Competition

With production from some of the more mature domestic natural gas basins declining, competition likely will intensify for gathering and processing (G&P) services to transport shale gas, according to industry players.

With production from some of the more mature domestic natural gas basins declining, competition likely will intensify for gathering and processing (G&P) services to transport shale gas, according to industry players.

BG Group plc has fired another warning shot at its North American competition after exercising an option to acquire a bigger stake in a prospective natural gas development offshore Trinidad. BG’s offer preempts a $142.5 million cash offer by Centrica plc.

BG Group plc Thursday fired another warning shot at its North American competition after exercising an option to acquire a bigger stake in a prospective natural gas development offshore Trinidad. BG’s offer preempts a $142.5 million cash offer by Centrica plc.

The competition to acquire Constellation Energy Group officially ended last Wednesday after global power producing giant Electricite de France (EDF) said it will not revise its current offer, but that it will continue its objective of developing new nuclear plants in the United States. Also last week, Constellation and MidAmerican Energy Holdings filed their merger plan with FERC and MidAmerican made a pitch to the Maryland Public Service Commission about the benefits of a union.

The competition to acquire Constellation Energy Group officially ended Wednesday after global power producing giant Electricite de France (EDF) said it will not revise its current offer, but that it will continue its objective of developing new nuclear plants in the United States.

Building on FERC’s recent actions to improve competition in the secondary market for pipeline capacity, the executive committee of the North American Energy Standards Board’s (NAESB) Wholesale Gas Quadrant voted out a protocol Wednesday for using the differentials between natural gas commodity price index points to price short-term released capacity.

Building on FERC’s recent actions to improve competition in the secondary market for pipeline capacity, the executive committee of the North American Energy Standards Board’s (NAESB) Wholesale Gas Quadrant voted out a protocol Wednesday for using the differentials between natural gas commodity price index points to price short-term released capacity.

NRG Energy, which launched an $11 billion bid to take over Calpine Corp., could face some competition from unlikely sources, including possible back-door suitors Dynegy Corp. and Reliant Energy, energy analysts said.