Giants

Bigger Role for Gas-Fired Generation, Wyoming Officials Told

A panel of marketing representatives for several industrial giants was convened in mid-May by the Wyoming Infrastructure Authority (WIA) to look at how quick-start natural gas-fired generation can mitigate the increased variability on the electric grid due to increased wind and solar-based power supplies.

May 22, 2013

Huge Kitimat Export Facility Proposed

Shell Canada Ltd. and three Asian energy giants are drawing up plans to develop a 12 million ton/year liquefied natural gas (LNG) export facility near Kitimat, British Columbia — the largest facility proposed in the west coast province to date.

May 21, 2012

Shell, Partners Unveil Biggest Kitimat Export Facility to Date

Shell Canada Ltd. and three Asian energy giants are drawing up plans to develop a 12 million ton/year liquefied natural gas (LNG) export facility near Kitimat, British Columbia — the largest facility proposed in the west coast province to date.

May 16, 2012

E&P Majors Position to Meet Future Energy Demand

In separate presentations to analysts in New York this week, the heads of energy giants, Exxon Mobil Corp. and Chevron Corp. mapped out their companies’ respective plans for future growth in the ever-evolving energy industry.

March 9, 2006

Back Office Outsourcing Firms Refocus on Energy Industry

With IBM and other business processing giants weighing in, the energy industry, including the utility sector, increasingly is doing what other industries have been pushing for more than a decade — outsourcing generic business back-office functions with the goal of lowering payrolls and becoming more efficient as companies seek to survive in an ever-tougher business climate.

July 23, 2004

S&P Believes Severe Liquidity Crunch May be Easing for Energy Players

It’s been a long time coming, but former merchant energy giants like Aquila Inc., CMS Energy Corp., Reliant Resources Inc., Dynegy Inc. and Xcel Energy appear to be stabilizing as they improve their liquidity and pay down debt, according to two reports by Standard & Poor’s Ratings Services (S&P).

April 14, 2003

S&P Believes Severe Liquidity Crunch May be Easing for Energy Players

It’s been a long time coming, but former merchant energy giants like Aquila Inc., CMS Energy Corp., Reliant Resources Inc., Dynegy Inc. and Xcel Energy appear to be stabilizing as they improve their liquidity and pay down debt, according to two reports by Standard & Poor’s Ratings Services (S&P).

April 11, 2003

ICE Countersues Nymex for Abuse of Monopoly Power

The court battle between the energy industry’s two trading exchange giants, IntercontinentalExchange (ICE) and the New York Mercantile Exchange (Nymex), reached the boiling point last week with ICE, the energy industry’s largest over-the-counter (OTC) trading platform operator, filing an answer and a counterclaim to a Nymex lawsuit in November.

January 13, 2003

Refining Giants Valero, UDS to Combine in $6B Transaction

In a merger that would create the second largest refiner of petroleum products in the United States behind ExxonMobil Corp., San Antonio-based Valero Energy Corp. and Ultramar Diamond Shamrock Corp. (UDS) announced last week that they have entered into an agreement in which Valero will acquire UDS in a transaction valued at $6 billion.

May 14, 2001

Refining Giants Valero, UDS to Combine in $6B Deal

In a merger that would create the second largest refiner of petroleum products in the United States behind ExxonMobil Corp., San Antonio-based Valero Energy Corp. and Ultramar Diamond Shamrock Corp. (UDS) announced on Monday that they have entered into an agreement in which Valero will acquire UDS in a transaction valued at $6 billion.

May 8, 2001
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