Energy Secretary Spencer Abraham said Wednesday that DOE is teaming up with FERC, EPA, the Department of Homeland Security, and the Commerce, Interior and Agriculture departments in a new interagency group that will develop recommendations on how to increase domestic natural gas supply and promote energy efficiency.
Teaming
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DOE Forms Multi-Agency Work Group to Tackle Gas Supply Problem
Energy Secretary Spencer Abraham said Wednesday that DOE is teaming up with FERC, EPA, the Department of Homeland Security, and the Commerce, Interior and Agriculture departments in a new interagency group that will develop recommendations on how to increase domestic natural gas supply and promote energy efficiency.
El Paso Sets up $500M Drilling Deal with Lehman, Nabors
El Paso Corp. is teaming up with investment banker Lehman Brothers and drilling operator Nabors Industries Ltd. for about $500 million worth of drilling activity in two unspecified locations in the next nine to 12 months.
El Paso Sets up $500M Drilling Deal with Lehman, Nabors
El Paso Corp. is teaming up with investment banker Lehman Brothers and drilling operator Nabors Industries Ltd. for about $500 million worth of drilling activity in two unspecified locations in the next nine to 12 months.
CMS, Sempra Team Up on Mexican LNG Project
CMS Energy Corp. and Sempra Energy announced Friday that they are teaming up to build the first liquefied natural gas (LNG) terminal in Mexico to bring much-needed natural gas supplies into the northern part of the country and southern California.
Altra, Questar Create Imbalance Trading Module
Teaming up to offer the natural gas distribution and pipelinemarket more ways to manage business with their shippers andconnected operators over the Internet, Houston-based Altra EnergyTechnologies Inc. and Salt Lake City’s Questar InfoComm last weekunveiled a web-based module to eliminate imbalance problems thatsometimes occur when doing business in cyberspace.
Altra, Questar Create Imbalance Trading Module
Teaming up to offer the natural gas distribution and pipelinemarket more ways to manage business with their shippers andconnected operators over the Internet, Houston-based Altra EnergyTechnologies Inc. and Salt Lake City’s Questar InfoComm yesterdayunveiled a web-based module to eliminate imbalance problems thatsometimes happen when doing business in cyberspace.
Enron Acquires IBM Technology
Enron and IBM are teaming up again, but this time in the form of acontract, not a joint venture. (see NGI, May 22 ) Enron EnergyServices, a subsidiary of Enron, has inked a deal with IBM todistribute $350 million in technology services to Enron locations allover the U.S. for the next 10 years.
Williams, Dynegy Join Internet Trading Bandwagon
The proliferation of energy trading Internet sites continuedlast week with Dynegy and Williams teaming up to invest $25 millioneach for a minority equity stake in eSpeed Inc., an interactiveelectronic marketplace engine for business-to-business (B2B)e-commerce. It’s another sign the energy industry’s migration toe-commerce is speeding toward an eventual shake-out. Right now,players are beginning to place their bets on who the winners maybe.
Guardian Sponsor Flummoxed by Peoples/Coastal
The announcement earlier this week by Peoples Energy and CoastalCorp.’s ANR Pipeline that they were teaming up to build a 130-milepipeline into the Wisconsin market has left at least one sponsor ofthe competing Guardian Pipeline project scratching his head.