Roots

Freeport-McMoRan Returns to U.S. Energy Roots in $9B Deal

Freeport-McMoRan Returns to U.S. Energy Roots in $9B Deal

Freeport-McMoRan Copper & Gold on Wednesday returned to its U.S. energy roots with a $9 billion cash-and-stock offer to buy Plains Exploration & Production Co. (PXP), a leading unconventional producer, and McMoRan Exploration Co.

December 6, 2012

Kitimat Becoming Launching Pad for LNG Exports

Kitimat, a coastal community in northwestern British Columbia (BC), which has its roots as a company town planned and built in the 1950s by the Aluminum Co. of Canada, is quickly becoming the company town for liquefied natural gas (LNG). Royal Dutch Shell plc on Thursday confirmed that it has purchased an marine import terminal there and now is exploring — with its Asian partners — its potential as an LNG export facility.

October 24, 2011

Launching Pad for LNG Exports: Kitimat, BC?

Kitimat, just in from the coast in northwestern British Columbia (BC), which has its roots as a company town planned and built in the 1950s by the Aluminum Co. of Canada, is quickly becoming the company town for liquefied natural gas (LNG). Royal Dutch Shell plc on Thursday confirmed that it has purchased an marine import terminal there and now is exploring — with its Asian partners — its potential as an LNG export facility.

October 24, 2011

CA Environmental Group Report Paints Energy Utopia by 2025

With a state policy promoting energy alternatives, grass roots-based Environment California late last month released a report heralding “A New Energy Future” in which a massive transformation could cut overall energy use nationally by 10%. The document’s vision calls for saving one-third of today’s oil use through a large shift to renewable energy and stepped up energy efficiency programs by 2025.

October 5, 2006