was not a fan of Exxon back in September. However, the stock is up 17 percent since her call.
*Bed, Bath& Beyond, Family Dollar drag retailers. The S&P retail index declined 0.7 percent, pulled lower by a 13.2 percent tumble in Bed, Bath and Beyond Inc to $69.14 and a 6.9 percent drop in Family Dollar Stores Inc to $61.76.
NEW YORK, Jan 9- U.S. stocks fell to session lows by late morning trade on Thursday, weighed down by Exxon Mobil and retailers as an earlier boost from upbeat labor market data lost steam.
Some of the world's largest energy companies- ExxonMobil, Royal Dutch Shell, Total and BP- have been pumping crude from the Abu Dhabi desert for decades, taking payment in oil. Many of the western company staff are expected to remain on site to help keep them running smoothly while Abu Dhabi debates what do over the long term.
LONDON, Jan 9- The flow of oil through a new pipeline to Turkey from Iraq's Kurdish region is a boon for the small oil companies that took a risk to explore there, who at last see the chance to earn steady export income from their investments despite the strong objections of the government in Baghdad.
LONDON/ ARBIL, Jan 9- Iraq's oil industry and its foreign investors see no cause to panic after al Qaeda militants seized major towns last week- troubled Anbar province, they note, could hardly be further from the main oilfields.
Rex Tillerson Chairman & CEO, ExxonMobil, describes why he thinks it is realistic for the US to be energy self-sufficient by the end of this decade.
DUBAI/ ABU DHABI, Jan 8- Abu Dhabi will take full control of the UAE' biggest oilfields when its decades-old venture with four western oil giants ends this weekend, while it weighs new partnerships that could include its long-term collaborators or Asian newcomers.
DUBAI, Jan 8- Abu Dhabi National Oil Company will take full control of the ADCO oil concession when the decades-old partnerships with some of the world's biggest oil companies ends in a few days' time, the state oil company said on Wednesday.
DUBAI, Jan 8- Abu Dhabi National Oil Company will take full control of the ADCO oil concession when the decades-old partnerships with some of the world's bigest oil companies ends in a few days' time, two industry sources said on Wednesday.
DUBAI, Jan 8- Abu Dhabi National Oil Company has signed deals for four western oil majors to continue operating its biggest oil fields, state news agency WAM said on Wednesday.