TXU Energy Services signed a 10-year multi-million dollaragreement with Aperian Inc. to own, operate and maintain themechanical and electrical energy equipment at Aperian’s fiveInternet data centers, located in Dallas, Austin, Atlanta, Phoenixand Tampa. The contract also includes all future phases ofexpansion.
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Supply-Demand Tightness Continues
Despite the record rig count, gas production isn’t picking upspeed the way many expected, according to Robert Morris of SalomonSmith Barney. Gas production decline rates are extremely high andthe United States will be lucky to see production growth of 3% thisyear, Morris said during a conference call Friday.
Supply-Demand Tightness Should Continue
Despite the record rig count, gas production isn’t picking upspeed the way many expected, according to Robert Morris of SalomonSmith Barney. Gas production decline rates are extremely high, andthe United States will be lucky to see production growth of 3% thisyear, Morris said during a conference call Friday.
TXU Signs Two Service Deals in as Many Weeks
TXU Energy Services signed a 10-year multi-million dollaragreement with Aperian Inc. to own, operate and maintain themechanical and electrical energy equipment at Aperian’s fiveInternet data centers, located in Dallas, Austin, Atlanta, Phoenixand Tampa. The contract also includes all future phases ofexpansion.
Most Prices Soften Despite Severe Winter Weather
Despite very nasty winter weather setting in or approaching inmany regions Friday, weekend prices were softer everywhere exceptat most West Coast points. Most declines ranged from about a dimeto 20 cents, but the PG&E citygate and Pacific Northwestregistered moderate advances and the Southern California border sawa whopping advance of almost $2.
Traders, IPPs Kill TransCanada Toll Hike
Gas traders and independent power producers won an early roundin a long, many-sided contest developing before the National EnergyBoard over costs of excess capacity created by the Canadianpipeline expansion wave.
Traders, IPPs Convince NEB to Kill TransCanada Toll Hike
Gas traders and independent power producers won an early roundin a long, many-sided contest developing before the National EnergyBoard over costs of excess capacity created by the Canadianpipeline expansion wave.
Growing Crowd Warns of Late-Winter Shortages
Analysts from WEFA Energy and UBS Warburg yesterday joined manyother energy experts who have sent out warnings this week thatthere is an increasing possibility that the gas industry will facesupply shortages later this winter because of continuingcolder-than-normal weather and large storage withdrawals.
E&P Programs Gifted with Big Bonuses for 2001
‘Tis the season to spend money, and many of North America’s large and small producers are doing just that, dropping bonuses into the envelopes of newly expanded exploration and development programs for the coming year. In recent days, both U.S. and Canadian producers have announced visions of increased energy production next year, with most of the promise in domestic natural gas development.
CA Prices Fall Hard; Other Points Make Slight Gains
Continued strength prevailed for most of the cash marketyesterday as prices at many points made small gains of 2-5 centswith one major exception: California. Cooler temperatures andforecasts for continued cool weather reduced power demandsignificantly and spot prices for gas at the southern borderplummeted another 15 cents. San Juan prices lost another dime.