Invest

AT&T to Switch Vehicle Fleet to CNG, Alternative Fuels

AT&T will invest up to $565 million in an effort to deploy more than 15,000 alternative-fuel vehicles over the next 10 years, the company said last week. The giant communications holding company said it expects to spend an estimated $350 million to purchase about 8,000 compressed natural gas (CNG) vehicles and approximately $215 million to begin replacing its passenger cars with alternative-fuel models.

March 16, 2009

AT&T to Spend Up to $565M to Switch Vehicle Fleet to CNG, Alternative Fuels

AT&T will invest up to $565 million in an effort to deploy more than 15,000 alternative-fuel vehicles over the next 10 years, the company said Wednesday. The giant communications holding company said it expects to spend an estimated $350 million to purchase about 8,000 compressed natural gas (CNG) vehicles and approximately $215 million to begin replacing its passenger cars with alternative-fuel models.

March 12, 2009

Markey Unveils Cap-and-Invest System to Tackle GHG Emissions

Rep. Edward Markey (D-MA) last Wednesday unveiled legislation that offers a cap-and-invest system to reduce heat-trapping greenhouse gas (GHG) emissions in the United States.

June 2, 2008

Con Edison to Invest $1.7B in Power Delivery System This Year

Consolidated Edison Co. of New York Inc. (Con Edison) last Wednesday said it plans to invest more than $1.7 billion this year to upgrade and reinforce its electric delivery system, while continuing to press its customers to be more energy efficient.

June 2, 2008

MarkWest Boosting Appalachia Processing Capacity

Due to increased natural gas production coming out of the Appalachian region, MarkWest Energy Partners LP. said it will invest about $60 million to expand nearly all of its gas processing plants that serve the area. The company is the largest gas processor in the northeastern United States and has operated in Appalachia since 1988.

November 26, 2007

MarkWest Boosting Appalachia Processing Capacity

Due to increased natural gas production coming out of the Appalachian region, MarkWest Energy Partners LP said it will invest about $60 million to expand nearly all of its gas processing plants that serve the area. The company is the largest gas processor in the northeastern United States and has operated in Appalachia since 1988.

November 26, 2007

Pennsylvania to Invest $2.3M to Plug Abandoned Oil, Gas Wells

Claiming that old abandoned oil and natural gas wells are a danger to the public, Pennsylvania Gov. Edward G. Rendell said the state will invest $2.3 million to plug 150 of the wells on private property in 10 counties.

September 24, 2007

Pennsylvania to Invest $2.3M to Plug Abandoned Oil, Gas Wells

Claiming that old abandoned oil and natural gas wells are a danger to the public, Pennsylvania Gov. Edward G. Rendell said the state will invest $2.3 million to plug 150 of the wells on private property in 10 counties.

September 21, 2007

Williams to Carry Gas, Oil from Perdido Hub in Deepwater GOM

Williams said Monday it will invest $480 million on the Perdido Norte Project in the deepwater Gulf of Mexico (GOM) to provide natural gas and oil gathering and processing infrastructure for units of Royal Dutch Shell plc, Chevron Corp. and BP plc.

July 31, 2007

BP Eyes San Juan Basin for CBM, to Invest $2.4B through 2020

BP plc on Tuesday announced plans to invest up to $2.4 billion through 2020 to recover an estimated 1.9 Tcf of coalbed methane (CBM) in the San Juan Basin of southwestern Colorado and northwestern New Mexico. The development program would grow BP’s current net San Juan production (425 MMcf/d net and 900 MMcf/d gross) by more than 20%, with output expected to exceed current production levels for at least 10 years.

February 5, 2007