Consolidated

SandRidge Energy Inc. was able to come to terms with a hedge fund that sought to revamp the company’s leadership, but some shareholders apparently think the changes don’t go far enough.

Hess Corp. won’t sell its unconventional assets in the Bakken, Eagle Ford and Utica shale plays, but it is looking at proposals from a hedge fund that wants a larger stake in the company, Hess officials said during a 4Q2012 earnings call on Wednesday.

Consolidated Edison Co. (Con Ed) of New York is projecting natural gas demand from utility conversions will grow 3.5% through 2017, requiring substantial new pipeline capacity to be up and running, according to the director of the utility’s gas supply.

Consolidated Edison Co. (Con Ed) of New York is projecting natural gas demand from utility conversions will grow 3.5% through 2017, requiring substantial new pipeline capacity to be up and running, according to the director of the utility’s gas supply.

Six investor-owned natural gas and electric utilities in New York — Central Hudson Gas & Electric Corp., Consolidated Edison Inc., National Fuel Gas Distribution Corp., National Grid, New York State Electric & Gas Corp. and Rochester Gas and Electric Corp. — have formed Energy Coalition New York “to provide public policy leadership on energy issues” in the state, a coalition spokesman said Wednesday.

Heckmann Corp. has begun transporting fresh water to hydraulic fracturing (fracking) customers in the Haynesville Shale through a partially completed pipeline. When the system is completed, it will be the largest fresh water pipeline in the Haynesville area, the company said.

Hundreds of workers with Consolidated Edison Co. of New York Inc. (Con Ed) and other companies are reportedly working around the clock to restore natural gas service to approximately 4,300 customers in New York City’s Upper Manhattan.

Federal officials have won permission from a district judge to intervene in a New York lawsuit that would compel a full environmental review of the impact of natural gas drilling in the Delaware River Basin before proposed regulations for Marcellus Shale development are completed.

Water handling solutions provider Heckmann Corp. has bought pumping and delivery services company Consolidated Petroleum Inc. (CPI), which serves customers conducting hydraulic fracturing (fracking) in the Haynesville and Eagle Ford shales. Heckmann said the acquisition boosts its ability to provide fresh water for fracking.