In a move analysts predict will help both companies realizetheir full value, Williams has begun the first steps to separateits energy division from its communications businesses. The boardof directors of the Tulsa, OK-based company voted July 23 to beginthe process, which is expected to take about 18 months.
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Dynegy Starts Up 800 MW Plant in NC
Dynegy Inc. has started full-scale operations at the RockinghamPower Plant, a simple-cycle generating facility in RockinghamCounty, NC. The 800 MW plant, developed in just 12 months, is thethird generation facility Dynegy has put on line this summer.
Dynegy Starts Up 800 MW Plant in NC
Dynegy Inc. has started full-scale operations at the RockinghamPower Plant, a simple-cycle generating facility in RockinghamCounty, NC. The 800 MW plant, developed in just 12 months, is thethird generation facility Dynegy has put on line this summer.
Williams Seeks Breakup of Energy, Communications
In a move analysts predict will help both companies realizetheir full value, Williams has begun the first steps to separateits energy division from its communications businesses. The boardof directors of the Tulsa, OK-based company voted Sunday to beginthe process, which is expected to take about 18 months.
Petrobank Gives Ranger Access Deadline
Petrobank Energy and Resources gave the board of directors ofRanger Oil an ultimatum yesterday: Give full access to Ranger’sconfidential data room under Petrobank’s terms no later than 5 p.m.(MDT) on Thursday, or Petrobank will not amend or extend its offer toacquire all of the common shares of Ranger. (see Daily GPI, June 9) This would mean Petrobank’sexisting offer would run out next Monday, at 9 a.m. Calgary time.
Sempra Energy Makes Big Push in Energy Services
It is becoming increasingly obvious that San Diego-based SempraEnergy is going to make a full-court press in its nonutilitybusiness units, seeking to get one-third of its earnings from thosebusinesses collectively in less than three years, according to itssoon-to-be CEO Steve Baum, the current president and COO. To hitthe earnings goal, Sempra’s nonutility businesses need to approach$275 million in collective profits, Baum told employees recently.
New DOE Gas Center Opens Doors
The Department of Energy (DOE) has opened a new Strategic Centerfor Natural Gas that will oversee a full range of the agency’sgas-related activities.
Sempra Energy Makes Big Push in Energy Services
It is becoming increasingly obvious that San Diego-based SempraEnergy is going to make a full-court press in its nonutilitybusiness units, seeking to get one-third of its earnings from thosebusinesses collectively in less than three years, according to itssoon-to-be CEO Steve Baum, the current president and COO. To hitthe earnings goal, Sempra’s nonutility businesses need to approach$275 million in collective profits, Baum told employees recently.
NEW DOE Gas Center Opens Doors
The Department of Energy (DOE) last week opened a new StrategicCenter for Natural Gas that will oversee a full range of theagency’s gas-related activities.
Williams Inks Power Deal with Hoosier Energy
Williams said its new 170 MW gas-fired power plant underconstruction in Worthington, IN, will support a full requirementsagreement with Bloomington-based Hoosier Energy and that Hoosierwill have an option to buy the plant at the end of the contractterm.