Reflecting the continuing race in California to stay out front on energy efficiency through massive ratepayer-funded programs, Sempra Energy’s Southern California Gas Co. Tuesday announced it has recently signed contracts totaling $26 million with outside providers to expand residential and small business energy efficiency programs through 2008.
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Canada Southern Calls Canadian Superior’s Offer ‘a Bridge to Nowhere’
The race to purchase Canada Southern Petroleum Ltd. continues to heat up as the company said it still favors the amended offer from Canadian Oil Sands Ltd. over the amended offer from Canadian Superior Energy Inc. In its most recent offer, Canadian Superior’s CEO said Canada Southern’s board of directors — especially the chairman — “appear by their own actions to be incapable of evaluating Canada Southern’s own upside and assets.”
Canada Southern Calls Canadian Superior’s Offer ‘a Bridge to Nowhere’
The race to purchase Canada Southern Petroleum Ltd. continues to heat up as the company said it still favors the amended offer from Canadian Oil Sands Ltd. over the amended offer from Canadian Superior Energy Inc. In its most recent offer, Canadian Superior’s CEO said Canada Southern’s board of directors — especially the chairman — “appear by their own actions to be incapable of evaluating Canada Southern’s own upside and assets.”
Private LNG Play Gets Financing for OR, CA Projects
A dark horse in the race for siting a liquefied natural gas (LNG) terminal along the U.S. West Coast, NorthernStar Natural Gas, Inc., a U.S.-owned and managed privately held company created specifically to site LNG facilities, announced Monday it has completed a $100 million private offering of convertible notes to qualified institutional buyers.
Aboriginal ‘Nations’ Expanding Mackenzie Opposition
Canada’s entry in the arctic natural gas pipeline race is still not out of the woods. Aboriginal consent, a key item for resource developers in the Northwest Territories, continues to elude the C$7 billion (US$5.6 billion) Mackenzie Gas Project.
Hearings on Mackenzie Project Postponed Until 2006
Regulatory hearings on Canada’s entry in the arctic pipeline race have been postponed until 2006, prompting the Northwest Territories government to warn that the C$7-billion (US$5.6-billion) Mackenzie Gas Project could be shelved. The lag gives Alaska a chance to take over the North American lead in northern supply development, territorial energy minister Brendan Bell said.
TransCanada’s Optimism on Northern Pipelines Begins to Fade
A 2003 bet of C$80-100 million (US$60-75 million) that TransCanada PipeLines’ entry will win the northern pipeline race is starting to make the nation’s top natural gas transporter nervous.
TransCanada’s Optimism on Northern Pipelines Begins to Fade
A 2003 bet of C$80 million to $100 million (US$60 million to $75 million) that TransCanada PipeLines’ entry will win the northern pipeline race is starting to make the nation’s top natural gas transporter nervous.
Calpine Looking at Airport Site for Humboldt Bay LNG Plans
Leaving the so-called “race for LNG” to the sprinters in the southern part of the state, San Jose, CA-based Calpine Corp. indicated Monday it is willing to take its time, absent any strong competitive pressure, in siting a proposed import terminal in the northern half of California. The project also would include a power plant and transmission pipeline infrastructure.
Calpine Looking at Airport Site for Humboldt Bay LNG Plans
Leaving the so-called “race for LNG” to the sprinters in the southern part of the state, San Jose, CA-based Calpine Corp. indicated Monday it is willing to take its time, absent any strong competitive pressure, in siting a proposed import terminal in the northern half of California. The project also would include a power plant and transmission pipeline infrastructure.