Natural Gas

Anadarko Inks Mozambique LNG Sale, Purchase Agreement With France’s EDF

Anadarko Petroleum Corp. (NYSE: APC) said on Feb. 20 that Mozambique LNG1 Co. Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG sale and purchase agreement with Électricité de France SA (EDF). The off-take agreement calls for the supp ...

Egyptian Firm To Buy $15 Billion Of Israeli Natural Gas

An Egyptian company will buy $15 billion of Israeli natural gas in two 10-year agreements announced on Feb. 19, a major deal that Israel hopes will strengthen diplomatic ties. The partners in Israel's Tamar and Leviathan offshore gas fields said they would supply the private Egyptian firm Dolphinus ...

Tech Talk for Tuesday February 20th 2018

Pre-opening Comments for Tuesday February 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Wal-Mart dropped $6.39 to $98.39 after reporting slightly lower than consensus fourth quarter earnings. The company also lowered guidance. Ho ...

Natural Gas In February - Yes Really

Natural Gas has been testing the $2.60 level for two weeks now. I have placed arrows around the centre of the first quarter in each of the last six years. By watching Natural Gas closely right now, there can be a great 4-6 week trading opportunity that is not correlated to the equity market indexes ...

Dividend Advisor Hotline – Friday, February 16, 2018

EMERA INC., $41.37, Toronto symbol EMA, owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also holds interests in several power plants and natural gas pipelines in the U.S. and the Caribbean. In July 2016, Emera purchased Teco Energy for $13.9 billion. That firm suppli ...

Trump Nominee For Key Post Says He Would Oppose Russia Pipeline

U.S. President Donald Trump’s nominee for a top State Department energy position said on Feb. 16 he would oppose Russia’s proposed natural gas pipeline under the Baltic Sea to Germany—the Nord Stream 2. “The United States’ position, it is my understanding, is to strongly oppose that pipeli ...

Appalachia Eyes Demand-Driven Projects

As major pipeline projects, including Rover, Mountain Valley and Atlantic Coast, move forward in their quest to unlock new markets for Appalachian natural gas, participants at the recent Marcellus-Utica Midstream Conference discussed prospects for the next round of projects likely to emerge based on ...

Tech Talk for Wednesday February 14th 2018

Pre-opening Comments for Wednesday February 14th U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points in pre-opening trade. Index futures moved lower following release of economic news at 8:30 AM EST. Consensus for January Consumer Prices was an increase of 0.3% v ...

Tech Talk for Wednesday February 14th 2018

  Observations Short term momentum indicators (Stochastics, RSI, MACD) for U.S. equity indices and most major sectors have turned up from oversold levels. See tables below. Copper and copper stocks were notably stronger yesterday. ‘Tis the season for copper and copper/base metal stocks to move h ...

Trump Infrastructure Plan Would Speed Up Pipelines, Cut Environmental Reviews

The Trump administration’s infrastructure proposal released on Feb. 12 would speed up the permitting of U.S. natural gas pipelines, including by cutting Congress out of the process for allowing them to cross national parks. The proposal fits into President Donald Trump’s broader plan to boost U. ...