Expanded

Concho Resources Inc. on Tuesday expanded its natural gas and oil holdings in the Permian Basin of New Mexico after agreeing to buy privately held Marbob Energy Corp. for $1.65 billion.

California has expanded its statewide solar initiative, the million solar roofs program now in its fourth year, with a thermal-based program supported by $350 million for residential and business customer rebates. The state’s major retail natural gas and electric utilities are implementing the new part of the California Solar Initiative (CSI).

The Louisiana Department of Environmental Quality (DEQ) on Tuesday expanded its investigation to determine the extent of natural gas contamination in area water wells.

The Louisiana Department of Environmental Quality (DEQ) on Tuesday expanded its investigation to determine the extent of natural gas contamination in area water wells.

Spectra Energy Corp. is holding a pair of open seasons to assess customer requirements for expanded transportation service on its Transportation North (T-North) system and for raw gas gathering and processing service in the Fort Nelson resource area in British Columbia (BC), the Calgary-based company said Tuesday. Both open seasons close May 7.

Spectra Energy Corp. is holding a pair of open seasons to assess customer requirements for expanded transportation service on its Transportation North (T-North) system and for raw gas gathering and processing service in the Fort Nelson resource area in British Columbia (BC), the Calgary-based company said Tuesday. Both open seasons close May 7.

BP plc has expanded its North American natural gas holdings by acquiring a stake in the Eagle Ford Shale in South Texas. The news came during a BP strategy meeting last week with top management and financial analysts (see related story).

Pacific Gas & Electric expanded Wednesday’s customer-specific OFO on its California Gas Transmission system to a systemwide Stage 2 high-inventory OFO for Thursday. The tolerance for positive daily imbalances was set at 5%, with $1/Dth penalties for noncompliance.

Prices got weaker Wednesday as losses expanded into double digits across the board. The general lack of weather-based load continued to weigh on the cash market, and that was exacerbated by the 22.5-cent loss by June futures a day earlier.