ChevronTexaco Corp. on Wednesday announced the creation of ChevronTexaco Global Gas (CTGG), a new subsidiary that is expected to play a key role in ChevronTexaco’s strategic plans to commercialize its existing natural gas resource base and enable the creation and development of new natural gas growth opportunities worldwide.
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Prices Up Mildly as New Depression Forms in Gulf
Prices ranged from flat to about a dime higher in nearly all cases Thursday. Most gains were generally small at around a nickel or less. Only San Juan Basin and Iroquois Zone 2 recorded marginal losses of 2-3 cents.
AGL Resources Forms Unregulated Division Including Sequent
AGL Resources (AGLR) said that it has formed a new business division to lead its non-regulated subsidiaries. Called Sequent Diversified Business Group, the new unit will include the activities of Sequent Energy Management, AGL Networks and AGLR’s participation in SouthStar Energy Services LLC, the joint venture offering retail service under the Georgia Natural Gas brand.
NAESB Forms Two More Segments; Only Wholesale Electric Remains
Less than three months after the group was formed, the North American Energy Standards Board (NAESB) said Friday that its retail electric and retail gas quadrants have been approved following votes by the NAESB board of directors on Thursday. The two quadrants join the wholesale gas quadrant, which was created Jan. 1. NAESB, as the successor to the Gas Industry Standards Board (GISB), will develop standardized business practices for the retail and wholesale natural gas and electricity markets.
Southern Union Forms New England Co., Divests Florida Operations
Taking another step in its previously announced cash flow improvement plan, Austin, TX-based Southern Union Co. announced that it has sold all of the assets of its Atlantic Utilities division to Florida Public Utilities Co. in an all-cash transaction.
Southern Union Forms New England Co., Divests Florida Operations
Taking another step in its previously announced cash flow improvement plan, Austin, TX-based Southern Union Co. said Monday that it has sold all of the assets of its Atlantic Utilities division to Florida Public Utilities Co. in an all-cash transaction.
Energy Firms Donate Office Space, Flashlights and $Millions
The aid from energy companies came in all shapes and forms: from the millions of dollars donated by major oil companies to office space, oil-filled tanker trucks, respirators, boots, gloves, flashlights and cell phones, in response to the national emergency created by the massive terrorist attacks on the United States last Tuesday.
Energy Firms Donate Office Space, Flashlights and $Millions
The aid from energy companies came in all shapes and forms: from the millions of dollars donated by major oil companies to office space, oil-filled tanker trucks, respirators, boots, gloves, flashlights and cell phones, in response to the national emergency created by the massive terrorist attacks on the United States last Tuesday.
SCANA Forms Interstate Gas Unit, Announces Open Season
Columbia, SC-based SCANA Corp. has formed subsidiary SCG Pipeline Inc., which will concentrate on transporting natural gas in Georgia and South Carolina, transporting gas from interconnections with Southern Natural Gas and Southern LNG’s Elba Island liquefied natural gas (LNG) import terminal near Savannah, GA. SCG Pipeline also is now evaluating potential pipeline routes for an end point in Jasper County, SC, which is expected to begin commercial operations in November 2003.
SCANA Forms Interstate Pipe Unit, Announces Open Season
Columbia, SC-based SCANA Corp. has formed subsidiary SCG Pipeline Inc., which will concentrate on transporting natural gas in Georgia and South Carolina, delivering gas from interconnections with Southern Natural Gas and Southern LNG’s Elba Island liquefied natural gas (LNG) import terminal near Savannah, GA. SCG Pipeline also is now evaluating potential pipeline routes for an end point in Jasper County, SC, which is expected to begin commercial operations in November 2003.