California regulators Thursday released a final environmentalimpact report for the state’s second merchant underground naturalgas storage project in the Sacramento Valley of northernCalifornia. Absent new opposition from surrounding landowners,Texas-based Western Hub Properties hopes to have its $80 millionstorage project operating by the end of this year, following ayear’s delay in the approval process for environmental review.
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BP Amoco Touts 4Q Results
BP Amoco released what it called strong fourth quarter 1999results, and CEO John Browne had favorable remarks regarding futurenatural gas prices.
February 21, 2000
BP Amoco Touts 4Q Results
BP Amoco released what it called strong fourth quarter 1999results, and CEO John Browne had favorable remarks regarding futurenatural gas prices.
February 16, 2000
NEM Sets Guidelines for Deregulating Markets
A new study released last week by the National Energy MarketersAssociation (NEM), found that deregulating energy markets are morecompetitive when incumbent utilities are not the default supplierand the service charge billed to customers is “truly”representative of retail service.
February 14, 2000
NEM Sets Guidelines for Deregulating Markets
A new study released earlier this week by the National EnergyMarketers Association (NEM), found that deregulating energy marketsare more competitive when incumbent utilities are not the defaultsupplier and the service charge billed to customers is “truly”representative of retail service.
February 9, 2000
Andersen, CERA Predicting Strong Gas Growth
Growth lies ahead for the North American gas industry as do anumber of risks and challenges, according to the just released”North American Natural Gas Trends 2000,” a joint report of ArthurAndersen and Cambridge Energy Research Associates (CERA).
January 24, 2000
Andersen, CERA Predicting Strong Gas Growth
Growth lies ahead for the North American gas industry as do anumber of risks and challenges, according to the just released”North American Natural Gas Trends 2000,” a joint report of ArthurAndersen and Cambridge Energy Research Associates (CERA).
January 21, 2000
Hoecker Blasts Restructuring Bill
Rep. Edward J. Markey (D-MA) released a letter last week fromFERC Chairman James J. Hoecker that is “sharply critical” ofelectric restructuring bill H.R. 2944, sponsored by Rep. Joe Barton(R-TX) and reported out of the House Energy and Power Subcommitteelast November. Hoecker’s letter was a response to a Nov. 3 inquiryby Markey.
January 10, 2000
Hoecker Blasts Barton’s Restructuring Bill
Rep. Edward J. Markey (D-MA) released a letter this week fromFERC Chairman James J. Hoecker that is “sharply critical” ofelectric restructuring bill H.R. 2944, sponsored by Rep. Joe Barton(R-TX). The bill was reported out of the House Energy and PowerSubcommittee last November. Hoecker’s letter was a response to aNov. 3 inquiry by Markey.
January 7, 2000
Phillips Shares Spike on Chevron Merger Talk
After having been told to drop dead by Texaco in a publicstatement released in June, Chevron now apparently is courtingPhillips Petroleum, a smaller prize but still a significantconsolation if accomplished. Reports surfaced over the weekend inthe British Sunday Times in London that Chevron was willing to paya 20% premium and that triggered a 5% spike in Phillips shareprices yesterday. The companies would neither confirm nor deny therumors, but Phillips shares closed up $2.81 yesterday at $56.56,well above its 52-week high. A 20% premium would put the purchaseprice near $17.2 billion. Chevron stock, meanwhile, took a slight88-cent dip yesterday to $92.12/share.
September 21, 1999
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