In a two-part deal involving North American natural gas and electricity assets as one part, along with its little-talked-about retail energy services unit, Sempra Energy should exit its joint venture energy trading business by the end of the third quarter, according to senior company officials.
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Despite State’s Rejection, ConocoPhillips Pushing Ahead on Gasline Plans
ConocoPhillips is reassessing how to advance its Alaska North Slope gas pipeline project after its rejection by the state in favor of a competing proposal that is compliant with the Alaska Gasline Inducement Act (AGIA), the company said Thursday.
ConocoPhillips Pushing Ahead on Non-AGIA Gasline Plans
ConocoPhillips is reassessing how to advance its Alaska North Slope gas pipeline project after its rejection by the state in favor of a competing proposal that is compliant with the Alaska Gasline Inducement Act (AGIA), the company said last week.
Futures Shed 17.1 Cents as Cold Front’s Extent is Debated
Traders appeared to be reassessing the severity and duration of current cold weather in the Midwest and East on Tuesday as January natural gas made a feeble attempt higher before falling. The prompt month settled at $13.489, down 17.1 cents for the day, which brings the two-day decline to 44.2 cents.