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Author Archives: Heather Zinger

Governor plans to call for company buy-out in gas project

JUNEAU, Alaska — Gov. Bill Walker said Monday that he plans to recommend to legislators that the state buy out TransCanada Corp.’s position in the major liquefied natural gas project that Alaska is pursuing. Under an agreement that predates Walker’s administration, TransCanada, a Canadian pipeline company, would hold the state’s interest in the pipeline and gas treatment plant, with the ...

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Oil and gas spill report for Aug. 24

The following spills were reported to the Colorado Oil and Gas Conservation Commission in the past two weeks. Information is based on Form 19, which operators must fill out detailing the leakage/spill events. Any spill release which may impact waters of the state must be reported as soon as practical. Any spill of five barrels or more must be reported ...

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Encana selling Louisiana assets for $850 million

NEW YORK  — Energy company Encana Corp. is selling its Haynesville natural gas assets in Louisiana in northern Louisiana to GEP Haynesville LLC for $850 million. The assets being sold include about 112,000 acres. Encana will use the proceeds from the sale to reduce debt. GEP Haynesville is a joint venture formed by GeoSouthern Haynesville LP and funds managed by ...

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Southern Power-AGL deal creates nation’s No. 2 utility

Atlanta utility giant Southern Company on Monday struck a deal to buy natural gas provider AGL Resources for $8 billion, creating the nation’s second largest utility and prompting questions about the impact the agreement will have on customers’ power bills. Southern Chairman Tom Fanning, who expects the deal to be finalized by mid-2016, said a key benefit of the companies ...

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