The prospective liquefied natural gas (LNG) export business is alive and well, but it is not for the under-capitalized or inexperienced, according to three knowledgeable observers with perspectives from both coasts and the Gulf of Mexico (GOM) who NGI contacted earlier this month.
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Volatile Financial Markets Force Delay of EnCana Breakup Plan
A fear of being taken over by a better capitalized producer likely delayed EnCana Corp.’s plans to split into two independent energy companies, an energy analyst said last week. After rising above $70 billion in market capitalization last summer, the plunge in the stock market has cut its value to around $33 billion.
October 20, 2008
AEP Refutes Charges of Gouging
American Electric Power Co. Inc. (AEP) has denied charges itcapitalized on the turbulence in the Midwest electricity markets inlate June by allegedly engaging, along with other power marketersin the region, in “abusive price gouging” that contributed topower prices soaring into the thousands of dollars.
July 14, 1998
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