Using the baseball movie Field of Dreams as a metaphor for the energy industry, Ocean Energy Inc.’s CFO William Transier told producers they have to “go the distance” if they believe the North American natural gas market will grow to 30 Tcf within 20 years. By overcoming the challenges, producers can build a “supply of dreams.” But, he warned, it won’t be a shutout.
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El Paso CEO Says Coal to
Even though natural gas is and will remain the company’sbackbone, El Paso Corp. CEO William Wise told energy executiveslast week that coal will play an increasingly “preferable” role asthe Houston-based company works to sustain its leadership positioninto the future.
El Paso CEO Says Coal to Play Bigger Role
Even though natural gas is and will remain the company’sbackbone, El Paso Corp. CEO William Wise told energy executivesyesterday that coal will play an increasingly “preferable” role asthe Houston-based company works to sustain its leadership positioninto the future.
Bush Team Eyes Hebert as Acting FERC Chairman
Commissioner William Massey, who took over as FERC chairmanFriday, is likely to have the shortest term as FERC chairman onrecord, with the Bush administration looking to replace him withCommissioner Curt Hebert Jr. as acting chairman possibly as earlyas this week, according to a member of the Bush energy transitionteam.
Bush Team Eyes Hebert as Acting FERC Chairman
Commissioner William Massey is likely to have the shortest termas FERC chairman on record, with the Bush administration looking toreplace him with Commissioner Curt Hebert Jr. as acting chairmanpossibly as early as next week, according to a member of the Bushenergy transition team.
Massey to Replace Hoecker as FERC Chairman
Commissioner William Massey will take over the reins at FERCwhen Chairman James J. Hoecker steps down this week after more thanseven years at the agency. His term will begin Jan. 19.
Next Hurricane Season Should Be a Little Quieter
Hurricane guru William Gray of Colorado State University is predicting a relatively quiet tropical weather season in the Atlantic and Caribbean next year mainly because of a weak to moderate El Nino. Gray expects nine named storms. Five storms would become hurricanes and two of those would be major hurricanes.
Next Hurricane Season Should Be a Little Quieter
Hurricane guru William Gray of Colorado State University ispredicting a relatively quiet tropical weather season in theAtlantic and Caribbean next year mainly because of a weak tomoderate El Nino. Gray expects nine named storms. Five storms wouldbecome hurricanes and two of those would be major hurricanes.
El Paso 3Q Results Rise 46%
In announcing a 46% increase in third quarter profits led by adoubling of earnings from the company’s nonregulated operations, ElPaso CEO William Wise said last week he expected the company’sacquisition of PG&E Gas Transmission Texas to win finalapprovals from the Federal Trade Commission and the Texas AttorneyGeneral’s office “literally any moment now.” He also said theCoastal merger still is expected to be completed in the fourthquarter.
El Paso 3Q Results Rise 46%
In announcing a 46% increase in third quarter earnings yesterdayled by a doubling of earnings from the company’s nonregulatedoperations, El Paso CEO William Wise said he expected the company’sacquisition of PG&E Gas Transmission Texas to win finalapprovals from the Federal Trade Commission and the Texas AttorneyGeneral’s office “literally any moment now.” He also said theCoastal merger still is expected to be completed in the fourthquarter.