Helped

Three workers were burned when a fire broke out at a Chesapeake Energy Corp. drilling site in Washington County, PA, on Wednesday night.

Petrohawk Energy Corp. announced Tuesday that test wells using a new flow-channel fracturing technique called HiWAY — created by Houston-based Schlumberger Ltd. — yielded increased production and it plans to expand use of the technology.

The growth of natural gas liquids (NGL) production from North American shale plays helped Enterprise Products Partners LP (EPD) set a net income record in 2010, according to COO Jim Teague.

The growth of natural gas liquids (NGL) production from North American shale plays helped Enterprise Products Partners LP (EPD) set a net income record in 2010, according to COO Jim Teague.

Halliburton Co.’s complex drilling technology, considered key in tapping into shale gas and oil basins, helped the oilfield services company to more than double earnings in the final quarter of 2010 from a year earlier, CEO Dave Lesar said Monday.

San Diego Gas and Electric Co. CEO Jessie Knight has been named the cochair of the Southern California Leadership Council, a regional economic development organization he helped found six years ago. Knight and former California Gov. Gray Davis co-chair the group, which seeks to provide a “platform” for business and community leaders to speak “as one voice” on public policy issues such as job creation.

Despite the current freeze gripping much of the eastern half of the United States, recent near-term forecasts of moderating temperatures helped ease natural gas futures values lower on Tuesday as the January contract reached a low of $4.250 before closing the regular session at $4.255, down 16.5 cents from Monday’s regular session close.

The recently announced sales of its assets in a joint venture (JV) trading operation helped Sempra Energy to achieve one of its key goals for 2010 — exiting the commodities trading business — and the jettisoning of the money-losing segment, along with $1.8-1.9 billion in proceeds that the San Diego-based company expects from the sale, foreshadow brighter days ahead, according to CEO Donald Felsinger.

The recently announced sales of its assets in a joint venture (JV) trading operation helped Sempra Energy to achieve one of its key goals for 2010 — exiting the commodities trading business — and the jettisoning of the money-losing segment, along with $1.8-1.9 billion in proceeds that the San Diego-based company expects from the sale, foreshadow brighter days ahead, according to CEO Donald Felsinger.