Exxon's Papua New Guinea LNG project ahead of schedule |
Exxon Mobil Corp said a $19 billion project in Papua New Guinea had started production of liquefied natural gas (LNG) ahead of schedule.Exxon said at its analyst meeting in March that the project was due to start during the middle of this year, The first cargo from the project. |
El Paso to buy natural gas assets from Kinder Morgan for $2 bln |
El Paso Pipeline Partners LP said it would buy natural gas assets from Kinder Morgan Inc for about $2 billion, including $1.01 billion of debt.El Paso Pipeline said as part of the deal, it would acquire a 50 percent interest in Ruby Pipeline. |
Stocks gain on merger speculation, crude oil falls |
Global equity markets rebounded in rocky trade on Monday after a $100 billion bid for AstraZeneca boosted speculation of further corporate deal-making, while crude oil prices fell as major producer Libya prepared to resume exports. The Nasdaq composite index shed more than 1 percent at one point as investors dumped growth shares regardless of companies' first-quarter results..... |
Brent holds above $108; Libya, U.S. inventories eyed |
Brent crude held steady above $108 a barrel on Tuesday after posting its biggest daily fall in nearly a month on an imminent rise in Libyan exports, while investors shrugged off more U.S. sanctions on Russia. |
U.S. crude edges higher toward $101 ahead of inventories data |
U.S. crude inched closer to $101 a barrel on Tuesday, building on Monday's gains ahead of weekly inventories data as investors shrugged off more U.S. sanctions on Russia and an imminent rise in Libyan exports. |
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