After gaining access earlier this year to a big bundle of onshore and offshore opportunities in the United States, Freeport-McMoRan Copper & Gold Inc. now is reworking its strategy to relieve the cost burden and increase production, top executives said last week.
Bundle
Articles from Bundle
Williams Pummeled by Ethane Rejection
Energy infrastructure giant Williams, whose pipeline partnership holds a bundle of huge natural gas and liquids operations, expects to see “full ethane rejection” through 2015, which will lead to “near-term headwinds” for the unit, CEO Alan Armstrong said last week.
Williams ‘Marcellus/Utica or Bust’ Strategy Pressuring Pipeline Unit
Energy infrastructure giant Williams, whose pipeline partnership holds a bundle of huge natural gas and liquids operations in the Northeast, expects to see “full ethane rejection” through 2015, which will lead to “near-term headwinds” for the unit, CEO Alan Armstrong said Wednesday.
BP Pledges Gulf Assets as Spill Fund Collateral
BP plc on Friday pledged a bundle of its U.S. Gulf of Mexico assets as collateral for the $20 billion Deepwater Horizon Oil Spill Trust, which was set up to pay for disaster claims.
ExxonMobil, Affiliates Ready to Sell Gas-Rich Assets in Texas, Canada
ExxonMobil Corp. has a bundle of natural gas-heavy properties in Texas and Canada up for sale, according to Indigopool.com, Schlumberger’s acquisition and divestiture website.
ExxonMobil, Affiliates Ready to Sell Gas-Rich Assets in Texas, Canada
ExxonMobil Corp. has a bundle of natural gas-heavy properties in Texas and Canada up for sale, according to Indigopool.com, Schlumberger’s acquisition and divestiture website.
CA Governor Names 3 to CAISO Board; Reappoints CEC’s Boyd
As part of a large bundle of new appointments late Friday, California Gov. Arnold Schwarzenegger filled three of the five seats on the oversight board of the California Independent System Operator (CAISO) and reappointed one of the five members of the California Energy Commission (CEC). All of the selections require confirmation by the California Senate.
Dynegy Bolstering Midwest Presence With Illinova Deal
Dynegy last week said it will pick up a bundle of Midwestgeneration assets to accelerate its energy convergence strategywhen it acquires Decatur, IL-based Illinova Corp. The combinedcompany will be called Dynegy and will own/control more than 15,000MW of gross domestic generating capacity, average more than 9 Bcf/dof gas sales, and serve more than 950,000 retail customers.