When a holding company has regulated and non-regulated businesses, its opportunities are more diverse; so are its challenges. On the regulated side, Integrys Energy Group CEO Charlie Schrock is fighting rising costs in an era of slow customer growth. However, the nation’s shale gas abundance is convincing customers — both regulated and non — to rely more heavily on gas.
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Articles from Businesses
Atlas Pipeline Launches Midcontinent Expansions
To respond to the “significant growth” of its Midcontinent gas midstream processing businesses, which are operating “at or near” 100% of capacity, Atlas Pipeline Partners LP (APL) late Thursday increased its capital budget to expand its Western Oklahoma and West Texas systems.
May 16, 2011
Texas Senate Passes NGV Bill
Texas businesses that convert heavy-duty vehicles to run on natural gas or buy new natural gas vehicles (NGV) could get financial incentives from the state for doing so under legislation passed by the Texas Senate. The same bill (SB 20) would also create a network of fueling stations to support such vehicles.
April 11, 2011
Patterson-UTI Rig Count Up, Dayrate Higher
More shale rigs and higher dayrates lifted the latest quarterly earnings of U.S. land-based driller Patterson-UTI Energy Inc. (PTEN), which last week topped Wall Street’s forecasts.
February 8, 2011
New Pennsylvania DEP Team, First Energy Executive Tapped
Three experienced state energy officials were selected by Pennsylvania Gov.-elect Tom Corbett on Tuesday to helm the Department of Environmental Protection (DEP) and another was tapped as the state’s first Energy Executive.
January 13, 2011
EPA GHG Rules to Impact Large Industries Most
The Environmental Protection Agency (EPA) draft plan to limit greenhouse gas (GHG) emissions may affect an estimated 13,000 large industrial sources, but the impact to small businesses should be limited, energy analysts said last week.
September 7, 2009
EPA’s GHG Rules Seen Impacting Large Industries
The Environmental Protection Agency (EPA) draft plan to limit greenhouse gas (GHG) emissions may affect an estimated 13,000 large industrial sources, but the impact to small businesses should be limited, energy analysts said this week.
September 3, 2009
Industry Briefs
Calgary-based Nexen Inc. is reviewing alternatives for its natural gas and power marketing businesses, which may include the sale of all or part of them. Nexen’s marketing business was the eighth largest North American gas marketer in the first quarter of this year, according to NGI’s Top North American Gas Marketers survey. The firm transacted about 5.1 Bcf/d during the quarter. Earlier this year Nexen scaled back its marketing operations (see NGI, May 4; Feb. 16). The company said it has selected an adviser to assist with this initiative to continue the alignment of its marketing activities with its upstream oil and gas business. Nexen has operations in the North Sea, Western Canada (including the Athabasca oil sands of Alberta and unconventional gas resource plays such as shale gas and coalbed methane), the deepwater Gulf of Mexico, offshore West Africa and the Middle East.
July 27, 2009
Widespread NGV Adoption Tied to Incentives, Study Finds
More local and state governments and businesses are adding natural gas vehicles (NGV) to their fleets, thanks to financial incentives adopted by municipal planning or air quality agencies, according to a study conducted by Emisstar LLC and commissioned by NGV America, which promotes vehicles powered by natural gas or hydrogen.
July 13, 2009
Widespread NGV Adoption Tied to Incentives, Study Finds
More local and state governments and businesses are adding natural gas vehicles (NGV) to their fleets, thanks to financial incentives adopted by municipal planning or air quality agencies, according to a study conducted by Emisstar LLC and commissioned by NGV America, which promotes vehicles powered by natural gas or hydrogen.
July 8, 2009
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