Proposals

Stone Energy Said to be Looking for New Suitor

With two merger proposals in less than six months, Stone Energy Corp. probably never thought it would now be standing alone at the altar. The Lafayette, LA-based producer in June spurned a $1.9 billion merger offer by Plains Exploration & Production to hook up with Energy Partners Ltd.’s (EPL), sweeter $2.2 billion proposal (see Daily GPI, June 20). Today, however, the dumper is the dumpee.

October 16, 2006

Atmos Energy, Equitrans Target Capacity Constraint in Eastern KY

Atmos Energy Corp. and Equitrans LP are pinning their hopes on FERC approving their separate proposals in September to build new pipelines to ease the capacity constraint in eastern Kentucky that has led to natural gas production being shut in for much of the year in that region.

August 28, 2006

Atmos Energy, Equitrans Target Capacity Constraint in Eastern KY

Atmos Energy Corp. and Equitrans LP are pinning their hopes on FERC approving their proposals in September to build new pipelines to ease the capacity constraint in eastern Kentucky that has led to natural gas production being shut in for much of the year in that region.

August 25, 2006

Bush Says He Favors Some Capitol Hill Offshore Drilling Plans

President Bush signaled Wednesday that he is open to some of the offshore drilling proposals floating around on Capitol Hill provided they do not allow drilling closer than 100 miles to shore.

May 12, 2006

Senate GOP Energy Bill Would Remove Barrier to Weaver’s Cove Project

As other Republican energy proposals were falling by the wayside, Sen. Craig Thomas (R-WY) on Thursday introduced legislation that offers incentives to expand energy supply and infrastructure in an attempt to lower fuel prices. A key provision in the bill would remove a barrier to the construction of the proposed Weaver’s Cove liquefied natural gas (LNG) terminal in Fall River, MA.

May 8, 2006

FERC Urged to Not ‘Brush Aside’ Concerns Associated with Cove Point LNG Project

While supporting efforts of FERC to process proposals to build liquefied natural gas (LNG) import terminals in a timely fashion, gas distributor KeySpan Energy said it was “equally important” for the federal agency to take the proper steps to ensure that LNG supplies “do not compromise the safety and reliability of existing distribution systems.”

December 19, 2005

FERC Urged Not to ‘Brush Aside’ Concerns Associated with Cove Point LNG Project

While supporting efforts of FERC to process proposals to build liquefied natural gas (LNG) import terminals in a timely fashion, gas distributor KeySpan Energy said it was “equally important” for the federal agency to take the proper steps to ensure that LNG supplies “do not compromise the safety and reliability of existing distribution systems.”

December 15, 2005

IPAA Asks Congress to ‘Do No Harm’ to Oil and Gas Industry

An independent oil and natural gas producer group called on Congress this week to reject proposals seeking to impose a tax on the excess profits of oil and natural gas companies.

November 11, 2005

Mexico Considering LNG Imports for Country’s Growing Demand

All of the focus has been on supplying U.S. markets, but Mexico, with growing energy demands of its own, is reviewing proposals to import and produce liquefied natural gas (LNG). Mexico is said to be close to finalizing an agreement with a group of energy companies to supply the country with 630 MMcf/d for up to 18 years.

June 13, 2005

Mexico Considering LNG Imports for Country’s Growing Demand

All of the focus has been on supplying U.S. markets, but Mexico, with growing energy demands of its own, is reviewing proposals to import and produce liquefied natural gas (LNG). Mexico is said to be close to finalizing an agreement with a group of energy companies to supply the country with 630 MMcf/d for up to 18 years.

June 7, 2005
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