Natural gas is going to be the “fastest growing fuel source, and it will overtake coal as the second biggest fuel source” after oil, an ExxonMobil Corp. executive said Wednesday.
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Stakeholders Lament Frontier Project Delays
Arctic natural gas boosters are braced for disappointments as prices, politics and regulatory complications overtake projects — especially in Canada.
Stakeholders Lament Frontier Project Delays
Arctic natural gas boosters are braced for disappointments as prices, politics and regulatory complications overtake projects — especially in Canada.
LA, Long Beach Sue Sempra, El Paso
Class action lawsuits are bidding to overtake politicalfinger-pointing as more prevalent this week in the increasinglymurky California energy landscape. The cities of Los Angeles andLong Beach filed separate class action suits Wednesday in LosAngeles Superior Court against Sempra Energy’s two utilitycompanies and El Paso Natural Gas Co. for allegedly conspiring inthe mid-1990s to block the development of two new interstate gaspipelines into the state, resulting in excessively high prices atthe California-Arizona border. Action by the court is not expectedany time soon, according to Long Beach’s city attorney.
Southern Union Takes Southwest to Court
Southern Union gained permission last week to join an existinglawsuit against Southwest Gas in a last-ditch attempt to overtakeOneok as the winner in the race to merge with Southwest. Thelawsuit accuses Southwest Gas’ board of directors of refusing tonegotiate with Southern Union in good faith. Despite the SouthernUnion lawsuit filing, Southwest reaffirmed its acceptance of theOneok offer.
Southern Union Takes Southwest to Court
Southern Union gained permission Tuesday to join an existinglawsuit against Southwest Gas in a last-ditch attempt to overtakeOneok as the winner in the race to merge with Southwest. Thelawsuit accuses Southwest Gas’ board of directors of refusing tonegotiate with Southern Union in good faith. None of the partiesinvolved would comment further on the situation as of press time.