Bismarck, ND-based MDU Resources Group is aligning its utility, construction, midstream infrastructure and exploration/production (E&P) businesses so each one profits and grows with the continuing hydrocarbon boom in the Bakken, the MDU senior executives emphasized in a half-day financial analysts meeting Thursday in New York City.
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Obama Urges Passage of Energy, Financial Reform Bills
President Obama stressed the need to pass energy and financial reform legislation, and to clean up the oil spill in the Gulf of Mexico and prevent similar spills in the future during a meeting Thursday with House Speaker Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV), House Majority Leader Steny Hoyer (D-MD), House Minority Leader John Boehner (R-OH) and Senate Minority Leader Mitch McConnell (R-KY).
Obama, Congressional Leaders Discuss Energy, Financial Reform Bills
President Obama stressed the need to pass energy and financial reform legislation, and to clean up the oil spill in the Gulf of Mexico and prevent similar spills in the future during a meeting Thursday with House Speaker Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV), House Majority Leader Steny Hoyer (D-MD), House Minority Leader John Boehner (R-OH) and Senate Minority Leader Mitch McConnell (R-KY).
New Gas, Power Transmission Lines in PG&E’s Plans, CFO Says
As part of an industry panel that generally talked bullishly about investment in new transmission infrastructure, PG&E Corp.’s CFO Christopher Johns stressed his utility company’s increased interest in investing in new interstate natural gas and electric transmission projects. While PG&E doesn’t want to own liquefied natural gas (LNG) terminals, the company wants to be able to access LNG wherever it lands in the West, Johns told a financial audience at the Citigroup’s First Annual Power, Gas and Utilities Conference in Miami, FL.
TransCanada Adds Two Major U.S. Pipelines to Its Asset Base
TransCanada Corp. CEO Hal Kvisle stressed the stability of existing Western Canadian gas production and the promise of new supply from the Mackenzie Delta and Alaska in announcing the completion of its purchase of Gas Transmission Northwest Corp. (GTNC) from National Energy & Gas Transmission Inc. (NEGT) for US$1.7 billion, including US$500 million of assumed debt.
TransCanada Adds Two Major U.S. Pipelines to Its Asset Base
TransCanada Corp. CEO Hal Kvisle stressed the stability of existing Western Canadian gas production and the promise of new supply from the Mackenzie Delta and Alaska in announcing the completion of its purchase of Gas Transmission Northwest Corp. (GTNC) from National Energy & Gas Transmission Inc. for US$1.7 billion, including US$500 million of assumed debt.
TransCanada Adds Two Major U.S. Pipelines to Its Asset Base
TransCanada Corp. CEO Hal Kvisle stressed the stability of existing Western Canadian gas production and the promise of new supply from the Mackenzie Delta and Alaska in announcing the completion of its purchase of Gas Transmission Northwest Corp. (GTNC) from National Energy & Gas Transmission Inc. for US$1.7 billion, including US$500 million of assumed debt.