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LNG terminal construction project on hold, victim of falling crude

2014-12-31 17:35:18| Oil & Gas - Topix.net

Construction at Cheniere Energy Inc.'s liquified natural gas terminal is seen in this aerial photograph taken in Sabine Pass, Louisiana, U.S., in December 2013. Cheniere Energy Inc. is implementing a $10 billion plan to add LNG export capacity to the existing Sabine Pass import terminal.

Tags: project construction hold terminal

 

Revisiting Our Price Estimates For Large Independents Amid Lower Crude Prices

2014-12-27 05:57:41| Chemicals - Topix.net

We recently revisited our price estimates for the large independent oil and gas companies we cover to account for the change in our long-term forecast for crude oil prices. We now believe that the recent decline in oil prices could sustain for a longer period amid a slower demand growth scenario and the weakened price controlling power of OPEC .

Tags: price large prices lower

 
 

Mid-Day Market Update: Crude Oil Slides Over 1%; American Apparel Shares Jump

2014-12-26 21:44:25| Livestock - Topix.net

Editor's note: An earlier version of this article cited incorrect information from Wednesday's market movers. The error has been corrected.

Tags: american market jump update

 

Brent crude oil falls back below $60 as global supply continues to rise

2014-12-19 01:00:00| Offshore Technology

The price of Brent crude dropped below $60 a barrel on Friday as a worldwide abundant supply of oil indicated continued growth, despite more energy firms cutting upstream investments.

Tags: to back global supply

 

TransCanada CEO says industry has lived through worse than latest crude downturn

2014-12-18 15:26:30| Energy - Topix.net

TransCanada's President and CEO Russ Girling says he doesn't see the oil industry's appetite for new pipelines faltering even though crude prices have skidded recently to the lowest in more than five-years. Girling is shown at a news conference in Toronto on Thursday, October 30, 2014.

Tags: latest industry lived ceo

 

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