Qatar is a red-hot economy. Last year it grew around 18% and this year it ought to grow another 16%. We saw the headlines in the Gulf Times in the lounge while waiting for our transfer to Dubai.
October 8th, 2009 | Chris Mayer | 1 comment | ContinuedAll Posts Tagged With: "lng"
Buying Oil on Sale as U.S. Dollar Gets Weaker
Oil did move up overnight in the futures market to US$71.94. And locally, there was more positive news for energy and energy stocks. Bloomberg reports that, “LNG sales from Australia’s biggest resources project may reach A$300 billion over its first 20 years.”
September 11th, 2009 | Dan Denning | 2 comments | Continued
Australia Possibly Among Top 10 Countries Globally Measured By Size of Gas Reserves
“We expect that Australia, in the very near future, will be among the top 10 countries globally measured by the size of its gas reserves. The size of Australia’s gas reserves means that further strong growth in this country’s LNG exports is assured,” Dr. Bethune said in Energy Quest’s latest quarterly report.
September 2nd, 2009 | Dan Denning | 8 comments | Continued
Gorgon LNG Deal with China a Really Big Deal
Well just a day after highlighting the size and scope of the Gorgon LNG project in Western Australia, we have news that it really is a big deal. It is so big, in fact, that Martin Ferguson, the Federal Minister for Energy and Resources, said Australia is emerging as an “energy superpower.”
Shazzam!
August 19th, 2009 | Dan Denning | 5 comments | Continued
Giant Costco Opens in Melbourne!
Mind you, we don’t have any problem with lower prices. There’s a bit of snobbery about American attitudes toward Wal-Mart and other giant retailers like Costco. After all, isn’t it a good thing when a large part of the population can reduce the amount of money it spends on basic food and necessities?
August 18th, 2009 | Dan Denning | 11 comments | Continued
Commodities Tell Us the World Won’t Stop Turning in a Financial Crisis
The Aussie gold price is fighting its way up despite the fact that the Aussie dollar keeps gaining on the greenback. While the Aussie gold price is up just $1.71 in the last 30 days (0.14%), the U.S. gold price is up nearly nine percent. We reckon the Aussie gold price will begin moving up closer to $1,500 again on a combination of events (weakness against the greenback for one.)
June 1st, 2009 | Dan Denning | 2 comments | Continued
Big-picture Case for Energy Stocks is Pretty Bullish
Kris Sayce has been banging on the LNG drum, meanwhile, over at the Australian Small Cap Investigator. If you’re wondering what the difference is between his energy stock coverage and ours at D&D, we’d say it’s risk. Kris has been researching and recommending LNG plays in Queensland’s budding coal-seam-gas industry.
May 15th, 2009 | Dan Denning | 2 comments | Continued
Curtain of Debt Divides Europe
It’s looking more and more like the euro crash will come before the dollar crash. Or maybe they’ll crash together. Gordon Brown hinted at something bigger and better than just a few major world currencies. He pointed out that nothing anyone’s done has really worked yet. So obviously, more will have to be done…
February 23rd, 2009 | Dan Denning | 3 comments | Continued
An Irish Bond Bomb
More people are beginning to see States in a different light. Rather than seeing states as the (most of the time) democratically elected representatives of the people, people see something much more feudal. They see a set of elites who achieve and maintain their position by looking out for the economic interests of a small group of elites, including themselves…
February 19th, 2009 | Dan Denning | 3 comments | Continued
Australia’s Next Big Export Industry
It may seem like a strange time to be talking up the resources sector, but while everyone else is running away I’m nipping in through a side door to get onboard one specific area of the resources industry. I’m talking about energy. But it’s not oil that’s grabbed my attention. It’s something much more exciting and potentially much more profitable than that. So profitable in fact, that it could soon be Australia’s single largest export industry…
January 28th, 2009 | Kris Sayce | 4 comments | Continued