Embarking

Portland, ME-based Unitil Corp. is embarking on a 14-year project to replace more than 100 miles of pipeline throughout Portland and Westbrook, ME. Some of the cast iron pipes to be replaced with plastic pipe are more than 100 years old.

Following an announcement earlier this month that it is embarking on a companywide restructuring, industry giant BP plc last week released disappointing third quarter results — a 29% decline in net income — that were largely influenced by refinery problems, lower refining margins and weak marketing and trading results.

Following an announcement earlier this month that it is embarking on a companywide restructuring, industry giant BP plc Tuesday released disappointing third quarter results — a 29% decline in net income — that were largely influenced by refinery problems, lower refining margins and weak marketing and trading results.

While Canadian natural-gas producers scramble to increasesupplies, federal and provincial regulators are embarking onefforts to clear long-standing hurdles from the industry’s path. Arecord 600 drilling rigs – 96% of the nation’s 627-unit fleet -were at work as of mid-January. Although oil hunts are reviving,industry analysts estimated two-thirds or more of the activity isdirected at gas.