Aquila said it is targeting its energy risk management expertise at the ailing fertilizer industry, which has suffered tremendously over the past two years from volatile natural gas prices. Natural gas can account for up to 80% of a fertilizer product’s costs.
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BP Forms Alliance with Energy East
BP Energy Co. has signed an agreement in principle to lend its extensive supply expertise, marketing and trading knowledge, financial products and information technology to a strategic alliance with the four Energy East Corp. distribution companies in New York and New England, the companies said last Thursday.
BP Forms Alliance with Energy East
BP Energy Co. has signed an agreement in principle to lend itsextensive supply expertise, marketing and trading knowledge,financial products and information technology to a strategicalliance with the four Energy East Corp. distribution companies inNew York and New England, the companies said Thursday.
Quarter-Plus Advances Saturate Cash Pricing
Wednesday’s cash market gains got even bigger Thursday asfutures continued to lend support. Virtually all gains were about aquarter or more, with the larger ones of more than 30 centsclustered mainly in the West. Malin led the pack by advancingslightly more than 40 cents.
Utilities Back Bliley on Transmission Control
A number of top energy executives lined up last week to lendtheir support to House Commerce Committee Chairman Thomas J.Bliley’s (R-VA) draft proposal that would give FERC solejurisdiction over all interstate transmission in the United States- including facilities used in bundled retail transactions, as wellas the interstate facilities operated by Bonneville PowerAdministration, the Tennessee Valley Authority, cooperatives,municipals and utilities in Texas.
Execs, Bliley Want FERC to Have More Power
A number of top energy executives lined up last week to lendtheir support to House Commerce Committee Chairman Thomas J.Bliley’s (R-VA) draft proposal that would give FERC solejurisdiction over all interstate transmission in the United States— including the transmission associated with bundled retailtransactions, as well as the interstate facilities operated byBonneville Power Administration, the Tennessee Valley Authority,cooperatives, municipals and utilities in Texas.