Expands

Chevron Energy Solutions, a performance contracting subsidiary of ChevronTexaco, announced Wednesday it has added the non-federal business portion of CMS Viron Energy Services to its growing energy engineering business, a move designed to bolster its presence in the education and state and local government markets, where CMS Viron has secured hundreds of contracts.

Benedict, KS-based Quest Resource Corp. announced that it has acquired some natural gas-producing properties, gas gathering pipelines and a fleet of trucks and well service equipment, all of which are located in the southeast Kansas portion of the geological region known as the Cherokee Basin.

Benedict, KS-based Quest Resource Corp. announced Monday afternoon that it has acquired some natural gas-producing properties, gas gathering pipelines and a fleet of trucks and well service equipment, all of which are located in the southeast Kansas portion of the geological region known as the Cherokee Basin.

Tractebel LNG North America LLC, the largest supplier of liquefied natural gas (LNG) in the United States, and Oslo, Norway-based Bergesen, one of the world’s leading shipping companies, announced last week the launch of a new 138,000 cubic meter LNG vessel that will begin making deliveries for Tractebel under an exclusive, long-term charter.

Tractebel LNG North America LLC, the largest supplier of liquefied natural gas (LNG) in the United States, and Oslo, Norway-based Bergesen, one of the world’s leading shipping companies, announced Tuesday the launch of a new 138,000 cubic meter LNG vessel that will begin making deliveries for Tractebel under an exclusive, long-term charter.

Coming off a remarkable year with solid liquidity, an in-the-black balance sheet and a growing energy trading business, Sempra Energy has begun shopping for assets. Year-end results last week boasted of a 14% earnings increase, and the company used its financial muscle to acquire Dynegy Inc.’s proposed liquefied natural gas (LNG) terminal project in Louisiana for only $20 million down.

The Federal Energy Regulatory Commission proposed a rule last week that would clear the way for interstate natural gas pipelines to quickly rebuild their facilities in the wake of “deliberate damage” caused by terrorists or others.

The Federal Energy Regulatory Commission proposed a rule Wednesday that would clear the way for interstate natural gas pipelines to quickly rebuild their facilities in the wake of “deliberate damage” caused by terrorists or others.

Contango Oil & Gas Co. announced Thursday that the borrowing base on its existing secured revolving line of credit with Guaranty Bank FSB has been increased from $21.1 million to $27.5 million. The new borrowing base reduces by $670,000 per month beginning Jan. 1, 2003. The other terms of the credit facility remain unchanged.