Williams late Tuesday reaffirmed its interest in acquiring Southern Union Co. by offering to buy the company for $44/share in cash — the same amount it offered in July.
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Encana, PetroChina Nix JV in Cutbank Ridge
Encana Corp., Canada’s No. 1 natural gas producer, on Tuesday said it has ended talks with a subsidiary of PetroChina International Ltd. to jointly develop a gassy Cutbank Ridge leasehold, which straddles the borders of northeast British Columbia (BC) and northwest Alberta.
FERC Upholds Order on Enogex-Midcontinent Lease Agreement
FERC on Thursday reaffirmed on remand an order approving a lease agreement between Midcontinent Express Pipeline LLC, an interstate system, and Enogex LLC, an intrastate pipeline, to transport natural gas produced in Oklahoma.
California’s Brown Recommits to Renewables
Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in last Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.
California’s Brown Recommits to Renewables
Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.
‘Sustaining Company’ Is Aim of Constellation Energy Partners
On the sale block for two and a half months now, Constellation Energy Partners LLC (CEP) last Thursday reaffirmed its 2008 forecast and provided an overview of its 2009 business plan as its management gave a nod to challenging financial and commodity markets.
Constellation Energy Partners Goal: ‘Sustain Our Company’
On the sale block for two and a half months now, Constellation Energy Partners LLC (CEP) Thursday reaffirmed its 2008 forecast and provided an overview of its 2009 business plan as its management gave a nod to challenging financial and commodity markets.
FERC Fine-Tunes Gas Market Reporting Rule
FERC last Thursday reaffirmed and clarified a final rule that will provide regulators with additional information regarding natural gas prices and physical gas volumes, allowing them to evaluate the composition and effectiveness of the index pricing regime that governs the domestic wholesale market.
FERC Refines Gas Market Reporting Rule
The Federal Energy Regulatory Commission Thursday reaffirmed and clarified a final rule that will provide regulators with additional information regarding natural gas prices and physical gas volumes, allowing them to evaluate the composition and effectiveness of the index pricing regime that governs the domestic wholesale market.
Energy Secretary Expresses Concern About Possible Gas Cartel
Energy Secretary Samuel Bodman reaffirmed his opposition last Tuesday to the creation of an OPEC-like organization for natural gas, saying it would pose problems for both producing and consuming countries.