Dynegy Inc. and Energy Capital Partners, through a newly formed joint venture, will buy ENGIE’s fossil portfolio, including 8,731 MW of generation capacity in the ERCOT, PJM and ISO-New England footprints, for $3.3 billion, a deal that would increase Dynegy’s natural gas and combined cycle fleet, the companies said Thursday.
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Articles from Joint
Not ‘Business as Usual,’ But Enterprise Reports Profitable 4Q
Enterprise Products Partners LP was able to hold its own during a fourth quarter that was anything but business as usual with regard to commodity prices.
Repsol, Statoil Reconfigure Eagle Ford Partnership
Repsol is divesting a portion of its stake in the Eagle Ford Shale in an asset swap with Norway’s Statoil in which the former will acquire a 15% stake in a Norwegian field.
Pacific Northwest Oil Rail Terminal Plan Approved
The Port of Vancouver, WA, Board of Commissioners on Tuesday approved a 10-year lease with a joint venture (JV) involving units of Tesoro Corp. and Savage Companies for a crude oil rail terminal at the port.
Newfield, Hess Terminate Leases in Pennsylvania
Newfield Exploration Co. and joint venture (JV) partner Hess Corp., have terminated about 1,500 leases in northeastern Pennsylvania, dashing hopes that landowners could earn about $187.5 million in royalties.
Newfield, Hess Terminate Leases in Northeast Pennsylvania
In a blow to oil and gas development in northeast Pennsylvania, Newfield Exploration Co. and its joint venture (JV) partner, Hess Corp., have terminated about 1,500 leases in the region and dashed hopes that landowners could earn about $187.5 million in lease payments.
Distribution System to Bring Marcellus Gas to Locals
Leatherstocking Gas Co., a 50-50 joint venture between Corning Natural Gas Corp. and Mirabito Holdings Inc., recently broke ground on a natural gas distribution system in Susquehanna County, PA, the latest step in its “local gas for local people” effort to supply Marcellus Shale gas to customers living in the area.
Distribution System Would Bring Marcellus Gas to Susquehanna County
Leatherstocking Gas Co., a 50-50 joint venture between Corning Natural Gas Corp. and Mirabito Holdings Inc., recently broke ground on a natural gas distribution system in Susquehanna County, PA, the latest step in its “local gas for local people” effort to supply Marcellus Shale gas to customers living in the area.
Connecticut Utilities Seek 280K Gas Customers
Yankee Gas, Connecticut Natural Gas (CNG) and Southern Connecticut Gas (SCG) have filed a joint expansion plan with state regulators that would add nearly 300,000 gas customers and increase system throughputs substantially. In the shale gas era, consumers are seeking gas connections, and utilities are working to provide them (see NGI, Feb. 11).
Connecticut Utility Trio Files NatGas Hookup Plan
Inexpensive shale gas has lit a fire under Connecticut gas distribution utilities Yankee Gas, Connecticut Natural Gas (CNG) and Southern Connecticut Gas (SCG), which have just filed a joint gas expansion plan with the state’s Public Utilities Regulatory Authority and the Department of Energy and Environmental Protection (DEEP).