Florida Public Utilities Co. (FPU) has sent a letter to shareholders urging their approval of a proposed $595 million merger with Chesapeake Utilities Corp. and saying Energy Inc., an opponent of the merger, has “mischaracterize[d] important facts” of the deal.
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Articles from Sent
Administration Sends Legislative Plan on OTC Reform to Congress
The Obama administration Tuesday sent to Congress legislative language that calls for comprehensive regulation of over-the-counter (OTC) derivatives markets and dealers for the first time.
August 12, 2009
Obama Administration Rejects Most New Energy Technology Proposals
Contrary to the Obama administration’s pledge to support new energy technology advancements, the Department of Energy (DOE) in late July sent out letters rejecting a majority of the proposals for federal funding in this area.
August 4, 2009
House GOP Calls for Interior to Open New Leasing Areas
Ninety-eight House Republicans Friday sent a letter to Interior Secretary Ken Salazar urging him to proceed with the review of the Bush-era offshore leasing plan for 2010-2015 that was put on hold earlier this year.
August 3, 2009
House GOP Calls for Interior to Open New Leasing Areas
Ninety-eight House Republicans Friday sent a letter to Interior Secretary Ken Salazar urging him to proceed with the review of the Bush-era offshore leasing plan for 2010-2015 that was put on hold earlier this year.
August 3, 2009
Testing Mishap on Midcontinent Express Kills One Worker, Injures Three
A nitrogen release during testing of a segment of Midcontinent Express Pipeline (MEP) in Mississippi Wednesday afternoon killed one worker and sent three to the hospital with “critical” injuries, according to the state’s Emergency Management Agency and a partner in the project.
July 17, 2009
Chevron’s U.S. Upstream Profits Slump 99%
Lower domestic natural gas production and a sharp reversal in commodity prices sent Chevron Corp.’s U.S. upstream earnings down 99% from a year ago, the biggest domestic decline in more than 25 years, the major reported Friday.
May 4, 2009
Chevron’s U.S. Upstream Profits Slump 99%
Lower domestic natural gas production and a sharp reversal in commodity prices sent Chevron Corp.’s U.S. upstream earnings down 99% from a year ago, the biggest domestic decline in more than 25 years, the major reported Friday.
May 4, 2009
Late-Session Fall Casts Doubts on April Contract
April natural gas futures plunged at the close of trading Friday amidst a flurry of spread trades that sent out bearish vibrations and cast doubt about further gains in the April contract. April futures lost 6.3 cents to close at $3.932, and May dropped 4.9 cents to close at $4.006. April crude oil shed 78 cents to close at $46.25/bbl.
March 16, 2009
Republicans Urge Salazar Not to Delay ‘181 South’ Lease Sale
A coalition of 15 House Republicans led by Rep. Doc Hastings of Washington sent a letter to Interior Secretary Ken Salazar Thursday urging him to move forward with a planned lease sale in “one of America’s best untapped” offshore regions — 181 South in the Central Gulf of Mexico — later this month.
March 6, 2009
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