What a difference a week can make. Weighed down by forecasts for moderating temperatures and technical selling, the futures market ended the month of January on a negative note, with many traders sensing that the seasonal top was already in place. Cut to Friday, however, and the trading landscape had completely changed. Weather forecasts were calling for another wave of below normal temperatures, crude oil and its related products were testing new highs and natural gas was looking back over its shoulder at the $6.00 mark, believed unobtainable just a week before.
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Articles from Align
Duke Energy to Sell DukeSolutions to Ameresco Inc.
In an effort to further align its businesses, portfolio and resources to focus on wholesale markets, Duke Energy has sold its DukeSolutions business to Framingham, MA-based Ameresco Inc., a privately held energy services company. Terms of the transaction were not disclosed.
March 18, 2002
Duke Energy to Sell DukeSolutions to Ameresco Inc.
In an effort to further align its businesses, portfolio and resources to focus on wholesale markets, Duke Energy has sold its DukeSolutions business to Framingham, MA-based Ameresco Inc., a privately held energy services company. Terms of the transaction were not disclosed.
March 14, 2002
Oneok and Magnum Hunter Align
Oneok Inc. and Magnum Hunter Resources Inc. have created astrategic alliance to maximize gas production and developmentopportunities for both companies. Oneok will buy $50 million ofMagnum Hunter convertible preferred stock, becoming a 31% equityowner. Oneok will acquire $10 million of Magnum Hunter’s pendingacquisition of Spirit 76, including reserves and a gatheringsystem. Oneok also will market all of Magnum Hunter’s Oklahomaproduction and have the right to participate in Magnum Hunter’sOklahoma acquisitions.
December 15, 1998
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