Overcame

Enterprise Products Partners LP overcame the effect of lower natural gas processing margins in its pipelines and services segment to deliver record gross operating margin during the first quarter, as well as a 16% increase in profits. Oil-related infrastructure put in a strong showing, particularly in the Eagle Ford Shale

Enterprise Products Partners LP overcame the effect of lower natural gas processing margins in its pipelines and services segment to deliver record gross operating margin during the first quarter, as well as a 16% increase in profits.

Physical natural gas prices on average for weekend and Monday delivery added a couple of pennies Friday as gains throughout a majority of the country overcame some losses in the Midwest, Great Lakes and Northeast. Seesawing weather conditions were expected to result in Monday temperatures slightly to much above normal in the Midwest.

Would-be importers overcame a challenge by the Alberta government to win a landmark victory in opening eastern Canada to offshore cargoes of liquefied natural gas (LNG) with rolled-in tolls for connections to the new supplies. The National Energy Board cited the growing aggregate demand of all shippers combined with the expected decline of supplies from the Western Canada Sedimentary Basin as driving its decision.

Would-be importers overcame a challenge by the Alberta government to win a landmark victory in opening eastern Canada to offshore cargoes of liquefied natural gas (LNG) with rolled-in tolls for connections to the new supplies. The National Energy Board cited the growing aggregate demand of all shippers combined with the expected decline of supplies from the Western Canada Sedimentary Basin as driving its decision.

Challenged by lower energy prices and production, ExxonMobil Corp. overcame the odds and finessed its way to a surprising 10% gain in 1Q2007 net profit from a year ago.

Improvements in NiSource’s short-term gas transportation and storage sales and its electric business in the second quarter overcame the negative factors of continuing gas demand declines and customer attrition at its gas utility operations due to high gas prices. However, those negative factors probably will prevent the company from meeting its operating earnings guidance of $1.45-1.55/share for the year, said CEO Robert C. Skaggs Jr.

NiSource said improvements in its short-term gas transportation and storage sales and its electric business in the second quarter overcame the negative factors of continuing gas demand declines and customer attrition at its gas utility operations due to high gas prices. However, those negative factors probably will prevent NiSource from meeting its operating earnings guidance of $1.45-1.55/share for the year, said CEO Robert C. Skaggs Jr.

Northeast senators by a two-to-one margin Thursday overcame a procedural budget hurdle that allows for $1 billion in funds that were to be allocated to aid low-income energy customers in fiscal year 2007 to be transferred to the current fiscal year.