The second version of the U.S. Department of Interior’s (DOE) proposed rule to regulate hydraulic fracturing (fracking) on public lands isn’t as bad as the first, but with a projected cost per well of $96,913, it still leaves much to be desired, industry groups said.
Articles from Conceived
PPM Energy Looks to Grow Wind, Gas Storage Businesses
Although conceived on a relative shoestring as a small thermal power plant operator in the Pacific Northwest five years ago, ScottishPower’s U.S. operations with PPM Energy expect to continue rapid annual growth in its niche positions in wind energy and natural gas storage, company officials told an analysts forum in London.
El Paso to Remove Off-Balance Sheet Debt, Sell Gulf, Midcontinent, Rockies Assets
As part of a massive overhaul of El Paso Corp., conceived by the management team after the stock fell amid rumors of dubious debt transactions (a la Enron Corp.), the company made two major announcements last week: it simplified its balance sheet to remove any off-balance sheet debt, and it announced it will divest itself of $2.25 billion in assets by the second quarter in the Gulf of Mexico, Midcontinent and the Rocky Mountains to enhance its liquidity.
eNymex Died, But Its Soul Lives on in Access
eNymex, as originally conceived is dead, but the idea of providing over-the-counter (OTC) energy products lives on through Nymex Access, a spokeswoman for the New York Mercantile Exchange said Monday in an interview with NGI.