Proprietary

A proprietary storage technology developed by a Houston-basedfirm could “obviate” the need in the short term for some of thepipeline capacity additions that have been proposed to meet thepower generation-fueled growth in gas demand anticipated for theNortheast market, says a company official.

A proprietary storage technology developed by a Houston-basedfirm could “obviate” the need in the short term for some of thepipeline capacity additions that have been proposed to meet thepower generation-fueled growth in gas demand anticipated for theNortheast market, says a company official.

Duke Energy International, LLC (DEI) acquired Broken HillProprietary Company Ltd.’s power business (BHP Power) for $315million. The purchase will establish DEI as an industrial energyfacility operator in the emerging competitive Australianelectricity market.

The Gas Research Institute rolled out the first line of targetedresearch offerings, in which companies can gain proprietary accessto technical solutions by forming a partnership with GRI andproduct manufacturers. It is GRI’s first step into the commercialworld where research is determined by market need.

Syntroleum Corp., the developer and owner of a proprietaryprocess for converting natural gas into synthetic crude oil, andSLH Corp., which owns about 31% of Syntroleum, agreed to merge in astock-for-stock deal, which has been approved by the boards of bothcompanies.