Duke’s $6.7B Piedmont purchase digs heels deeper into gas Duke Energy Corp. has become the latest electric utility to buy a natural gas company, giving the energy giant more growth opportunities than what it could do on its own, analysts said. The nation’s largest electric company yesterday said it will buy Piedmont Natural Gas Company … Continue reading #Duke ‘s $6.7B #Piedmont purchase digs heels deeper into gas→
Energy downturn works its way across Wyoming economy CASPER, Wyo. — Last year, M&N Field Services employed 45 people. This year, the Casper-based oil field service company employs 15. “We’re in survival mode right now on that particular company,” said Cary Brus, who helps manage several of the late Mick McMurry’s companies. “We’re doing fine, … Continue reading Energy downturn works its way across #Wyoming economy→
$500M energy plant under construction in Greater Cincinnati NTE Energy, a power developer and energy services provider, acquired about 46 acres of land in Middletown and started construction on its planned $500 million power plant. NTE Ohio LLC purchased six parcels along Cincinnati-Dayton Road at the beginning of October totaling 46 acres for $2.4 million. … Continue reading $500M energy plant under construction in Greater #Cincinnati→
Natural Gas Inventory Exceeds Five-Year Average Working natural gas in storage has surpassed five-year average levels for the first time in more than a year, according to the US Energy Information Administration (EIA). At 2,157 billion cubic feet (Bcf) as of February 13, stocks are 58 Bcf greater than the five-year average. Extremely cold weather … Continue reading Natural Gas Inventory Exceeds Five-Year Average→
National Fuel Gas adds new gas flows out of Marcellus/Utica this week National Fuel Gas Supply Corporation on October 8 was given permission by the Federal Energy Regulatory Commission (FERC) to immediately begin full service on the expansion of its north-south gas pipeline in western Pennsylvania. According to National Fuel, the project would serve two … Continue reading #National_Fuel_Gas adds new gas flows out of #Marcellus / #Utica this week→
Deeper Dive into the Williams–Energy Transfer Merger Williams is a major energy infrastructure company Williams Companies (WMB) is an energy infrastructure company focused on midstream operations, which connect energy exploration and production companies to ultimate users including refineries and distributors. They are primarily US-based, however, they have offshore deepwater Gulf assets and exposure to the … Continue reading Deeper Dive into the Williams–Energy Transfer Merger→
Opinion: The Misguided Efforts of American Energy Companies A global battle for a share of Asia’s future energy demand is on, and Middle East suppliers may win it. Both the United States and Asia would benefit, however, if American companies won a greater presence in the region. American companies could gain a strong share of … Continue reading Opinion: The Misguided Efforts of American Energy Companies→
Nationwide, electricity generation from coal falls while natural gas rises The monthly natural gas share of total U.S. electricity generation surpassed the coal share in July for the second time ever, with natural gas fueling 35.0% of total generation to coal’s 34.9% share. Compared to the previous July, coal-fired generation fell in every region of … Continue reading Nationwide, #electricity_generation from coal falls while natural gas rises→
Is Mexico’s Energy Industry Ready To Boom? A few months ago, a Fortune 500 client asked for our views on gas and power investment opportunities in Africa and Asia. At the end of the presentation they asked which developing market I thought has the most potential for its gas and power sector. Without hesitation I … Continue reading Is #Mexico ‘s Energy Industry Ready To Boom?→
Sanchez Energy to sell midstream assets for $345 million HOUSTON — Houston-based oil producer Sanchez Energy Corp. is selling off pipelines, gathering and compression assets in South Texas to an affiliate for $345 million, becoming the latest shale driller to hawk midstream assets for much-needed cash. The publicly traded company is selling 150 miles of … Continue reading #Sanchez_Energy to sell midstream assets for $345 million→
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