Lessons

Among the lessons to be learned from a recent study of BP plc’s Deepwater Horizon rig disaster is that risk management systems and technology need to be studied and updated, said Christopher Smith, the Department of Energy’s assistant secretary for oil and natural gas.

Among the lessons to be learned from a recent study of the BP Deepwater Horizon rig disaster is that risk management systems and technology need to be studied and updated, said Christopher Smith, the Department of Energy’s assistant secretary for oil and natural gas.

Among whatever lessons the collapse of multi-strategy hedge fund Amaranth Advisors LLC has to teach traders, investors and regulators, one of them is a time-honored truism: the bigger they are the harder — and faster — they fall.

Among whatever lessons the collapse of multi-strategy hedge fund Amaranth Advisors LLC has to teach traders, investors and regulators, one of them is a time-honored truism: the bigger they are the harder — and faster — they fall.

A handful of prevention and mitigative strategies would limit the exposure of other liquefied natural gas (LNG) facilities to the “cascading events” that caused the deadly explosion at the LNG complex in Skikda, Algeria earlier this year, according to a joint report by the Department of Energy (DOE) and Federal Energy Regulatory Commission.

A handful of prevention and mitigative strategies would limit the exposure of other liquefied natural gas (LNG) facilities to the “cascading events” that caused the deadly explosion at the LNG complex in Skikda, Algeria earlier this year, according to a joint report by the Department of Energy (DOE) and Federal Energy Regulatory Commission.

The fallout from Monday’s explosion at Algeria’s largest liquefied natural gas (LNG) complex, which killed as many as 27 workers and injured up to 72 persons, has extended all the way to Washington, DC, causing federal energy regulators to question whether a blast of a similar magnitude could occur at LNG facilities in the United States.

The fallout from last Monday’s explosion at Algeria’s largest liquefied natural gas (LNG) complex, which killed as many as 27 workers and injured up to 72 persons, has extended all the way to Washington, DC, causing federal energy regulators to question whether a blast of a similar magnitude could occur at LNG facilities in the United States.

The key lessons learned in the financial massacre of leading gas and electric companies are that “balance sheet matters…real cash flow matters…assets matter…and dividends matter,” Southern Co.’s CFO Gale Klappa told the Banc of America Securities Energy & Power Conference last Wednesday.