Newly formed gas midstream company Regency Gas Services has acquired approximately 2,300 miles of natural gas gathering lines and four processing plants as well as pipeline assets from El Paso Corp. for $120 million.
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East Mixed as Heat Rises in South; Some Spikes in West
As on the preceding Friday, price movement divided roughly on geographical lines again Monday. But this time it was western points seeing mostly strength, while the East turned in a mixed performance with only few points varying much more than a nickel up or down from flat.
BG Group Lines Up Long-Term LNG Supply for Lake Charles Terminal
BG Group plc, which bought 80% of the import capacity at the Lake Charles, LA, liquefied natural gas (LNG) terminal last year and has an LNG import terminal in Canvey Island, England, bolstered its LNG supply with two large long-term contracts that could bring to U.S. markets a total of 5.9 million tonnes of LNG per year (274.2 Bcf/year).
BG Group Lines Up Long-Term LNG Supply for Lake Charles Terminal
BG Group plc, which bought 80% of the import capacity at the Lake Charles, LA, liquefied natural gas (LNG) terminal last year and has an LNG import terminal in Canvey Island, England, bolstered its LNG supply with two large long-term contracts that could bring to U.S. markets a total of 5.9 million tonnes of LNG per year (274.2 Bcf/year).
Kinder Units Announce Open Seasons to Serve Southwest, Midwest
Kicking off the new year with a binge of open seasons, Kinder Morgan Inc. (KMI) and Kinder Morgan Energy Partners, LP (KMP) launched three separate offerings last week for pipeline projects poised to bring new supplies of gas into Arizona markets and the Midwest.
Kinder Units Announce Open Seasons to Serve Southwest, Midwest
Kicking off the new year with a binge of open seasons, Kinder Morgan Inc. (KMI) and Kinder Morgan Energy Partners, LP (KMP) launched three separate offerings Tuesday for pipeline projects poised to bring new supplies of gas into Arizona markets and the Midwest.
Allegheny Lines Up $2.4B In Financing, Staves Off Bankruptcy
Investors in Allegheny Energy no doubt breathed a collective sigh of relief last Tuesday after the company and its Allegheny Energy Supply Co. said that they have entered into agreements with lenders on new and restructured credit facilities totaling $2.4 billion.
NorthWestern Lines Up Another 6 Bcf/year in Gas Sales to Ethanol Plants
Combination utility NorthWestern Energy signed natural gas supply, management and distribution delivery contracts with two new ethanol plants being developed in eastern South Dakota.
NorthWestern Lines Up Another 6 Bcf/year in Gas Sales to Ethanol Plants
Combination utility NorthWestern Energy signed natural gas supply, management and distribution delivery contracts with two new ethanol plants being developed in eastern South Dakota.
FERC Report Sees Congestion as ‘Serious Issue’ for Midwest
Congestion along the Midwest’s transmission lines remains a “serious issue” thanks to a lack of price signals continuing to hang over the region as a key barrier to new transmission projects, FERC staff said Wednesday. However, price signals in the Midwest are expected to appear two years from now when the region’s grid operator implements locational marginal pricing (LMP).