U.S. natural gas prices for 2013 will be lower than predicted in late October because winter weather so far has been missing in action, Raymond James & Associates’ energy team said this week. Analysts with Goldman Sachs also have reduced their price forecast but said they remain bullish on the market.
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Shell Investing Big in China’s Unconventional Gas
Royal Dutch Shell plc plans to invest a minimum of $1 billion a year in unconventional natural gas exploration in China, the producer’s top China executive said this week.
Investors Seek More Transparency on Fracking
Two U.S. shareholder groups that together have more than $130 billion in investor assets on Tuesday called for more transparency by natural gas operators that use hydraulic fracturing (fracking).
Massachusetts’ Mayors Say NOAA Report Underscores Fire, Radiation Threat of LNG
A yet-to-be-published federal report that is unfavorable to liquefied natural gas (LNG) is causing quite a stir in Massachusetts, prompting Boston Mayor Thomas M. Menino to renew his call for a ban on LNG tanker traffic in Boston Harbor, and the mayor of Fall River, MA, to claim the report adds fuel to his campaign to block a proposed LNG facility from being sited in his city.
Massachusetts’ Mayors Say NOAA Report Underscores Fire, Radiation Threat of LNG
A yet-to-be-published federal report that is unfavorable to liquefied natural gas (LNG) is causing quite a stir in Massachusetts, prompting Boston Mayor Thomas M. Menino to renew his call for a ban on LNG tanker traffic in Boston Harbor, and the mayor of Fall River, MA, to claim the report adds fuel to his campaign to block a proposed LNG facility from being sited in his city.
Ex-SEC Chairman: ‘Culture of Gamesmanship’ Led to Enron Undoing
The financial nightmare at Enron Corp. underscores the need for increased oversight of auditors, as well as the need for greater autonomy and objectivity by the Financial Accounting Standards Board (FASB), financial analysts, corporate auditing committees and company boards of directors, former Securities and Exchange Commission (SEC) Chairman Arthur Levitt Jr. told a Senate hearing last Thursday.
Ex-SEC Chairman: ‘Culture of Gamesmanship’ Led to Enron Undoing
The financial debacle at Enron Corp. underscores the need for increased oversight of auditors, as well as the need for greater autonomy and objectivity by the Financial Accounting Standards Board (FASB), financial analysts, corporate auditing committees and company boards of directors, former Securities and Exchange Commission (SEC) Chairman Arthur Levitt Jr. told a Senate hearing Thursday.