A survey of oil and gas executives finds that the majority blame politicians for short-range decision-making they say is an obstacle to securing the country’s energy future. They also blame “public attitudes” but said “poor communications by the energy industry” had little to do with a lack of energy progress.
Securing
Articles from Securing
XTO Anticipates Double-Digit Output through 2007
Fort Worth-based XTO Energy Inc. said Thursday it has added price hedges for future sales of natural gas and oil production through 2008, securing its plans to increase production growth in 2006 up to 12% and to have “at least” double-digit growth in 2007, according to the CEO.
Mackenzie Pipeline Project Moves Forward into Formal Hearing Phase
Canada’s Arctic natural gas development is back up and running again after securing new support from the Northwest Territories government and three of four aboriginal communities that straddle the route of the proposed Mackenzie Valley Pipeline.
Nova Scotia’s Energy Minister Sees ‘Very Real Potential’ for Province
Improving regulatory efficiency, becoming more competitive and securing reliable energy are three key initiatives highlighted in the second progress report on Nova Scotia’s Energy Strategy, which was released on Thursday.
Dynegy Secures Financing Package to 2005 for $1.66B
Dynegy Inc.’s CEO said Wednesday that the company had reached a “defining point” in its rebuilding process, after securing a new $1.66 billion bank credit financing package that won’t come due until 2005. The new facility replaces existing loans held by subsidiary Dynegy Holding (DHI), which would have matured over the next two months.
Dynegy Secures Financing Package for $1.66B
Dynegy Inc.’s CEO said Wednesday that the company had reached a “defining point” in its rebuilding process, after securing a new $1.66 billion bank credit financing package that won’t come due until 2005. The new facility replaces existing loans held by subsidiary Dynegy Holding (DHI), which would have matured over the next two months.
EEI Sees Need For Utility Risk Management Tools
Power suppliers need flexibility in securing supply arrangements and should be allowed to use risk management tools, including long-term contracts, other hedging tools and, if need be, ownership of generation, against the backdrop of state-level efforts to craft and successfully implement retail electricity restructuring plans, said the Edison Electric Insititute (EEI) in recent comments filed with the Federal Trade Commission.
EEI Sees Need for Utility Risk Management Tools
Power suppliers need flexibility in securing supply arrangements and should be allowed to use risk management tools, including long-term contracts, other hedging tools and, if need be, ownership of generation, against the backdrop of state-level efforts to craft and succesfully implement retail electricity restructuring plans, said the Edison Electric Insititute (EEI) in recent comments filed with the Federal Trade Commission.