Houston-based Isramco Inc. has agreed to acquire varying working interests in producing oil and natural gas properties in Texas, New Mexico and Oklahoma from GFB Acquisition I, LP and GE Financial Services for approximately $102 million.
2008
Articles from 2008
El Paso Launches Open Seasons for Ruby, WIC and CIG
El Paso Corp. has launched a binding open season for its proposed Ruby Pipeline LLC, which would transport natural gas from the Rocky Mountain basins to the West Coast. It also announced binding open seasons for Rockies capacity on its Wyoming Interstate Co. Ltd. (WIC) and Colorado Interstate Gas Co. (CIG) pipeline systems.
100-Year-Old Aquila Near the End of the Road
Colorado regulators have approved the sale and transfer of Aquila Inc.’s utility operations in Colorado to Black Hills Corp. That leaves outstanding only the approval of Missouri officials for the multi-billion dollar, three-way transaction that will spell the end of Aquila and its predecessors, which have served portions of mid America since 1908.
Disabled LNG Tanker Off MA Coast Under Repair
Full electrical power has been restored to a liquefied natural gas (LNG) tanker that lost propulsion off the Massachusetts coast early Monday, according to the Coast Guard Boston Command Center.
Southern Star Extends Open Season Targeting Midcontinent Gas
Southern Star Central Gas Pipeline Inc. announced last week that it will extend by two weeks the binding open season for a project to provide incremental deliveries of up to 100,000 Dth/d of Midcontinent supplies to Enogex Inc.’s East Rate Zone near the Perry Compressor Station in Noble County, OK.
Senate Proceeds With Energy-Friendly Stimulus Plan
The Senate agreed Tuesday to move forward with a vote later this week on an amended $159 billion economic stimulus package that includes several key energy-related provisions, including $1 billion in additional subsidies for the Low-Income Home Energy Assistance Program (LIHEAP) and a one-year extension of renewable wind and solar tax credits. It’s not clear at this point whether the energy incentives will make it into the final stimulus plan.
Southern Star Extends Open Season Targeting Midcontinent Gas
Southern Star Central Gas Pipeline Inc. announced Monday that it will extend by two weeks the binding open season for a project to provide incremental deliveries of up to 100,000 Dth/d of Midcontinent supplies to Enogex Inc.’s East Rate Zone near the Perry Compressor Station in Noble County, OK.
Federal Fisheries Unit Clarifies Position on Bradwood LNG
The Marine Fisheries unit in the U.S. Department of Commerce clarified some earlier comments made about NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon that the agency and LNG proponents felt were misconstrued by some local news media. A letter was sent to the U.S. Army Corps of Engineers in Portland Friday to clarify comments that were misperceived as being against the LNG project.
Alaska Turns Down Port Authority Bid for Reconsideration
Alaska state officials said last Wednesday they will not reconsider the disqualification of a gas pipeline application from the Alaska Gasline Port Authority (AGPA) for evaluation under the Alaska Gasline Inducement Act (AGIA) process.
Second West Mexican LNG Plan Shows Competitive Strains
News that Mexico’s government is serious about a second liquefied natural gas (LNG) receiving terminal on its western coast is roiling the global LNG trade and giving heartburn to global industrial/energy giants as supplies are scarce.