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NEWS 10/26/2015

Duke Energy Buying Piedmont Natural Gas for $4.9 Billion

LDC

CHARLOTTE, N.C. (AP) — Duke Energy will spend about $4.9 billion in cash to acquire Piedmont Natural Gas, adding about a million new customers in the Carolinas and Tennessee. The Charlotte, North Carolina, companies are key partners in the Atlantic Coast Pipeline that will be the first major natural gas pipeline to serve the eastern part of the state. Piedmont shareholders will receive $60 in cash for each share of common stock. That's a 42% premium to Friday's closing price. Duke Energy Corp. will also assume about $1.8 billion in Piedmont debt.

ARTICLE 10/08/2015

SoCalGas Engages Stakeholders Early, Often in Pipeline Safety Projects

In the current phase of the pipeline safety enhancement plan (PSEP), SoCalGas and San Diego Gas & Electric will test and replace about 1,000 miles of pipe throughout the system. While much of the construction work takes place in fairly remote locations, a significant portion is found in busy populated areas. Whether the work is in cities or unincorporated counties, in urban or rural space, customers and the local community are affected. Long before we received approval for PSEP, we knew community and customer outreach would be a critical factor for success.

NEWS 09/11/2015

Natural Gas Use: A Tale of 2 Peak Seasons

Use of natural gas has two seasonal peaks, with consumption patterns predominantly driven by weather. The largest peak occurs during the winter, when cold weather increases the demand for natural gas space heating in the residential and commercial sectors. A second, smaller peak occurs in the summer when air conditioning use increases demand for electric power, an increasing portion of which is provided by natural gas-fired generators.

NEWS 08/07/2015

Majeure Forces Alliance to Cut Natural Gas Flows to Zero for Now

LDC

The Alliance pipeline will be shut down for an unspecified period of time due to the presence of excess hydrogen sulfide on the mainline, according to Alliance Canada. The event constitutes a force majeure. During the past 30-days, Alliance Canada has been flowing an average 1,792 MMcf/d across the border to Alliance U.S., with single-day flows reaching as high as 1,977 MMcf/d on the roughly 2,000 MMcf/d capacity system.

ARTICLE 06/16/2015

Presidents Report Finds Energy Infrastructure Needs Major Investments

The need for major changes to the nation’s energy infrastructure is why President Obama initiated a quadrennial cycle of energy reviews to provide a multiyear roadmap for U.S. energy policy. The result is the recent release of the initial installment of the first-ever Quadrennial Energy Review 2015 (QER) prepared by the White House task force.

ARTICLE 01/01/2015

Gas, Electric Sectors Split On Key Scheduling Issue

Gas producers and pipelines seem in general agreement about a Federal Energy Regulatory Commission (FERC) proposal to improve coordination between gas suppliers and electric transmission providers. But regional electric buyers such as the ISOs and RTOs are a little disappointed.

ARTICLE 12/17/2014

Plastic Pipe Where Past Is Prelude

Although plastic pipe has been actively used in the natural gas industry since the late 1950s, it is still considered by some to be the “the new kid on the block.” Perhaps one of the key reasons for this reputation is the fact that the plastics industry continues to push the envelope in creating higher performance materials that inspire new compositions and installation techniques. And the main benefactors are gas utilities, exploration and production companies and ultimately their customers.