FirstEnergy Corp. added 30,000 industrial, commercial andresidential customers in the Midwest through an acquisition of theretail natural gas business of Volunteer Energy LLC, a subsidiaryof Williams. The acquisition was filed with the Federal TradeCommission and the Department of Justice and the parties expect toclose later this month. Terms of the deal were not disclosed.
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Cabot LNG to be Separated From Cabot Corp.
Cabot LNG, the energy division of the Boston-based industrial chemical manufacturer Cabot Corp., will be separated from the parent company with the issuance of a targeted stock as part of slimming and trimming “value enhancement” initiatives announced recently.
August 23, 1999
Cabot LNG to be Separated from Cabot Corp.
Cabot LNG, the energy division of the Boston-based industrialchemical manufacturer Cabot Corp., will be separated from theparent company with the issuance of a targeted stock as part ofslimming and trimming “value enhancement”initiatives announcedrecently.
August 17, 1999
Midcoast Gobbles Up a Gulf Coast Distributor
In an attempt to expand its Gulf Coast influence, MidcoastEnergy Resources Inc. purchased Southern Industrial Gas Corp.(SIGCO), a Gulf Coast distributor, Tuesday. Terms of thetransaction were not disclosed.
June 30, 1999
AEC, Mounties Sting Canadian Eco-Terrorists
One of the most prolific natural gas regions of Canada hasbecome a combat zone for alleged industrial terrorists andaggressive federal police – and the country’s sixth-largestproducer is in the thick of the fray.
February 15, 1999
Industrials Riled by GISB’s Fees for Standards Info
Industrial gas users want to “comment” on the revised and newGas Industry Standards Board’s (GISB) standards that FERC proposedfor adoption in December, but there’s only one problem – they don’tknow what they are. The Commission apparently doesn’t have a copyof the proposed changes on file, they said, and to get them fromthe standards-setting organization could cost up to $3,500.
January 27, 1999
Tengasco Begins East TN Service
Gas has started flowing to industrial, residential and municipalcustomers on Tengasco Inc.’s East Tennessee pipeline system. TheEast Tennessee communities of Sneedville and Rogersville beganreceiving service one day after the State of Tennessee RegulatoryAuthority issued a permit allowing Tengasco to open the valves ofits 28-mile line. The line, which gathers Appalachian productionand carries it directly to endusers, currently is supplying about10 MMcf/d, but at maximum capacity can provide 48 MMcf/d.
July 9, 1998
Producers, Industrials: Columbia Proposal ‘Premature’
Natural gas producers and industrial customers insist theyaren’t the least bit interested in the Columbia pipelineaffiliates’ proposals to negotiate terms and conditions of service,saying pipelines have the potential now to offer them and othercustomers innovative services on a tariffed basis. Utilities, onthe other hand, were mixed in their reaction.
July 1, 1998
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