U.S. Rep. Tim Ryan (D-Ohio) met with German Chancellor Angela Merkel Wednesday and, among other things, talked up potential exports of liquefied U.S. gas to Germany.
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Gazprom Talks Gas Supply Ideas with China
A delegation from Russia’s Gazprom visited China Wednesday and talked up the prospects for delivering Russian gas via a pipeline currently in development to the People’s Republic.
California Governor to Examine Fracking More Closely
California Gov. Jerry Brown said last Friday that he plans to take a closer look at the oil/gas industry’s use of hydraulic fracturing (fracking) in the state, speaking at a renewable energy conference at the University of California, Santa Barbara, and to news media afterwards.
NRG No Longer Bullish on Gas-Fired Plants
Reporting some sobering financial results for year-end 2010, NRG Energy Inc.’s CEO David Crane talked in less than bullish terms about the prospects for natural gas-fired generation and his company’s bet on new nuclear generation in Texas during a conference call with financial analysts Tuesday. But Crane was still upbeat about solar energy and the inevitability of “sustainability” becoming a key market factor in energy development.
Fiat Chief Talks Up NGVs for USA
Although its corporate headquarters hasn’t made an official announcement, in recent months the CEO of Fiat SpA and the Chrysler Group LLC has talked up natural gas vehicles (NGV) as his choice for the kind of clean-fuel vehicles his company eventually plans to introduce in North America.
Fiat Chief Talks Up NGVs for USA
Although its corporate headquarters hasn’t made an official announcement, the CEO of Fiat SpA and the Chrysler Group LLC in recent months has talked up natural gas vehicles (NGV) as his choice for the kind of clean-fuel vehicles his company eventually plans to introduce in North America.
Sempra to Exit JV Trading Business Soon
In a two-part deal involving North American natural gas and electricity assets as one part, along with its little-talked-about retail energy services unit, Sempra Energy should exit its joint venture energy trading business by the end of the third quarter, according to senior company officials.
Sempra to Sell Rest of Joint Venture Trading in Third Quarter
In a two-part deal involving North American natural gas and electricity assets as one part, along with its little-talked-about retail energy services unit, Sempra Energy should exit its joint venture energy trading business by the end of the third quarter, according to senior company officials.
Sempra Deflects Credit Crunch; Earnings Good, Trading Down
Even after experiencing a rare loss in its joint venture energy trading business, San Diego-based Sempra Energy senior executives talked bullishly about the prospects for the fourth quarter and next year during a conference call with financial analysts Monday in which the utility holding company reported essentially flat third quarter results ($308 million, or $1.24/diluted share, compared with net income of $305 million, or $1.15/diluted share, in the same period in 2007).
Post-Chapter 11 Calpine Eyes Carbon-Conscious Future
Weeks after emerging from two years in Chapter 11 bankruptcy, Calpine Corp. senior officials Friday talked bullishly about the reorganized independent power plant developer’s future in a carbon-conscious environment. They think the company can take advantage of shrinking reserve margins and are talking up California and Texas markets in which the company has the majority of its fleet of natural gas-fired power plants.