Friday, August 01, 2014

Susan Whitepaper 21st WPC
Drew EGC Report

News - Press Notes

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Australian Financial Review: The Aussie funds backing Gazprom

It’s the stock that so many global “value” fund managers hate to love. The world’s largest gas company that has become a foreign policy tool for Vladimir Putin is in the bargain bin of some Aussie fund managers and in the too hard basket for others. By any valuation metric, the...

Bloomberg: GDF Suez Warns 2014 Profit to Be in Lower Forecast Range

GDF Suez SA (GSZ), operator of Europe’s biggest natural-gas network, said its first-half profit dropped 13 percent and warned the outage of two Belgian nuclear reactors and reduced heating demand may weigh on full-year earnings. While the utility confirmed 2014 financial targets, Courbevoie, France-based...

Herald Scotland: Shell vows to invest billions in North Sea

The chief executive of Royal Dutch Shell has said the company will invest billions of dollars in the North Sea in coming years and signalled it has no major concerns about the prospect of Scotland voting for independence. Ben van Beurden highlighted the oil and gas giant's enthusiasm for areas like...

Platts: Dutch, German gas prices stable to weaker on ample flows

Gas prices on the Dutch and German trading hubs were stable to slightly weaker Thursday morning, as the focus edged away from concerns over events in Ukraine which have dominated recent sessions to center more on bearish supply and demand fundamentals. At midday London time, the day-ahead contract on...

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