When El Paso Electric Co. goes to the market looking for more power, it considers everything, but increasingly the choice has been coming down to natural gas or renewables, particularly photovoltaic sources, COO Hector Puente told NGI.
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California Environmentalists Sue BLM to Prevent Fracking
Two environmental groups in California have sued the federal Bureau of Land Management (BLM) to prevent the use of hydraulic fracturing (fracking) in the Monterey Shale play in north-central parts of the state.
New York Hydrofrack Review Possible by June, Says Incoming Regulator
New York should proceed cautiously as it considers how to regulate hydraulic fracturing (hydrofracking) in shale drilling operations, but the state shouldn’t wait for federal authorities to complete a lengthy review, the incoming Department of Environmental Conservation (DEC) chief said last week.
New York Hydrofrack Review Possible by June, Says Incoming Regulator
New York should proceed cautiously as it considers how to regulate hydraulic fracturing (hydrofracking) in shale drilling operations, but the state shouldn’t wait for federal authorities to complete a lengthy review, the incoming Department of Environmental Conservation (DEC) chief said Tuesday.
Icahn Now Chesapeake’s Second Largest Shareholder
Activist shareholder Carl Icahn, famous for shaking up management teams at what he considers undervalued companies, now holds about 5.8% of Chesapeake Energy Corp., according to a filing with the Securities and Exchange Commission (SEC).
Icahn Now Chesapeake’s Second Largest Shareholder
Activist shareholder Carl Icahn, famous for shaking up management teams at what he considers undervalued companies, now holds about 5.8% of Chesapeake Energy Corp., according to a filing with the Securities and Exchange Commission (SEC).
Chesapeake Welcomes Icahn’s Input, Says Spokesman
Billionaire Carl Icahn, known for investing in what he considers underperforming companies and helping them to achieve a better value, has become Chesapeake Energy Corp.’s second-largest shareholder, according to a filing with the Securities and Exchange Commission (SEC).
AZ Rejects Second Devers-to-PV Power Line; May Mean More Gas Plants
Expressing strong dissatisfaction with what it considers California’s one-sided energy approach, the Arizona Corporation Commission (ACC) late last month unanimously voted to reject the proposed second Devers-to-Palo-Verde (DPV2) high-voltage interstate transmission line by Rosemead, CA-based Southern California Edison Co. Edison is the majority owner/operator of the existing high-voltage interstate line along the same route.
Canada Provides Guidance to Income Trust Tax Safe Harbor
Canada’s Department of Finance has given additional guidance to income trusts and other flow-through entities on what it considers permissible “normal growth” with respect to new tax measures announced on Oct. 31 (see NGI, Nov. 6).
Canada Adds Guidance to Income Trust Tax Safe Harbor
Canada’s Department of Finance last Friday gave additional guidance to income trusts and other flow-through entities on what it considers permissible “normal growth” with respect to new tax measures announced on Oct. 31 (see Daily GPI, Nov. 2).