Account
Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world's third-biggest economy as policymakers try to engineer a sustained revival.The 3.8 percent annual increase in exports in April was below the median estimate for a 5.9 percent rise and followed a 1.1 percent increase in the year to March.The result also underscores the limitations of a weak yen in bolstering the trade sector, especially as external headwinds crimp demand for exports.The uncertainty was underlined recently by a string of weak data from the United States and China, Japan's major export markets.Prime Minister Shinzo Abe's policy mix of sweeping fiscal and monetary stimulus, dubbed "Abenomics", has driven the yen to a 4-1/2 year low against the dollar and boosted Tokyo shares <.N225> by 70 percent since November.However, the benefits of a weak yen has not been fully reflected in the trade sector, partly because man...
The Energy Department on Friday said it approved Freeport LNG Expansion LP and FLNG Liquefaction LCC to export domestic liquefied natural gas to countries without a ...
A feasibility study into two new regasification terminals is expected to be completed by 2014, Petronas Gas Bhd. (6033.KU) said on Thursday.The gas unit of Malaysia'...
Investment in Australia's resources sector should remain strong over the next three years, according to consultancy Wood Mackenzie, which Thursday said fears of a sh...
U.K. stocks extended gains into a ninth straight day on Tuesday, with Severn Trent PLC soaring after bid news, while miners added pressure after a sector downgrade.T...
U.K. stocks were on track for a ninth straight day of gains on Tuesday, with Severn Trent PLC soaring after bid news, while miners added pressure after a sector down...
BG Group PLC (BG.LN) Tuesday said it is shifting its focus back to exploration and liquefied natural gas, while reducing its spending on big developments and streaml...
OAO Novatek (NVTK.RS), Russia's biggest independent natural gas producer, saw a 7.0% on-year rise in first-quarter attributable profit to 22.7 billion rubles ($726.1...
Indonesia will send a delegation to China later this month to seek a higher price for its liquefied natural gas, the head of oil and gas upstream watchdog SKK Migas ...
John Wood Group PLC (WG.LN), an international energy services company, Monday said it has been awarded a multi-million dollar engineering contract for the Bonaparte ...
U.K. residential gas use rose 18% at the start of 2013 due to the freezing temperatures, said major utility Centrica PLC (CNA.LN) Monday, adding it would use any pro...
Only a few months after Spanish oil company Repsol SA (REP.MC) said it would write down the value of its Canadian liquefied natural gas operation by $1.3 billion ami...
Spanish oil company Repsol SA (REP.MC) said Thursday its first-quarter profit rose 38% on the year, mainly due to higher production and refining margins.Repsol said ...
Russian gas firm OAO Gazprom (GAZP.RS) has cut its forecast for gas output at its giant Bovanenkovo field by almost one-third because of lower demand, the head of Ga...
Consolidated Edison Inc. (ED) formed a partnership with Sempra Energy (SRE) that gives the utility company a 50% interest in two Sempra U.S. Gas & Power solar facili...
The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the ...
Service companies that rode the wave of investment in Australian resources are facing harder times, reporting a slew of earnings downgrades and preparing to move the...
Natural-gas futures settled higher Monday as investors focused on weather forecasts that pointed to increasing gas demand.Forecasts for the U.S. are calling for hot ...
Natural-gas futures rose more than 2% Monday as investors focused on signs of increasing gas demand.Weather forecasts for the U.S. are calling for hot and humid temp...
The Obama administration on Friday approved a second U.S. terminal to export liquefied natural gas (LNG) to non-free trade agreement countries, further expanding the...
