The acquisition of Chicago-based Integrys Energy Group (see Daily GPI, June 23, 2014) by Milwaukee-based Wisconsin Energy Corp. (WE), which is on track to close late this summer, will result in the natural gas utility side of the merged companies growing a little faster than the power side over the next four to five years, according to WE CEO Gale Klappa.
M&A
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NGI The Weekly Gas Market Report
NatGas Utility to Grow Faster Than Power in Integrys Merger, Wisconsin Energy CEO Says
The acquisition of Chicago-based Integrys Energy Group (see Daily GPI, June 23, 2014) by Milwaukee-based Wisconsin Energy Corp. (WE), which is on track to close late this summer, will result in the natural gas utility side of the merged companies growing a little faster than the power side over the next four to five years, according to WE CEO Gale Klappa.
U.S. E&P Dealmaking Stalls; Execs Cite Risks to Replace, Expand Reserves
U.S. natural gas and oil industry dealmaking stalled in the first quarter as operators attempted to find their footing, but more executives are optimistic about opportunities to invest and expand over the coming year, new research indicates.
U.S. E&P Dealmaking Stalls; Execs Cite Risks to Replace, Expand Reserves
U.S. natural gas and oil industry dealmaking stalled in the first quarter as operators attempted to find their footing, but more executives are optimistic about opportunities to invest and expand over the coming year, new research indicates.
Oil/Gas M&A: ‘Not I, Says BP; Not I, Says ExxonMobil. Ditto: Total, Statoil, ConocoPhillips
With slumping oil and stagnant natural gas prices, the market for merger and acquisition (M&A) activity among exploration and production companies would appear to be a good bet. However, many of the biggest companies with the deepest pockets are remaining on the sidelines.
Oil/Gas M&A? Not I, Says BP; Not I, Says ExxonMobil. Ditto: Total, Statoil, ConocoPhillips
With slumping oil and stagnant natural gas prices, the market for merger and acquisition (M&A) activity among exploration and production companies would appear to be a good bet. However, many of the biggest companies with the deepest pockets are remaining on the sidelines.
Parallax Energy Buying Louisiana LNG Project
Houston-based Parallax Energy is buying Louisiana LNG Energy LLC. The proposed export project to be acquired would be the second “mid-scale” liquefaction and export project undertaken by Parallax this year and would complement the first with design and engineering similarities.
NGI The Weekly Gas Market Report
Parallax Energy Buying Louisiana LNG Project
Houston-based Parallax Energy is buying Louisiana LNG Energy LLC. The proposed export project to be acquired would be the second "mid-scale" liquefaction and export project undertaken by Parallax this year and would complement the first with design and engineering similarities.
Global Natural Gas Competition ‘Stiffer,’ Russian Producers Leading, China Gaining
U.S.-based natural gas producers are producing less while Chinese and Russian operators are producing more, according to a ranking by Societe Generale.
NGI The Weekly Gas Market Report
Global Natural Gas Competition ‘Stiffer,’ Russian Producers Leading, China Gaining
U.S.-based natural gas producers are producing less while Chinese and Russian operators are producing more, according to a ranking by Societe Generale.