First Enercast Featured Articles for Jul 01, 2009
Forecast & Analysis - Top Stories - Financial - Releases - Weather Stories
Forecast & Analysis
DJ US NATURAL GAS INVENTORY SURVEY: 74 Bcf Build Expected
NEW YORK (Dow Jones)--Analysts and traders expect government data scheduled for release on Thursday to show a smaller-than-normal injection into natural gas storage last week as a result of hot weather in some of the major gas-consuming regions...
DJ TECHNICALLY SPEAKING: Energy Slump Isn't Going On Holiday
NEW YORK (Dow Jones)--Expect the slide in the previously rebounding energy sector to continue, say technicians...
Clean-Energy Deals Rebounded in Second Quarter, Deloitte Says
July 1 (Bloomberg) -- Investment in alternative-energy companies rebounded in the second quarter, with venture-capital funding increasing 12 percent from the previous period...
Summer Retail Gasoline Prices Have Peaked, AAA Says
July 1 (Bloomberg) -- U.S. retail gasoline prices have peaked and wont go higher during this years summer driving season, AAA said...
Weekly Petroleum Data for the Week Ending June 26, 2009
U.S. crude oil refinery inputs averaged nearly 15.0 million barrels per day during the week ending June 26, down by 39 thousand barrels per day from the previous week's average...
US OIL INVENTORIES: Crude Oil Falls For 4th Week In A Row
NEW YORK (Dow Jones)--U.S. crude-oil inventories decreased for the fourth week in a row, while petroleum product stockpiles posted a larger-than-expected increase, according to U.S. Department of Energy data released Wednesday...
Top Stories
Canada, Russia Considered Climate Bad Boys Among G8 Nations
July 1 (Bloomberg) -- Canada and Russia, both northern and oil-rich, are making the least progress in cutting carbon- dioxide emissions among the major economies, a new study shows...
CFTC Looking at All Options for Fair Markets, Gensler Says
July 1 (Bloomberg) -- The Commodity Futures Trading Commission will use all of its regulatory power to ensure fair operations of futures markets for oil, agriculture, currencies and interest rates, the agencys chairman said...
Italian Train With LPG Explodes, Killing at Least 15
June 30 (Bloomberg) -- At least 15 people were killed and 35 were seriously injured when five freight train containers carrying liquefied petroleum gas exploded at a railway station in central Italy...
A Short Week That Is Long On Data
NEW YORK (Dow Jones)--U.S. financial markets will be closed on Friday, July 3, in observance of Independence Day, but the shortened trading week will be chockfull of economic data covering labor, manufacturing, consumers and housing...
Iraq May Get Exxon, Shell Bids in Oil Licensing Round Tomorrow
June 29 (Bloomberg) -- Iraq, holder of the worlds third- largest crude reserves, is set to receive offers to develop oil and natural gas fields tomorrow as the Middle Eastern state starts its first licensing round in more than three decades...
Climate Plan Faces Challenge After Narrow U.S. House Victory
June 29 (Bloomberg) -- U.S. House Democrats cheered when they won a vote to impose the nations first limits on greenhouse-gas emissions. Senate Democrats didnt join the party...
Financial
OIL FUTURES: Nymex Crude Falls After Products Stocks Grow
NEW YORK (Dow Jones)--Crude futures dropped Wednesday, as the latest U.S. petroleum data showed continued weak demand and abundant supplies...
Natural Gas Declines on Record-High Inventories, Weak Demand
July 1 (Bloomberg) -- Natural gas fell in New York for a third day amid swelling inventories and abnormally weak weather- related demand...
Oil, Gasoline Fall on Bigger-Than-Forecast Fuel Supply Increase
July 1 (Bloomberg) -- Crude oil and gasoline fell after a U.S. government report showed that fuel supplies in the worlds biggest energy-consuming country rose more than forecast...
Natural Gas Futures Volatile On Bargain Buying, Weather
[Dow Jones] Natural gas futures are choppy as traders weigh bargain buying and rising crude oil prices against forecasts of mild weather in the major gas-consuming regions...
OIL FUTURES: Crude Sheds Gains After Products Stocks Grow
NEW YORK (Dow Jones)--Crude oil surrendered some gains Wednesday after the U.S. government reported growing domestic stores of key refined products gasoline and distillates...
Crude Oil Rises After Report Shows Decrease in U.S. Inventories
July 1 (Bloomberg) -- Crude oil futures rose after a U.S. government report showed a decrease in inventories...
Releases
Praxair Acquires Sermatech International
INDIANAPOLIS--(BUSINESS WIRE)--Praxair Surface Technologies, Inc., a subsidiary of Praxair, Inc. (NYSE:PX), has acquired Sermatech International Holdings Corp. from Arsenal Capital Partners, a New-York-based private equity firm...
Exelon to hold conference call on NRG deal Thursday
NEW YORK, July 1 (Reuters) - Exelon Corp (EXC.N) said it plans to hold a conference call on Thursday morning to discuss its hostile takeover bid for independent power producer NRG Energy Inc. (NRG...
Public Service Receives Approval for $190 Million Investment
July 1 (Bloomberg) -- Public Service Electric & Gas Co., New Jerseys largest utility, received state approval to spend $190 million on an energy-efficiency stimulus program to promote conservation and create jobs...
Saudi Aramco's Clean Diesel Project To Start In October
DUBAI (Zawya Dow Jones)--Saudi Arabian Oil Co., or Aramco, said Wednesday it will start producing clean diesel from its joint venture refinery with Royal Dutch Shell PLC (RDSA) at Jubail on the Persian Gulf in October...
Valero fined by Delaware for refinery emissions
NEW YORK, June 30 (Reuters) - Valero Energy Corp (VLO.N) must pay the state of Delaware $86,250 for past emissions from its Delaware City refinery, state regulators said on Tuesday...
XTO Energy Increases Oil Price Hedges for 2010
FORT WORTH, Texas, June 30 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE: XTO) today updated its price hedges for future sales of oil production in 2010...
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