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.
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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).
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).
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.
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.
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.
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.
Nexen Tops Mastiogale Gas Buyer Ranking
Nexen topped the rankings of gas purchasers/marketers in a new customer satisfaction survey based on 300 interviews with gas producers by Missouri-based Mastiogale. Other top buyers that exceeded the industry benchmark were BP, ConocoPhillips, Shell Energy Trading and Corpus Christi-based marketer Shoreline Gas.
Nexen Tops Mastiogale Gas Buyer Ranking
Nexen topped the rankings of gas purchasers/marketers in a new customer satisfaction survey based on 300 interviews with gas producers by Missouri-based Mastiogale. Other top buyers that exceeded the industry benchmark were BP, ConocoPhillips, Shell Energy Trading and Corpus Christi-based marketer Shoreline Gas.
Shippers, Regulators Bemoan Northern Natural’s Proposed Sale of West Hugoton Facilities
Natural gas producers, marketers, municipal utilities and Kansas regulators have attacked Northern Natural Gas’ proposal to sell its West Hugoton gas pipeline facilities in Kansas and Oklahoma to a Midland, TX-based energy company.