Yesterday shares in Arrow Energy, Australia's number four producer of coal-seam gas, were still halted as it worked on an agreement to sell an interest in its projects. Shell was rumoured to be the likely partner.
Natural Gas
Origin Energy rejects improved offer by BG Group
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Australia strikes it rich as oil majors scent big potential of coal-seam gas
Yesterday, Arrow Energy the fourth-largest producer was in a trading halt as energy majors, rumoured to include Shell, circled. Analysts say that BP, ENI and Total are interested.
Global Demand Squeezing Natural Gas Supply
CAMERON PARISH, La. The cost of a gallon of gas gets all the headlines, but the natural gas that will heat many American homes next winter is going up in price as fast or faster.
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