The heads of the two most powerful House committees overseeing derivatives markets have come together on the framework for legislation that would enhance federal regulatory authority to crack down on excessive speculation in the over-the-counter (OTC) markets.
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TransCanada Seeking Pre-Filing Status for Alaska Gasline
TransCanada Corp. Thursday filed at FERC seeking pre-filing status for its proposed Alaska Pipeline Project.
El Paso Sells Debt to Enhance Liquidity
El Paso Corp. Wednesday sold $500 million of seven-year senior notes, a move designed to enhance the company’s ability to handle $1 billion of debt maturities that expire in May.
Illinois Governor Considered Trading Obama Seat for DOE Post
Illinois Gov. Rod R. Blagojevich, who was arrested last Tuesday on federal corruption charges, sought to enhance his political stature by trading an appointment to the Senate seat formerly held by President-elect Obama for a Cabinet position, with secretary of the Department of Energy (DOE) being one of the posts mentioned.
Illinois Governor Considered Trading Obama Seat for DOE Post
Illinois Gov. Rod R. Blagojevich, who was arrested Tuesday on federal corruption charges, sought to enhance his political stature by trading an appointment to the Senate seat formerly held by President-elect Obama for a Cabinet position, with secretary of the Department of Energy (DOE) being one of the posts mentioned.
Columbia Planning Ohio Storage Expansion
Columbia Gas Transmission Corp. intends to expand its Ohio storage facilities by 6.7 Bcf of working capacity and enhance daily deliverability from its Weaver and Crawford storage fields by 100 MMcf/d under its Ohio Storage Expansion project, for which it filed with the FERC on Tuesday.
Columbia Planning Ohio Storage Expansion
Columbia Gas Transmission Corp. intends to expand its Ohio storage facilities by 6.7 Bcf of working capacity and enhance daily deliverability from its Weaver and Crawford storage fields by 100 MMcf/d under its Ohio Storage Expansion project, for which it filed with the FERC on Tuesday.
Nimble U.S. Independents Outperforming Majors in Exploration
The “Big Five” U.S. producers — ExxonMobil Corp., Royal Dutch Shell, BP plc, Chevron Corp. and ConocoPhillips — together last year spent 56% of their mighty cash flow on share repurchases and dividends, but the next 20 “second tier” U.S.-based independents were quicker on their feet, outperforming the majors in exploration and development, according to a study by the Baker Institute for Public Policy.
Nimble U.S. Independents Outperforming Majors in Exploration
The “Big Five” U.S. producers — ExxonMobil Corp., Royal Dutch Shell, BP plc, Chevron Corp. and ConocoPhillips — together last year spent 56% of their mighty cash flow on share repurchases and dividends, but the next 20 “second tier” U.S.-based independents were quicker on their feet, outperforming the majors in exploration and development, according to a study by the Baker Institute for Public Policy.
Williams Holding Open Season for Eminence Storage Expansion
A unit of Williams said Wednesday it is holding a nonbinding open season from March 21 to May 23 for a project that will enhance the existing Eminence Storage Service on its Transco pipeline. The Eminence gas storage facility is located in Covington County, MS.