Brooklyn, NY-based KeySpan Corp. said its shareholders at its annual meeting last Thursday overwhelmingly approved the $11.8 billion merger of the company with United Kingdom’s National Grid.
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KeySpan Shareholders Approve Buyout by National Grid
Brooklyn, NY-based KeySpan Corp. said Thursday that its shareholders at its annual meeting overwhelmingly approved the $11.8 billion merger of the company with United Kingdom’s National Grid.
Senate Nears Approval of Lease Sale 181 Bill
The Senate overwhelmingly voted Monday to limit debate and prevent a potential filibuster of legislation that would open up the eastern Gulf of Mexico to oil and natural gas exploration and production, a move that all but assures approval of the bill this week. A final vote on passage of the bill (S. 3711) could come as early as Tuesday.
Senate Debates Lease 181 Bill; Dems Irked by Ban on Amendments
Republicans scored a key procedural victory Wednesday when the Senate overwhelmingly voted to move ahead with debate on legislation to open up millions of acres in the eastern Gulf of Mexico to oil and natural gas leasing.
NGI The Weekly Gas Market Report
House Approves $1B More in LIHEAP Dollars for the Current Fiscal Year
The House last Thursday overwhelmingly approved a measure that would provide additional aid to low-income energy consumers this year, bringing total congressional funding for the program to more than $3 billion in 2006.
House OKs $1B More in LIHEAP Dollars for the Current Fiscal Year
The House on Thursday overwhelmingly approved a measure that would provide additional aid to low-income energy consumers this year, bringing total congressional funding for the program to more than $3 billion in 2006.
General Atlantic’s $160M Investment in Nymex a Done Deal
Nymex Holdings Inc., the holding company of the New York Mercantile Exchange (Nymex) said Monday that its shareholders have “overwhelmingly approved” the transaction by which General Atlantic LLC will invest $160 million for a 10% equity stake in Nymex.
NGI The Weekly Gas Market Report
Senate Panel Votes to Open More of Lease 181; Prospect on Senate Floor Uncertain
The Senate Energy and Natural Resources Committee overwhelmingly voted out bipartisan legislation last Wednesday that would make a significant amount of additional acreage in the natural gas-rich eastern Gulf of Mexico available for leasing. The bill, however, is expected to face stiff opposition from Florida’s senators and other Gulf Coast lawmakers when it comes before the full Senate.
Senate Panel Votes to Open More of Lease 181 to Oil, Gas Activity; Opposition Remains
The Senate Energy and Natural Resources Committee overwhelmingly voted out bipartisan legislation Wednesday that would make a significant amount of additional acreage in the natural gas-rich eastern Gulf of Mexico available for leasing.
Futures Retrace Tuesday’s Increase; Storage Report, Expiration on Traders’ Radar
Combating Tuesday’s 54.9-cent bounce to the upside, natural gas futures traders on Wednesday took almost all of it back as fundamentals still remain overwhelmingly bearish. March natural gas closed 44.8 cents lower on Wednesday at $7.283 as traders prepared for the virtual logjam of market-impacting events scheduled in the final days of the week.