Heavy

Outgoing Chairman Pat Wood essentially passed the baton, sizzling hot from heavy use, to his successor-in-waiting, Commissioner Joseph T. Kelliher, at the close of the Federal Energy Regulatory Commission’s open meeting Thursday.

Tulsa, OK-based Matrix Service Co. said last Thursday that it and a subsidiary of Mitsubishi Heavy Industries Ltd. have entered into an agreement with Bechtel Corp. to carry out the engineering and construction of three liquefied natural gas (LNG) storage tanks for Cheniere Energy Inc’s LNG terminal that is under construction in Cameron Parish, LA.

Tulsa, OK-based Matrix Service Co. said Thursday that it and a subsidiary of Mitsubishi Heavy Industries Ltd. have entered into an agreement with Bechtel Corp. to carry out the engineering and construction of three liquefied natural gas (LNG) storage tanks for Cheniere Energy Inc’s LNG terminal that is under construction in Cameron Parish, LA.

In another light business meeting agenda that was still heavy with discussion about future policies, the California Public Utilities Commission (CPUC) Thursday okayed more than $600 million collectively for the state’s four major investor-owned utilities to support two ongoing low-income customer programs, while it held back on two other issues that impact consumer advocates and the state’s largest industrial customers.

In another light business meeting agenda that was still heavy with discussion about future policies, the California Public Utilities Commission (CPUC) Thursday okayed more than $600 million collectively for the state’s four major investor-owned utilities to support two ongoing low-income customer programs, while it held back on two other issues that impact consumer advocates and the state’s largest industrial customers.

Encouraged by early drilling success from its new coalbed methane (CBM) fields in the Raton Basin, Pioneer Natural Resource Co. expects to increase its natural gas-heavy production by as much as 6% this year, the CEO said Tuesday.

Cash-heavy energy producers have to begin making some capital investments soon if they expect liquefied natural gas (LNG) and Arctic gas to make up the projected natural gas shortfall in North America, said a senior analyst at BP North America Gas & Power last week.

Cash-heavy energy producers have to begin making some capital investments soon if they expect liquefied natural gas (LNG) and Arctic gas to make up the projected natural gas shortfall in North America, said a senior analyst at BP North America Gas & Power this week.

Slashing the heavy debt that helped finance its major Montana utility additions and at the same time helped drive it into Chapter 11 protection, South Dakota-based NorthWestern Corp. emerged from bankruptcy last Monday, leaving remaining shareholders with worthless stock that was wiped out when a new board took over and 35.5 million shares of new stock were issued, most going to creditors.