Marketers

Correction

Due to a resubmission of data, the amount of natural gas marketed by RBS Sempra reported in NGI’s 1Q2010 Top North American Gas Marketers Ranking (see NGI, June 14) has been increased to 9.50 Bcf/d from the previously reported 6.40 Bcf/d. As a result, the total gas volume marketed by the 26 companies participating in the survey has been corrected to 147.69 Bcf/d from the previously reported 144.59 Bcf/d.

June 28, 2010

Correction

Due to a resubmission of data, the amount of natural gas marketed by RBS Sempra reported in NGI’s 1Q2010 Top North American Gas Marketers Ranking (see Daily GPI, June 10) has been increased to 9.50 Bcf/d from the previously reported 6.40 Bcf/d. As a result, RBS Sempra moves into fifth place in the survey and the total gas volume marketed by the 26 participating companies has been revised to 147.69 Bcf/d from the previously reported 144.59 Bcf/d.

June 25, 2010

Top North American Gas Marketers (Bcf/d)

Marketers reported an overall 4Q2009 decrease of less than 1% from the previous year’s period, but a flood of of production from shale plays could influence the market’s next move. read more

June 14, 2010

People

Tenaska Marketing Ventures (TMV)/Tenaska Marketing Canada, one of the top natural gas marketers in North America, has promoted several personnel to align its geographic and functional activities and consolidate decision-making authority into each area’s management structure. Terry Cameron was promoted to senior vice president, north, where he will oversee the midwestern and eastern market areas. Mark Whitt takes over as senior vice president, west, where he will oversee western activities. David Schettler is the new senior vice president, south, where he will oversee the Midcontinent and southern U.S. region. Marty Titus was promoted to senior vice president, risk and structured products, which includes risk management, project marketing, deal structuring and valuation functions. John Obermiller, as senior vice president, finance, will manage TMV’s mid- and back-office activities. The five new senior vice presidents will report to President Fred Hunzeker. Tenaska also promoted Janet Corritore to vice president, gas scheduling; Kristen Gould, to vice president, Tenaska Marketing Canada; and Chris Forsman to regional director, Midcontinent.

May 27, 2009

Canadian Fund Looks to Buy Universal Energy Group

Energy Savings Income Fund (ESIF), which operates as a trust and owns a number of natural gas and electricity marketers in the United States and Canada, said Monday it entered into a nonbinding letter of intent in late March to acquire Universal Energy Group (UEG), a North American energy retailer, in a stock for stock deal.

April 14, 2009

Canadian Deliveries to U.S. Surge on Storage Reductions

Winter Canadian natural gas exports leapt 15% as producers and marketers jumped to take advantage of heating season by paring down surpluses in storage, according to the latest trade data collected by the National Energy Board (NEB).

March 17, 2008

Canadian Deliveries to U.S. Surge on Storage Reductions

Winter Canadian natural gas exports leapt 15% as producers and marketers jumped to take advantage of heating season by paring down surpluses in storage, according to the latest trade data collected by the National Energy Board (NEB).

March 17, 2008

Georgia PSC Cracks Down on Marketers’ Variable Rate Plans

Coming down hard on a few of the state’s natural gas marketers on allegations that they violated the Natural Gas Competition and Deregulation Act and the Natural Gas Consumers’ Relief Act, the Georgia Public Service Commission (PSC) has reached a settlement with Georgia Natural Gas (GNG), but will hold hearings this spring related to SCANA Energy after the marketer rejected the commission’s proposed settlement.

March 10, 2008

Georgia PSC Cracks Down on Marketers’ Variable Rate Plans

Coming down hard on a few of the state’s natural gas marketers on allegations that they violated the Natural Gas Competition and Deregulation Act and the Natural Gas Consumers’ Relief Act, the Georgia Public Service Commission (PSC) has reached a settlement with Georgia Natural Gas (GNG), but will hold hearings this spring related to SCANA Energy after the marketer rejected the commission’s proposed settlement, it said Thursday.

March 7, 2008

Coral CEO Touts Top-Notch Staff in Avista Energy Deal

Houston-based Coral Energy Holding LP, one of the top natural gas marketers in North America, bulked up its marketing abilities in the Pacific Northwest and in Western Canada after completing its purchase of Spokane, WA-based Avista Energy Inc., the energy merchant arm of Avista Corp.

July 9, 2007