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Four major energy brokers, Amerex Energy, ICAP Energy, Prebon Energy and TFS Energy, have announced the launch of EnergyCurves LLC (ECL), to provide North American power and gas forward curve indicative data services to the energy markets. Logical Information Machines (LIM) will aggregate and distribute the EnergyCurves products.

Four major energy brokers, Amerex Energy, ICAP Energy, Prebon Energy and TFS Energy, have announced the launch of EnergyCurves LLC (ECL), to provide North American power and gas forward curve indicative data services to the energy markets. Logical Information Machines (LIM) will aggregate and distribute the EnergyCurves products.

Four major energy brokers, Amerex Energy, ICAP Energy, Prebon Energy and TFS Energy, have announced the launch of EnergyCurves LLC (ECL), to provide North American power and gas forward curve indicative data services to the energy markets. Logical Information Machines (LIM) will aggregate and distribute the EnergyCurves products.

In a move that will create the largest pure-play natural gas distribution business in the United States, Dallas-based Atmos Energy Corp. announced it will buy substantially all of the operations of TXU Gas Co., a subsidiary of TXU Corp., in an all-cash transaction valued at $1.925 billion.

The Bush administration is “absolutely” committed to kick-starting a two-decade-long effort to create a global hydrogen-based economy that will use fuel cells as a major enabler, according to Energy Secretary Spencer Abraham, speaking Wednesday at the National Hydrogen Association’s 15th annual conference in Los Angeles.

Columbia Gas Transmission Corp. plans to create a new gas storage company, Hardy Storage Company LLC, to offer firm and interruptible storage services from a proposed 12.4 Bcf gas storage field in Hardy and Hampshire Counties, WV.

Columbia Gas Transmission Corp. plans to create a new gas storage company, Hardy Storage Company LLC, to offer firm and interruptible storage services from a proposed 12.4 Bcf gas storage field in Hardy and Hampshire Counties, WV.

Calgary-based junior independents Terraquest Energy Corp. and Masters Energy Inc. have agreed to merge and create a new public company that will be led by Masters’ current management team. Terraquest is a public company; Masters is a private oil and gas company formed in October 2003 by the former management team of Sunfire Energy Corp. In early December, Masters acquiring some Little Bow assets in southern Alberta for C$7 million, which are now producing 450 boe/d. On a pro forma basis, the merged company will have a production base of 950 boe/d, of which 60% is oil and 40% is natural gas. The merged company will hold approximately 85,000 net acres of undeveloped land in Alberta, with an inventory of natural gas prospects in West Central Alberta and oil and gas prospects in southern Alberta. The company, to be called Masters Energy Inc., will have no debt and working capital surplus of approximately C$2 million.

The U.S. Coast Guard said it will create a permanent safety and security zone around Dominion Resources’ Cove Point liquefied natural gas (LNG) import terminal on the eastern shore of Maryland in response to heightened terrorist warnings. The permanent zone will replace a temporary one that has been in place since Cove Point reactivated its LNG import operations last July.