A decision by Encana Corp. to pull out of an investor conference this week ramped up rumors that the natural gas giant may be close to a joint venture agreement with China National Petroleum Corp. (CNPC) to develop its vast British Columbia (BC) shale holdings.
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Aquila’s Marketing and Trading Faces September Extinction
Closing down what was once the crown jewel and future of the company, Aquila Inc. said Tuesday that it is officially exiting the wholesale energy marketing and trading business operated by its Aquila Merchant Services subsidiary by the end of the third quarter. The company targeted “late September” for a complete exit from the segment.
October 2, 2002