Pursuit

Petrohawk Energy Corp. has gone west in pursuit of oil and liquids-rich gas production from the Permian Basin, adding to its established holdings in the Eagle Ford and Haynesville shales.

Petrohawk Energy Corp. has gone west in pursuit of oil and liquids-rich gas production from the Permian Basin, adding to its established holdings in the Eagle Ford and Haynesville shales.

The proliferation of midstream master limited partnerships (MLP) and their pursuit of gathering, processing, pipeline and storage have driven asset valuations to exceptional heights and made compelling deals harder to find.

The proliferation of midstream master limited partnerships (MLP) and their pursuit of gathering, processing, pipeline and storage have driven asset valuations to exceptional heights and made compelling deals harder to find.

The Supreme Court Monday in a 7-0 decision came down on the side of the Interior Department’s Minerals Management Service in its nearly decade-long pursuit to recover royalties from BP America Production and another producer for production from federal natural gas leases in New Mexico’s San Juan Basin.

Williams Cos. announced last Thursday that it has abandoned plans to sell its wholesale power business, citing the dim prospects for selling the asset in a depressed power market.

Florida Gas Transmission (FGT), by placing “onerous” conditions on AES Ocean Express LLC in its pursuit of an interconnection with FGT’s system, is frustrating the company’s plans to construct a proposed Bahamas-to-Florida line to deliver regasified liquefied natural gas (LNG) to the southern Florida market, AES Ocean Express said last week.

Florida Gas Transmission (FGT), by placing “onerous” conditions on AES Ocean Express LLC in its pursuit of an interconnection with FGT’s system, is frustrating the company’s plans to construct a proposed Bahamas-to-Florida line to deliver regasified liquefied natural gas (LNG) to the southern Florida market, AES Ocean Express contends.

A little more than a year after NiSource started its pursuit of Columbia Energy Group, the merger is nearing completion. Seven out of nine states have completed the necessary regulatory actions, and the proposed union is on the docket for a vote at FERC’s next regular meeting, Wednesday, July 12.