AES NewEnergy has been selected by Lockheed Martin Corp. as Lockheed’s supplier for its Middle River facility located in Baltimore. The 10-month contract to serve the facility’s full electricity requirements will start next month and AES NewEnergy is also working with Lockheed to reduce its energy costs while enhancing the PJM Interconnection’s reliability under AES NewEnergy’s voluntary ISO profit program. “Lockheed Martin is a nationally recognized leader in their industry, and we look forward to partnering with them to control their energy costs,” said Edward Toppi, vice-president of AES NewEnergy, which is a subsidiary of AES Corp.
Contract
Articles from Contract
FGT Signs Contract for Unrevealed Phase VI Expansion
Florida Gas Transmission Co. (FGT) reported that it has entered into a long-term firm transportation agreement with the Orlando Utilities Commission (OUC) to deliver gas to the Curtis H. Stanton Energy Center located in Orange County near Orlando, FL from its latest 2003 mainline expansion project (tentatively referred to as Phase VI), to be revealed during the third quarter 2001.
June 4, 2001
FGT Signs Contract for Unrevealed Phase VI Expansion
Florida Gas Transmission Co. (FGT) reported on Wednesday that it has entered into a long-term firm transportation agreement with the Orlando Utilities Commission (OUC) to deliver gas to the Curtis H. Stanton Energy Center located in Orange County near Orlando, FL from its latest 2003 mainline expansion project (tentatively referred to as Phase VI), to be revealed during the third quarter 2001.
May 31, 2001
General Post-Holiday Firmness Is Strongest in West
Essentially ignoring an expiration-day dive by the June futures contract, eastern points (except for moderately weaker Midwest citygates, Appalachian pipes and Trunkline in Louisiana) tended to range from barely lower to as much as about a nickel higher in late-May swing trading Tuesday. Most increases, though, were little above flat.
May 30, 2001
BJ, Precision Get Burgos Basin Deal
BJ Services and Precision Drilling were awarded a major fielddevelopment contract by Petroleos Mexicanos (Pemex). The projectentails the drilling and completing of 240 gas wells in the BurgosBasin, which covers more than 21,000 square miles and is located inthe northeastern part of Mexico near Camargo.
March 19, 2001
BJ, Precision Get Burgos Basin Deal
BJ Services and Precision Drilling were awarded a major fielddevelopment contract by Petroleos Mexicanos (Pemex). The projectentails the drilling and completing of 240 gas wells in the BurgosBasin, which covers more than 21,000 square miles and is located inthe northeastern part of Mexico near Camargo.
March 14, 2001
Planalytics’ Tool Helps Manage Gas Costs
Dow Hydrocarbons and Resources Inc. has renewed its contract touse Planalytic’s Weathernomics Gas Buyer to help manage natural gascosts. The Web-based tool is used for financial risk management tobuy and sell natural gas, suggesting specific buying actions toreduce risk presented by the weather in gas prices for up to oneyear into the future.
February 7, 2001
Bears Firmly in Control of Swing, Bidweek Markets
An expiration-day nosedive by the February futures contract,chilly but unremarkable weather for this time of year (despitesnowfall and icing in some northern market areas), and the prospectof more small storage withdrawal reports in coming weeks kept bearsin command of the cash market Monday.
January 30, 2001
Cold Weather, Storage Uncertainty Spark New Futures Highs
Buoyed by falling temperatures and spiking cash prices, theprompt natural gas futures contract did what has become almostsecond nature for the commodity this year as it rumbled to a newall-time high Tuesday. In fact, after a strong opening, the onlyquestion to be answered was which month (December or January) wouldset a new high watermark.
November 22, 2000
Industry Briefs
Bangor Gas said it has started deliveries to Bucksport EnergyLLC located at International Paper’s paper mill in Bucksport, ME.Under a 15-year contract with Hydro Quebec Energy Services, BangorGas will deliver 48 MMcf/d of gas to the new 174 MW cogen, whichwill produce power and steam for the mill. The plant is a jointventure between International Paper and Hydro Quebec. With the mainlateral to serve the plant now in place, Bangor Gas said it willfocus on developing a distribution system to serve residential andcommercial customers in Bucksport
November 8, 2000
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