Spanish-based powerhouse Iberdrola SA agreed last week to acquire Portland, ME-based utility Energy East for an estimated $4.5 billion. The New England utility serves 1.8 million electricity customers and 900,000 natural gas customers along the East Coast in Maine, New Hampshire, Massachusetts, Connecticut and New York.
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Repsol, Shell Ink Trinidad LNG Supply Deal
Spanish energy group Repsol YPF said on Monday it will supply Royal Dutch Shell with about 2 billion cubic meters (70.6 Bcf) of liquefied natural gas (LNG) over the next two years. Repsol said it was the largest ever LNG supply deal in the United States.
November 25, 2003
Pemex Awards First MSC for Gas Exploration of Burgos Basin
Spanish-Argentine energy concern Repsol-YPF SA said Friday it is committing $170 million over the next three years to produce natural gas in the Burgos Basin of Mexico after being awarded the first multiple service contract (MSC) by Petroleos Mexicanos (Pemex).
October 20, 2003
Pemex Expected to Award First Multiple Service Contract to Repsol
Spanish-Argentine energy concern Repsol-YPF SA is expected to be awarded Mexico’s first multiple service contract (MSC) on Thursday, as the country takes its first major step toward allowing private investment in its upstream sector.
October 16, 2003
After a Winter of Mistaken Forecasts, Record Prices, What Will Summer Bring?
“El Nino” apparently isn’t Spanish for “low natural gas prices.” Glance at last week’s record and near-record Gulf Coast and Northeast spot gas prices, a rare operational flow order on Transcontinental Gas Pipe Line and another in a string of cold fronts walloping the Northeast and it’s clear weather forecasters got it wrong this winter in a big way.
March 3, 2003
After a Winter of Mistaken Forecasts, Record Prices, What Will Summer Bring?
“El Nino” apparently isn’t Spanish for “low natural gas prices.” Glance at Tuesday’s record and near-record Gulf Coast and Northeast gas prices, a potential rare operational flow order on Transcontinental Gas Pipe Line and another in a string of cold fronts walloping the Northeast and it’s clear weather forecasters got it wrong this winter in a big way.
February 26, 2003
More LNG from Trinidad Making Its Way to U.S.
Spanish energy company Repsol-YPF said Monday that it started a second 4.4 billion cubic meter (Bcm) unit at the liquefied natural gas (LNG) plant in Trinidad, bringing total LNG capacity to 8.4 billion cubic meters/year (297 Bcf/year). The company, which owns the plant with operator BP PLC and BG Group PLC, said a shipment of LNG is on its way to CMS’s LNG terminal in Lake Charles, LA.
August 20, 2002
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