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ExxonMobil Sees Gas in Cost, Technology Race

Supplying the growing demand for natural gas in the future willbe a foot race between the costs of producing it and the constantlychanging technology to market it. Marketers also have to leap twoimportant hurdles — regulations and taxes — before crossing thefinish line. Still, it’s a race with a lot of winners, says StuartMcGill.

November 20, 2000

ExxonMobil Sees Gas in Cost, Technology Race

Supplying the growing demand for natural gas in the future willbe a foot race between the costs of producing it and the constantlychanging technology to market it. Marketers also have to leap twoimportant hurdles — regulations and taxes — before crossing thefinish line. Still, it’s a race with a lot of winners, says StuartMcGill.

November 15, 2000

Florida Court Shoots Down Merchant Plant Appeal

Merchant power plant developers attempting to get a foot in thedoor in Florida were thrown out again by the state Supreme Court.The court rejected Duke Energy’s motion for rehearing of a decisionhanded down this spring that said the state’s public servicecommission had no authority to approve a 514 MW merchant plant Dukeplanned to build in New Smyrna Beach.

October 9, 2000

Florida Court Shoots Down Merchant Plant Appeal

Merchant power plant developers attempting to get a foot in thedoor in Florida were thrown out again by the state Supreme Court.The court rejected Duke Energy’s motion for rehearing of a decisionhanded down this spring that said the state’s public servicecommission had no authority to approve a 514 MW merchant plant Dukeplanned to build in New Smyrna Beach.

October 6, 2000

Aspect Opts to Flare Gas at Texas Well Blow Out

Aspect Resources LLC of Denver, CO abandoned its plans to cap a10,000-foot blown-out natural gas well in Anahuac, TX, yesterday,opting instead to install a flare to burn off the escaping gas.Crews had tried unsuccessfully through the day Wednesday and intothe early morning yesterday to cap the well, which has spewednatural gas since a blowout during drilling last Saturday.

August 25, 2000

Anadarko to Build New HQ

Anadarko Petroleum Corp., an independent oil and gas company,announced Wednesday it has purchased 7.5 acres in a Houston suburbin order to build a 32-story, 800,000 square foot headquartersbuilding. The company said it needs to move to accommodate itsgrowth needs. Groundbreaking is expected early next year. Anadarkoplans to move in mid-2002.

February 11, 1999

Cold Has Price Increases Speeding Up Again

After tapping on the brakes a few times Wednesday, theresurgence in November prices had its foot back on the acceleratorThursday. While not quite pedal-to-the-metal as in Tuesday’s gainsthat often hit 30 cents or more, double-digit increases againdominated the cash market.

November 6, 1998

EES Makes Another Real Estate Alliance

Insignia/ESG, Inc. formed an alliance with Enron Energy Services(EES) to provide energy services for a 215 million-square-footportfolio of commercial and residential properties leased andmanaged by Insignia/ESG throughout the United States. Enron willanalyze energy consumption and cut costs through efficiencyenhancements. “This program will allow us to take advantage ofmarket opportunities that have arisen from deregulation of theenergy industry,” said Stephen B. Siegel, CEO of Insignia/ESG.

May 28, 1998
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