European

Those whose interests are favored by liquefied natural gas (LNG) forsaking U.S. shores can thank more attractive oil-indexed pricing in Asia and European demand for holding back the long-predicted tide of cargoes, at least for this year and next, according to an analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).

Those whose interests are favored by liquefied natural gas (LNG) forsaking U.S. shores can thank more attractive oil-indexed pricing in Asia and European demand for holding back the long-predicted tide of cargoes, at least for this year and next, according to an analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).

Those whose interests are favored by liquefied natural gas (LNG) forsaking U.S. shores can thank more attractive oil-indexed pricing in Asia and European demand for holding back the long-predicted tide of cargoes, at least for this year and next, according to an analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).

Majors and European-based international oil companies (IOC) invested heavily in U.S. onshore shale natural gas through both asset and corporate mergers and acquisitions (M&A) in 2009, lifting the percentage of global spending for the United States to more than 40% of worldwide transaction value, according to energy research firm IHS Herold.

Majors and European-based international oil companies (IOC) invested heavily in U.S. onshore shale natural gas through both asset and corporate mergers and acquisitions (M&A) in 2009, lifting the percentage of global spending for the United States to more than 40% of worldwide transaction value, according to energy research firm IHS Herold.

Majors and European-based international oil companies (IOC) invested heavily in U.S. onshore shale natural gas through both asset and corporate mergers and acquisitions (M&A) in 2009, lifting the percentage of global spending for the United States to more than 40% of worldwide transaction value, according to energy research firm IHS Herold.

As part of its much larger restructuring with British and European Commission (EC) financial authorities, the Royal Bank of Scotland (RBS) confirmed last Tuesday that it will be divesting its interest in the fifth largest North American energy trading organization, RBS Sempra Commodities. Initial reports that this move was imminent surfaced out of the United Kingdom (UK) last Monday, and San Diego-based Sempra Energy issued a statement to clarify that any breakup would be orderly and could take several years.

As part of its much larger restructuring with British and European Commission (EC) financial authorities, the Royal Bank of Scotland (RBS) confirmed Tuesday that it will be divesting its interest in the fifth largest North American energy trading organization, RBS Sempra Commodities. Initial reports that this move was imminent surfaced out of the United Kingdom (UK) Monday, and San Diego-based Sempra Energy issued a statement to clarify that any breakup would be orderly and could take several years (see Daily GPI, Nov. 3).

U.S. and European exchange officials last Monday said they supported Congress issuing a mandate for central clearing of credit default swaps (CDS), a form of insurance against the default of debt securities, which have contributed to much of the tumult in the credit markets. U.S. exchanges say they are ready or near ready to proceed with clearing of certain CDS transactions to increase transparency and limit counterparty risk.