El Paso Corp. last week said it is taking its rebuilt exploration and production (E&P) business for a spin as a publicly traded company by the end of the year.
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NGI The Weekly Gas Market Report
Entergy Finds ‘Extensive Damage’ to Gas System; Atmos Sees Year-Long Restoration Process
Besides the extensive power infrastructure that has to be rebuilt, Entergy Corp. said last week there was “extensive damage” to its natural gas system, affecting service to many of its 147,000 customers in the New Orleans area. And Atmos Energy Corp., the largest natural gas distributor in Louisiana and Mississippi, hopes to have 70% of its most affected customers back in service within six months and 90% in service within a year.
Entergy: ‘Extensive Damage’ to New Orleans Gas System
Besides the extensive power infrastructure that has to be rebuilt, Entergy said there also was “extensive damage” to its natural gas system, affecting service to many of its 147,000 customers in the New Orleans area.
More Banks, Producers Expected to Emerge in Wholesale Sector
As the wholesale energy sector is rebuilt in the coming years, more financial institutions and more oil and gas producers are expected to lead the way, armed with strong balance sheets and investor goodwill. However, the new players will still need the expertise of energy merchants, and more partnerships are likely, experts believe.
Massachusetts Embracing Gas to Reduce Emissions
In an attempt to go “above and beyond” federal regulations, sixof Massachusetts’ oldest — and dirtiest — power plants will beretrofitted or rebuilt and will switch to cleaner burning naturalgas after reaching a voluntary agreement last week with stateofficials. The six plants, owned by five companies, vowed to cuttheir emissions in half by 2003, a move that has followed growingpolitical and grassroots pressure throughout Massachusetts.
Massachusetts Embracing Gas to Reduce Emissions
In an attempt to go “above and beyond” federal regulations, sixof Massachusetts’ oldest — and dirtiest — power plants will beretrofitted or rebuilt and will switch to cleaner burning naturalgas after reaching a voluntary agreement this week with stateofficials. The six plants, owned by five companies, vowed to cuttheir emissions in half by 2003, a move that has followed growingpolitical and grassroots pressure throughout Massachusetts.