Consolidated

SandRidge’s Next Hurdle: Shareholder Lawsuits

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.

April 1, 2013

Hess: Shale Assets Not for Sale

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.

February 4, 2013

Con Ed: Gas Conversions to Grow 3.5% through 2017

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.

May 21, 2012

Con Ed Projecting Gas Conversions to Grow 3.5% through 2017

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.

May 17, 2012

New York Utilities Form Public Policy Coalition

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.

January 12, 2012

Haynesville Water Pipeline Enters Service

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.

December 15, 2011

Thousands Still Without Gas Service in Upper Manhattan

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.

August 19, 2011

Feds Win Right to Intervene in New York Drilling Lawsuit

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.

August 12, 2011

Shale Patch Water Handler Bolts on More Pipe

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.

June 24, 2011

Williams Pays $925M to Acquire Bakken Shale Leasehold

As it shifts its portfolio toward more oily prospects, natural gas producer Williams Cos. said Monday it will pay $925 million to acquire 85,800 net acres in the Bakken Shale.

November 16, 2010
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