Gas industry
Chesapeake Energy ranks first with Net Debt of $11.99B, XTO Energy ranks second with Net Debt of $10.48B, and Anadarko Petroleum ranks third with Net Debt of $9.22B. Devon Energy follows with a Net Debt of $6.63B and EnCana rounds out the top five with a
Gas industry
Brazil has emerged as a significant player in the global oil and gas market, with its subsalt discoveries transforming the country's offshore region into a lucrative investment destination. The discovery of huge reserves of oil in the subsalt layer, thousands of meters below layers of sand and rocks
Gas industry
The Brazilian government has implemented various laws and tax policies to regulate the offshore oil and gas industry. GlobalData's report provides an essential overview of the country's upstream fiscal regime, including information on payments to be made by oil and gas producing companies. The report offers
Gas industry
Investors anxiously await the unfolding of the Greek aid package, causing gold to lose appeal as a safe haven. Meanwhile, crude oil and other commodities are influenced by data from the Labor Department, showing a decrease in unemployment benefits. Notably, BP shares decline after announcing increased costs due to the
Gas industry
In a major development for the energy sector, JEMB Realty, a New York-based real estate and energy investment firm, announced on April 1, 2010, a partnership with Harbert Power Fund III to form JEMB/Harbert Astoria Holdings LLC. This partnership brings together JEMB Family, an affiliate of JEMB Realty, and
Petroleum industry
Kenneth Fisher, a prominent investor, is exhibiting optimism about the stock market, expecting a "bull market chapter 2." He remains heavily invested in international stocks, with his top holdings reflecting a mix of energy, technology, and transportation companies. Notably, Fisher reduced his stakes in Occidental Petroleum Corp., Anadarko
Petroleum industry
Australian conglomerate Wesfarmers Ltd will restructure its industrial divisions, merging Wesfarmers Energy and Wesfarmers Chemicals and Fertilisers to form a new division, Wesfarmers Chemicals, Energy and Fertilisers. This new division will provide a vertically integrated LPG and LNG offer, combining the company's LPG and LNG businesses, including Kleenheat
Gas industry
ReportsandReports has announced the addition of a new report on the global offshore drilling market to its store. The report highlights the importance of offshore drilling in the global E&P business, with a fundamental role in extracting oil and gas production from offshore locations. According to the report,
Gas industry
Reliance Industries Ltd (RIL) has informed the Directorate General of Hydrocarbons (DGH) that four smaller gas finds surrounding the D-1 and D-3 fields in the Krishna-Godavari basin can be commercially exploited. This development is expected to prolong the peak output of 80 million standard cubic meters per day (mmscmd) from
Petroleum industry
GAIL India Ltd, the state-owned gas utility, is negotiating with Qatar to secure a guaranteed supply of natural gas for a $1.3 billion petrochemical plant it plans to build with Reliance Industries. The project, which aims to capitalize on the growing demand for petrochemical products worldwide, would be set
Petroleum industry
Canadian stocks gained for the first time in three days, led by financial shares, as two of the country's biggest banks increased their gross domestic product (GDP) forecasts. Bank of Montreal and Royal Bank of Canada predicted the Canadian economy should grow faster than previously estimated, prompting a
Gas industry
Kanto Natural Gas Development Co., Ltd. (KNG) is a Japan-based natural gas company operating through four reportable segments, including gas, iodine and brine, construction, and others. The company produces various types of natural gas and supplies them for usage. KNG operates through five consolidated subsidiaries and five non-consolidated subsidiaries, with
