Natural gas is the common denominator that will “foster allreasonable wishes” of environmental groups and still support majorand sustained economic activity for the foreseeable future,according to a University of Houston economics professor who so farhas been on target in his predictions about energy.
Growth
Articles from Growth
Green Mountain Receives $53.5 M Investment
Austin, TX-based Green Mountain Energy has received aninvestment of $53.5 million to fund its growth in marketing cleanerenergy sources in deregulated markets in the United States. Oddlyenough, the investment will come overseas from Nuon, the largestutility in the Netherlands and a leading provider of green energyin Europe.
Economist Predicts Huge Growth in Gas Market
Natural gas is the common denominator that will “foster allreasonable wishes” of environmental groups and still support majorand sustained economic activity for the foreseeable future,according to a University of Houston economics professor who so farhas been on target in his predictions about energy.
CRE Hearing Addresses Rapid Demand Growth
Mexico’s energy regulatory commission, the Comison Reguladora deEnergia (CRE), has called for a public hearing to discuss measuresfor advancing toward a “more efficient and competitive Mexicannatural gas industry.” The call for action follows an Aug. 1measure implemented by the CRE to alleviate the burden of therecent price volatility experienced by the gas industry.
Green Mountain Receives $53.5 M Investment
Austin, TX-based Green Mountain Energy has received aninvestment of $53.5 million to fund its growth in marketing cleanerenergy sources in deregulated markets in the United States. Oddlyenough, the investment will come overseas from Nuon, the largestutility in the Netherlands and a leading provider of green energyin Europe.
Powder Growth Prompts Medicine Bow Expansion
Pipeline companies are having a hard time keeping up with therapidly growing coal-bed methane production in the Powder RiverBasin. Coastal Corp.’s Wyoming Interstate Company just put itsMedicine Bow lateral into service last November and the companyalready is filing plans for a second expansion, which will addanother 675,000 Dth/d of firm capacity, bringing the total to morethan 1 Bcf/d.
Powder Growth Prompts Medicine Bow Expansion
Pipeline companies are having a hard time keeping up with therapidly growing coal-bed methane production in the Powder RiverBasin. Coastal Corp.’s Wyoming Interstate Company just put itsMedicine Bow lateral into service last November and the companyalready is filing plans for a second expansion, which will addanother 675,000 Dth/d of firm capacity, bringing the total to morethan 1 Bcf/d.
Phillips CFO Outlines Production Growth
Phillips Petroleum expects to be reporting a 52% oil and gas production increase in 2000 over last year, according to Tom Morris, Phillips CFO, who spoke last week at the Lehman Brothers CEO Energy Conference. Morris said that he expects the company will follow up with a 17% increase in 2001 production.
Phillips CFO Outlines Production Growth
Phillips Petroleum expects to be reporting a 52% oil and gas production increase in 2000 over last year, according to Tom Morris, Phillips CFO, who spoke yesterday at the Lehman Brothers CEO Energy Conference. Morris said that he expects the company will follow up with a 17% increase in 2001 production.
Breathitt: Market Center Growth Stunted by Pipe Rates
FERC Commissioner Linda Breathitt last week called on theCommission to initiate a generic review of whether the ratestructures of most interstate gas pipelines, especially TennesseePipeline, are inhibiting the development of market centers.