The story, “No Plans to Slow North American Gas Development, Says ExxonMobil Exec,” (see Daily GPI, Sept. 10), misquoted Senior Vice President Mark W. Albers, who was a keynote speaker at the Barclays Capital 2009 CEO Energy/Power Conference in New York City. Albers did not say “North American unconventional gas production will remain steady.” Rather, Albers said, “North American natural gas production will remain steady, with conventional production decline offset by increases in tight gas and shale gas.” NGI regrets the error.
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Ex-Dynegy Tax Exec Sentenced to 24 Years
Jamie Olis, 38, a former tax executive for Dynegy Inc., was sentenced Thursday to 24 years in prison for his role in disguising the company’s finances within a transaction dubbed “Project Alpha,” which hid $300 million in debt.
Proposed Long Beach LNG Plans on Track, Mitsubishi Exec Says
Even with continued public scrutiny and competition from other projects, the 700 MMcf/d Long Beach LNG receiving terminal, proposed by Mitsubishi Corp. subsidiary Sound Energy Solutions (SES) and ConocoPhillips, is still on track for a joint federal-state draft environmental assessment by spring and a final assessment in September, SES’s COO Tom Giles told NGI late Tuesday.
Proposed Long Beach LNG Plans on Track, Mitsubishi Exec Says
Even with continued public scrutiny and competition from other projects, the 700 MMcf/d Long Beach LNG receiving terminal, proposed by Mitsubishi Corp. subsidiary Sound Energy Solutions (SES) and ConocoPhillips, is still on track for a joint federal-state draft environmental assessment by spring and a final assessment in September, SES’s COO Tom Giles told NGI late Tuesday.
Reliant Exec Forecasts Major Industry Restructuring, Praises CA Trends
The power industry will undergo a “very significant” restructuring “that will yield enormous growth opportunities for us as a company,” Mark Jacobs, CFO at Reliant Energy, told an audience of financial professionals last Tuesday at the Banc of America Energy and Power Conference. “I think those growth opportunities may come more quickly than we’re all expecting,” Jacobs said.
Producers Must Pull Weight on Natural Gas Issues, AGA Exec Says
Calling it a two way street, American Gas Association CEO David Parker said natural gas producers should support customer issues such as low-income energy assistance and pipeline safety just as the nation’s natural gas utilities have lent their voice in Congress and elsewhere in support of greater natural gas production to meet growing customer demand.
Producers Must Pull Weight on Natural Gas Issues, AGA Exec Says
Calling it a two way street, American Gas Association CEO David Parker said natural gas producers should support customer issues such as low-income energy assistance and pipeline safety just as the nation’s natural gas utilities have lent their voice in Congress and elsewhere in support of greater natural gas production to meet growing customer demand.
Producers Must Pull Weight on Natural Gas Issues, AGA Exec Says
Calling it a two way street, American Gas Association CEO David Parker said natural gas producers should support customer issues such as low-income energy assistance and pipeline safety just as the nation’s natural gas utilities have lent their voice in Congress and elsewhere in support of greater natural gas production to meet growing customer demand.
LNG Is Catalyst for Significant New Gas Infrastructure, Sempra Exec Says
Short of an abrupt and unforeseen big drop in wholesale natural gas prices, liquefied natural gas (LNG) imports promise to be a huge stimulus to investment in new natural gas infrastructure, according to the strategy outlined by Sempra Energy COO Donald Felsinger, who spoke Tuesday at the Merrill Lynch “Power & Natural Gas Leaders Conference” in New York City.
LNG Is Catalyst for Significant New Gas Infrastructure, Sempra Exec Says
Short of an abrupt and unforeseen big drop in wholesale natural gas prices, liquefied natural gas (LNG) imports promise to be a huge stimulus to investment in new natural gas infrastructure, according to the strategy outlined by Sempra Energy COO Donald Felsinger, who spoke Tuesday at the Merrill Lynch “Power & Natural Gas Leaders Conference” in New York City.