Companies are plowing billions into infrastructure projects, making long-term bets that demand for nat gas will keep growing.
LOS ANGELES, July 2- Fifteen years ago, California led the way to cleaner transit buses with strict tailpipe emissions standards that effectively ushered out diesel as the primary fuel for buses in the state and replaced it with natural gas. Now, California is poised once again to take the lead, this time by mandating a switch to so-called "zero-emission" buses by...
HOUSTON, June 23- Williams Companies Inc has spurned Energy Transfer Equity's $48 billion takeover offer for now but a tie-up would give the company a dominant position in the fastest-growing natural gas market in the United States: the Northeast's Marcellus Shale. The deal, which would be one of the largest pipeline acquisitions ever, also would give Energy...
June 16- Sempra Energy, an energy services holding company, said its board authorized the formation of a publicly traded master limited partnership to hold assets producing MLP-qualifying income. Sempra Energy said on Tuesday it expects to grant the MLP, to be called Sempra Partners LP, a right of first offer on certain LNG-related infrastructure projects as...
May 8- California will have enough power to meet air conditioning demand this summer despite continued low hydropower supplies due to an ongoing multi-year drought. "It is always a challenge to operate the grid under the high loads produced by sweltering summer temperatures, but our analysis shows we have the resources available to meet California's need...
Some of Monday's midday movers:
Some of Wednesday's midday movers:
Some S&P 500 companies in conservative states already are managing weather shifts, according to a new report. Inside the climate change fight.
U.S. stock index futures signaled a lower start to Wall Street trade on Thursday, ahead of monthly durable goods data.
U.S. stock index futures signaled a lower start to Wall Street trade on Tuesday.
The Department of Energy on Tuesday granted conditional approval to a Cameron Parish, Louisiana, terminal to export liquefied natural gas.
A new natural gas export facility is seen as a harbinger of things to come.
Utility stocks are "extremely cheap" compared to bonds, Fidelity Portfolio Manager Douglas Simmons says.
Take a look at some of Thursday's midday movers:
Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.
Take a look at some of Tuesday's midday movers:
Check out which companies are making headlines after the bell Monday:
Jim Cramer makes the call on viewers' favorite stocks.
America should embrace shipping its surplus natural gas abroad, according to a study released on Wednesday.
IRVINE, Calif.-- The California Public Utilities Commission on Thursday opened an investigation into the damaged San Onofre nuclear power plant to determine whether ratepayers should bear costs tied to the facility that has been shut down most of the year.