With electricity price shock still very much on their minds, California’s three major investor-owned gas utilities are already gearing up for potential similar shock surrounding natural gas bills this winter as gas futures prices are hovering twice as high as they were a year ago. Wednesday natural gas futures hit another all-time high, topping $5.
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Dynegy, CMS Merger Unlikely Says Analyst
As much as CMS Energy Corp. might wish it to be true, the rumorthat Dynegy Corp. may acquire it just doesn’t fit the profile ofwhat the energy marketer has been on a path to do recently,according to a Houston financial analyst who currently tracksDynegy for investors.
August 18, 2000
DEFS To Expand Much Needed Roggen
Duke Energy Field Services (DEFS) is planning on doublingnatural gas processing capacity at its Roggen plant northeast ofDenver because of an increase in gas production. The company willexpand its working capacity from 25 MMcf/d to 55 MMcf/d over thecourse of the next year. Natural gas liquids would rise from 2,100b/d to over 4,300 b/d the company said.
July 24, 2000
Industry Has Much to Learn from Georgia
Despite the numerous troubles that have plagued the deregulated Georgia retail gas market since its inception in 1997, Georgia Public Service Commissioner Bobby Baker said yesterday in an interview that other states need to realize business-related matters rather than regulatory and legislative snafus were primarily to blame for the difficulties.
July 21, 2000
DEFS To Expand Much Needed Roggen
Duke Energy Field Services (DEFS) is planning on doublingnatural gas processing capacity at its Roggen plant northeast ofDenver because of an increase in gas production. The company willexpand its working capacity from 25 MMcf/d to 55 MMcf/d over thecourse of the next year. Natural gas liquids would rise from 2,100b/d to over 4,300 b/d the company said.
July 20, 2000
Futures Drop 22.6 Cents on Bearish Storage Data
After being held to an extremely-tight, 6-cent trading range formuch of the trading session yesterday, natural gas futures cameunder a wave of selling pressure moments upon the release of freshstorage data and reacted by tumbling dramatically into the closingbell. Plumbing a new 5-week low at $3.91, the August contractfinished at $4.031, 22.6 cent lower for the day.
July 13, 2000
Panda Energy Inks Transportation Agreement
El Dorado, AR is about to become much bigger and brighter on themap. Dallas-based Panda Energy International has moved one stepcloser in the process of creating what will be the largest naturalgas-fired power plant in the country. Panda announced that it hassecured transportation to meet the plant’s daily natural gas needs.
June 26, 2000
Panda Energy Inks Transportation Agreement
El Dorado, AR is about to become much bigger and brighter on themap. Dallas-based Panda Energy International has moved one stepcloser in the process of creating what will be the largest naturalgas-fired power plant in the country. Panda announced that it hassecured transportation to meet the plant’s daily natural gas needs.
June 21, 2000
FERC Debuts New Policy for Interconnecting to Pipes
FERC liked what it did with interconnections on the electricside so much that it figured why not try it out on natural gas. Andthat’s exactly what the Commission did last week — it issued anew policy for hooking up to the interstate gas pipeline grid.
April 17, 2000
FERC Debuts New Policy for Interconnecting to Pipes
FERC liked what it did with interconnections on the electricside so much that it figured why not try it out on natural gas. Andthat’s exactly what the Commission did yesterday — it issued anew policy for hooking up to the interstate gas pipeline grid.
April 13, 2000
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