Century

Power generation has been the engine of natural gas demand growth since before the turn of the century. Now that gas price and supply worries have sparked talk of new-build coal-fired generation, some gas fans may fret that the industry’s heyday is coming to an end.

Power generation has been the engine of natural gas demand growth since before the turn of the century. Now that gas price and supply worries have sparked talk of new-build coal-fired generation, some gas fans may fret that the industry’s heyday is coming to an end.

The Appalachian and Illinois basins may have produced five billion bbl of oil and 50 Tcf of natural gas over the last century and a half of operation, but according to a new report by the Department of Energy’s (DOE) Office of Fossil Energy, these under-explored areas still have plenty of gas and oil left.

The earliest-ever formation of a fifth named storm in an Atlantic hurricane season in more than a century of record keeping, abetted by gradual increases in heat levels in some areas, was responsible for large price gains at all points Tuesday.

After half a century as the mainstay of natural gas transportation across Canada, TransCanada PipeLines Ltd. is charting a new course — out to sea, where it aims to launch an armada to serve offshore production projects.

After half a century as the mainstay of natural gas transportation across Canada, TransCanada PipeLines Ltd. is charting a new course — out to sea, where it aims to launch an armada to serve offshore production projects.

After operating more than half a century as an integratedbusiness, Southwestern Energy Co. has poised itself to become apure exploration and production company, a strategic move that willfocus the company’s assets on its drilling program in the Arkomaand Permian Basins and onshore Gulf Coast.

New Century Energies Inc. (NCE) of Denver and Minneapolis-basedNorthern States Power (NSP), two mid-sized combination utilities,got the go-ahead from FERC last week for their marriage that willcover a wide swath of the natural gas and electricity markets inthe Midwest and Southwest. The $4.8 billion merger will create the8th largest utility in the nation, serving more than 4.5 millionnatural gas and power customers in 12 states from Canada to Mexico.

New Century Energies Inc. (NCE) of Denver and Minneapolis-basedNorthern States Power Co. (NSP), two mid-sized combinationutilities, got the go-ahead from FERC yesterday for their marriagethat will cover a wide swath of the natural gas and electricitymarkets in the Midwest and Southwest. The $4.8 billion merger willcreate the 8th largest utility in the nation, serving more than 4.5million natural gas and power customers in 12 states from Canada toMexico.