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Liquefied Natural Gas

Japan exports disappoint, full benefits of weak yen yet to show

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...

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  1. Landmark DOE Decision OKs Second LNG Export Permit

    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 ...

  2. Petronas Gas Studying Building More Regas Terminals

    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'...

  3. Australia Resource Investment Peak Overplayed -Wood Mackenzie

    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...

  4. LONDON MARKETS: FTSE 100 Climbs For Ninth Straight Day

    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...

  5. LONDON MARKETS: FTSE 100 Aims For 9th Straight Day Of Gains

    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...

  6. BG Group Shifts Focus Back To Exploration, LNG

    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...

  7. Novatek Posts 7.0% Rise in 1Q Profit

    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...

  8. Indonesia to Seek Higher Price From China for LNG

    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 ...

  9. John Wood Group Gets Multi-Million Dollar Australian LNG Contract

    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 ...

  10. Centrica Sees UK Gas Consumption Rise, Continues US Export

    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...

  11. Canadian LNG Bolsters Repsol Profit in One-Off Winter Boost

    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...

  12. Repsol Profit Up 38% on Higher Output, Refining Margins

    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 ...

  1. Gazprom Cuts 2013 Output Forecast At Bovanenkovo Field

    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...

  2. Sempra, Consolidated Edison Partner in Two Solar Power Plants

    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...

  3. Shell says hunt for new CEO is underway

    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 ...

  4. Mining Services Feel Heat as Australia Resource Boom Cools

    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...

  5. Natural Gas Rises as Forecasts Show Hot Weather Ahead

    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 ...

  6. Natural Gas Jumps on Signs of Rising Demand

    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...

  7. Obama Admin OKs 2nd Nat Gas Export Hub

    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...

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