Shape

FERC Finds the Natural Gas Cup Overflowing for Winter 2010-11

Heading into the winter the natural gas market is in “good shape,” with production at “levels not seen in more than 35 years,” according to a FERC analyst — and with moderate prices and storage already 90% full.

October 22, 2010

FERC’s Wellinghoff Calls Shale ‘the Quiet Revolution’

The natural gas market is in “good shape” as it heads into the 2010-2011 winter heating season due to the influx of shale gas, which has reshaped the industry, and the addition of new pipeline capacity to access the lower-priced supplies, said a FERC analyst Thursday.

October 22, 2010

Lower Prices, Adequate Storage Forecast for Winter, FERC Says

The prospects for U.S. natural gas markets this winter are in much better shape than they were just a few months ago, with gas storage above the five-year average, the National Weather Service (NWS) predicting a relatively mild winter and robust production continuing onshore, FERC staff said Thursday.

October 20, 2008

Lower Prices, Adequate Storage Forecast for Winter, FERC Says

The prospects for U.S. natural gas markets this winter are in much better shape than they were just a few months ago, with gas storage above the five-year average, the National Weather Service (NWS) predicting a relatively mild winter and robust production continuing onshore, FERC staff said Thursday.

October 17, 2008

ConocoPhillips Nixes M&A, Remains Bullish on Natural Gas

By nearly every financial measure, ConocoPhillips is in enviable shape: a debt-to-capital ratio at 19%, an ongoing share buyback program, dividend payouts and consistently strong quarterly earnings. Even so, there’s likely to be few, if any, mergers and acquisitions (M&A) announced this year, CEO Jim Mulva said last week.

January 28, 2008

ConocoPhillips Nixes M&A, Remains Bullish on Natural Gas

By nearly every financial measure, ConocoPhillips is in enviable shape with a debt-to-capital ratio at 19%, an ongoing share buyback program, dividend payouts and strong quarterly earnings. Even so, there’s likely to be few, if any, mergers and acquisitions (M&A) announced this year, CEO Jim Mulva said Wednesday.

January 24, 2008

ConocoPhillips Lends Support to GHG Emission Cap

In a sign that companies are taking the initiative to shape expected legislation, ConocoPhillips last week became the first U.S.-based oil major to voice its support for a federal greenhouse gas (GHG) emissions cap.

April 16, 2007

ConocoPhillips Lends Support to GHG Emission Cap

In a sign that companies are taking the initiative to shape expected legislation, ConocoPhillips is the first U.S.-based oil major to voice its support for a federal greenhouse gas (GHG) emissions cap.

April 12, 2007

Allegheny Sells Gas Distribution Business to IGS, ArcLight for $244M

Allegheny Energy subsidiary Monongahela Power Co. has reached an agreement to sell all of its natural gas distribution operations in West Virginia to a partnership of IGS Utilities LLC, IGS Holdings LLC and affiliates of ArcLight Capital Partners LLC for $141 million in cash, $87 million in assumed long-term debt and $16 million to settle certain inter-company accounts over the next three years.

August 9, 2004

Report: Regulatory Support Key to LDC Success

After surviving a second winter of higher commodity prices in good shape — at least on the surface — local distribution companies (LDCs) will need continued regulatory support that gives them the tools to capture costs and maintain credit quality, Standard & Poor’s (S&P) said in a new report.

March 8, 2004