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Energy Daily Update

Dollar devaluation cause of oil spike
Doha: A detailed review of oil prices, which have a direct bearing on inflation worldwide, reveals that this is the only time in history when oil prices have risen steeply without any major political event or upheaval taking place.

Gazprom, GDF to swap pipeline gas for LNG
Russia's OAO Gazprom and France's Gaz de France have signed a deal under which Gazprom will deliver pipeline gas to GDF in exchange for a shipment of LNG, which Gazprom will sell in the US.

RasGas II LNG Train 4 starts operation
Ras Laffan Liquefied Natural Gas Co. Ltd. II (RasGas II) reported the start-up of its 4.7 million tonne/year Train 4 LNG facilities at Ras Laffan Industrial City in Qatar.

Syntroleum to test GTL process with coal
Syntroleum Corp., Tulsa, plans to test its propriety Fischer-Tropsch catalyst with coal-derived synthesis gas at a coal gasification plant.

Indonesia might intervene in Cepu Block talks
The Indonesian government said it will intervene in talks between ExxonMobil Oil Indonesia Inc. and Indonesian state-run oil and gas firm PT Pertamina if the two sides reach no agreement.

Warm weather pushes energy prices lower
NEW YORK - Energy prices drifted lower Tuesday as warm weather persisted throughout the Northeast amid expectations that U.S. oil reserves are sufficient for increased demand this winter.



Post je objavljen 30.11.2005. u 15:56 sati.