With its natural gas and power unit showing red ink in the face of historically low wholesale gas and electricity prices, Sempra Energy is in the process of exiting the merchant power sector where it has been selling off nonrenewable assets, CEO Debra Reed said Tuesday during a quarterly earnings conference call with financial analysts.
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Acquisitions, New Products Seen Lifting Chemical Industry Growth
Chemical industry executives are going after strategic acquisitions and new product development to lift growth in the coming year in the face of “escalating input costs, stiffer competition and a struggling global economy,” according to a survey by KPMG LLP.
PHMSA Aims to Reduce Serious Pipeline Incidents by 2016
Pipeline corrosion, material failure and aging facilities are the major safety-related problems that pipelines and local distribution companies face.
EIA: Net Natural Gas Imports Hit 20-Year Low
U.S. net imports of natural gas fell 25% last year in the face of pushback from ballooning domestic supplies, thanks to the output of shale plays, the Energy Information Administration (EIA) said.
EIA: Net Natural Gas Imports Hit 20-Year Low
U.S. net imports of natural gas fell 25% last year in the face of pushback from ballooning domestic supplies, thanks to the output of shale plays, the Energy Information Administration (EIA) said.
TransCanada OK to Import U.S. Gas Said ‘Historic’ Turning Point
TransCanada Corp. has won approval to start an about-face in natural gas trade between Canada and the United States that Alberta producers have called an “historic” turning point.
Canada’s NEB Approves TransCanada Plan for Imports of U.S. Gas
TransCanada Corp. has won approval to start an about-face in natural gas trade between Canada and the United States that Alberta producers have called an “historic” turning point.
Report: States Not Prepared for Water Scarcity
A majority of states, including many deeply involved in shale development, are not preparing for the ways a changing climate might impact future water supplies, according to a new report from the National Resources Defense Council (NRDC).
Experts Agree: LNG Exports Should Be ‘Driven by Market’
In light of the natural gas supply revolution in the United States, four energy experts told a Senate energy panel Tuesday that they support the export of liquefied natural gas (LNG).
Canada 2012: Gas is Out; Oil is In
Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets this year by switching over to tight oil formations.