Dominion East Ohio today filed for a tariff adjustment to implement a new “levelized” rate structure, in accordance with an order issued by the Public Utilities Commission of Ohio. The company filed for a reduction in its volumetric charge from $1.2355 to $0.628 per thousand cubic feet (MCF). In yesterday’s ruling, the PUCO also decided...
Atlas Pipeline Partners, L.P. announced that it has appointed Eugene N. Dubay as an independent member of the Board of Directors. Mr. Dubay has been a Senior Vice President and Chief Operating Officer of Continental Energy Systems (formerly SEMCO Energy) since 2003. Prior to joining Continental Energy, he held executive level positions at ONEOK, Inc...
ShawCor Ltd. announced its Bredero Shaw division has received a contract with a value in excess of $60 million to provide Concrete Weight Coatings and anode installation for the National Gas Company of Trinidad & Tobago Ltd’s North East Offshore (NEO) and Tobago Pipeline Projects. Bredero Shaw will mobilize two Compression Coat Technology...
SemGroup, L.P. announced its plans to evaluate offers to sell its wholly-owned subsidiary, SemLogistics Milford Haven Limited, which operates the largest independent fuel storage facility in the United Kingdom. Located in Milford Haven on the west coast of Wales, the facility provides 8.5 million barrels of commercially active storage capacity and serves...
Dominion dedicated a new administration building at its Cove Point liquefied natural gas facility that has earned “silver” certification from the Leadership in Energy and Environmental Design (LEED) program for meeting stringent standards for its energy usage and environmental impact. The levels of certification are certified, silver, gold...
Spectra Energy Corp announced the senior executive team who will lead the corporation following current president and chief executive officer (CEO) Fred Fowler’s retirement at the end of 2008. The company previously announced that in January 2009, Greg Ebel, currently chief financial officer (CFO) Spectra Energy, will succeed Fowler as president...
Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Enterprise Products Partners L.P., with an enterprise value of nearly $21 billion, has chosen Triple Point’s Commodity XL for Hedge Accounting™ to ensure FAS 133 compliance and protect against earnings...
Rentech, Inc. announced that the Company believes the enactment of the Emergency Stabilization Act is a positive step toward creating financial stability in the marketplace. The inclusion of several tax provisions in the Act will greatly benefit Rentech’s efforts in domestic alternative fuels production. Rentech has a commercial pipeline of both biomass...
Crosstex Energy, L.P. announced that the majority of its assets in Texas and Louisiana sustained minimal physical damage as a result of Hurricane Ike. Most of the Partnership’s facilities along the Gulf Coast are resuming or have resumed operations. However, the Sabine plant, because of its proximity to the Louisiana Gulf coast, sustained some damage...
Industry, government, and academic participants in the 35-member Alberta Saline Aquifer Project (ASAP) announced today that five companies have been awarded contracts for the engineering, design and environmental-related work that is needed to support the first phase of ASAP’s initiative to store carbon dioxide in deep underground saline aquifers. With...