03.15.2010
Emera Inc., a Canadian energy company, expanded its position in Maine last week by announcing the purchase of Maine & Maritimes Corp., which serves 36,000 customers in the northern part of the state. Emera said Friday it is purchasing all outstanding...
03.12.2010 | BY JOHNATHAN RICKMAN
In a move intended to remake the province as a destination for oil and natural gas drillers unhappy with 2008 royalty rate increases, the Alberta government announced policy changes Thursday that will lower the government’s revenue take from natural gas...
03.12.2010
Following months of parrying between the state’s politically divided House and Senate, Virginia Gov. Bob McDonnell Wednesday signed into law legislation that make it the expressed policy of Virginia to support oil and natural gas drilling 50 miles off...
03.12.2010
In its first foray into Brazil’s deepwater resources, BP plc Thursday announced it would pay $7 billion to acquire Devon Energy Corp.’s exploration blocks in Brazil’s prolific Campos Basin and other assets in the deepwater Gulf of Mexico and...
03.11.2010
South Korea’s state-owned natural gas company announced last week it plans to invest roughly $545 million over three years in two western Canadian shale gas plays operated by Calgary-based EnCana Corp. Under the so-called “farm-out” deal...
03.09.2010 | BY JOHNATHAN RICKMAN
In a deal advancing the natural gas industry’s push to replace heavily emitting coal-fired power plants with lower-emitting gas-fueled facilities, Colorado Gov. Bill Ritter Friday announced an agreement with state lawmakers, green groups and Xcel...
03.09.2010
Rumors are swirling that German energy giant E.On AG is looking to sell its Kentucky-based regulated utilities—Louisville Gas & Electric Co. and Kentucky Utilities Co.—and that Duke Energy, American Electric Power, PPL Corp. and Southern Co...
03.08.2010 | BY JOHNATHAN RICKMAN
In a finding that managed to perturb both wildlife groups and oil and natural gas industry officials—while also threatening wind, solar and transmission development in the West—the Interior Department’s Fish and Wildlife Service Friday...
03.05.2010 | BY JOHNATHAN RICKMAN
Over the strong objection of a key natural gas industry group representing producers, pipelines and consumers, six Democratic senators this week introduced legislation that would strip FERC of authority over the siting of liquefied natural gas terminals and...
03.04.2010 | BY JOHNATHAN RICKMAN
Amid GOP and industry charges of a secret Obama administration “land grab” to prevent drilling on many western lands through national monument designations, a senior Senate Republican from the West said Wednesday that he agreed that federal...
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