Houston-based energy marketer Dynegy Inc. is joining an impressive list of companies poised to build U.S.-based liquefied natural gas (LNG) facilities, announcing Thursday it will construct a plant at its existing liquefied petroleum gas terminal site in Hackberry, LA. Because the Gulf Coast site is already developed, the facility could be operational two to three years sooner than a greenfield project, with the first phase of commercial operation set for the end of 2003.
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El Paso, Marathon Eye Scotian Pipe to NYC Market
A simultaneous blend of production capacity and capital dollars, tossed together with significant growth in electric generation, created the perfect “aligning of the planets” to finally make a serious go at building a subsea natural gas pipeline from Nova Scotia to the northeast United States, with a possible end point of New York City, said one of the executives involved in the planning.
May 7, 2001
List of Barrett Suitors Growing
Barrett Resources Corp.’s move to provide “strategic alternatives” to its shareholders, and thus, increase the value if it is taken over, appears to have paid off. Last week, the Denver-based independent apparently received at least two more bids to compete with Royal Dutch/Shell Group’s offer of $60 a share. Barrett had set a deadline of last Wednesday for other companies to make an offer.
May 7, 2001
Administration Favors Clean Coal, Arctic Development
Development of clean coal and Arctic oil and gas are running high on the Bush Administration’s list, according to FY 2002 budget proposals released last Monday, which followed on statements by Vice President Dick Cheney.
April 16, 2001
Administration Favors Clean Coal, Arctic Development
Development of clean coal and Arctic oil and gas are running high on the Bush Administration’s list, according to FY 2002 budget proposals released Monday and weekend statements by Vice President Dick Cheney.
April 10, 2001
Barton Forwards ‘Ideas’ on CA to White House
Chairman Joe Barton (R-TX) of the House Energy and Air QualitySubcommittee said last week he was sending to the White House a”list of ideas” about what the federal government can do to helpCalifornia with its ongoing electricity crisis.
March 26, 2001
USEA Wants Energy Issues on Front Burner
A cross-section of U.S. energy representatives last weekpresented a laundry list of initiatives that they believe the WhiteHouse, Congress and regulators must actively pursue to build up thenation’s energy inventories, which they warn are at dangerously lowlevels.
February 26, 2001
USEA Offers Advice on Energy Policy, Legislation
A cross-section of U.S. energy representatives this weekpresented a laundry list of actions that they believe the WhiteHouse, Congress and regulators must take to boost energy supplies,which they say are at dangerously low levels.
February 23, 2001
AES Posts 14th Consecutive Growth Year
Joining the growing list of oil and gas industry companies thatenjoyed growth during 2000, AES Corp. reported strong growth in itsfourth quarter and year-end results. The diversified energy companyrecorded net income before a one-time environmental fine of $658million a 189% increase over 1999. Diluted earnings before specialcharges were $1.46 per share compared to $0.62 per share in 1999.
February 5, 2001
AES Posts 14th Consecutive Growth Year
Joining the growing list of oil and gas industry companies thatenjoyed growth during 2000, AES Corp. reported strong growth in itsfourth quarter and year-end results. The diversified energy companyrecorded net income before a one-time environmental fine of $658million a 189% increase over 1999. Diluted earnings before specialcharges were $1.46 per share compared to $0.62 per share in 1999.
January 31, 2001
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