Hints and tips:
...Brookfield also partly owns electricity transmission business AusNet, which means the deal is likely to be scrutinised by competition regulators....
...An earlier deal between the companies for gas storage and transmission assets closed last year....
...We have seen a spurt of dealmaking over the past two weeks — Uber bought Postamates for $2.65bn while Berkshire Hathaway paid $9.7bn to take over Dominion Energy’s natural gas transmission business — but...
...Documents filed with the Federal Energy Regulatory Commission show that Citadel has contracts to use gas pipelines including Kern River Transmission, which runs from Wyoming to California, and Rockies Express...
...People were giving each other the elbow . . . instead of shaking hands to avoid transmission. Some had started doing it as a joke while others were taking it very seriously....
...PG&E and its subsidiary, Pacific Gas & Electric, already had their credit ratings downgraded by the three primary rating agencies in November....
...Enbridge, a pipeline company, says it had to limit volumes from its recently-expanded Algonquin Gas Transmission system for customers that did not have firm contracts....
...His opportunistic $9bn play for Texas power transmission utility Oncor was upended by Sempra on Monday....
...The Westinghouse company engaged in fierce competition with Edison, dubbed the “war of the electric currents”, with both vying to lead the introduction of electric power transmission systems....
...The US is already home to more than 300,000 miles of transmission lines, equal to 120 trips between New York and Los Angeles....
...Grid operators such as PJM were accustomed to ensuring extra capacity was in place to deal with summer heatwaves and sagging transmission lines....
...KKR and TPG, along with the buyout arm of Goldman Sachs, bought the former TXU in 2007 for $48bn at the height of the private equity boom in a bet gone wrong that natural gas prices would rise....
...Melissa Cook, CFA, is founder and managing director of Africa Sunrise Partners LLC, an investment advisory and consultancy on Africa....
...A storage space contains a gas-fired barbecue, chairs, tables and solar-powered lights that can be hung from a retractable awning....
...Manitoba Hydro of Canada will manage the state transmission company....
...But the deal hit trouble when natural gas prices fell. The private equity owners hedged the risk of gas prices falling for five years....
...In the US, a “nuclear renaissance” touted just a few years ago has receded as the weak economy and exploitation of local shale gas has brought down prices of conventional thermal fuel....
...(Financial Times) UK gives green light to fracking: The UK has finally given the go-ahead to drilling for gas trapped underground in shale rock....
...Weekend headlines from the FT and other UK media:* From The FT, - Hansen Transmissions soars 91% after ZF Friedrichshafen bid - Trading Emissions shares hit two-year low - IAG returns...
...JPMorgan Chase this year bought RBS Sempra’s global oil, metals, coal and European power and gas businesses and its book of North American natural gas and power deals....
...That is only 2 per cent of the cars on its roads, but, constantly in use, they account for one fifth of its transport-related greenhouse gas emissions....
...Some consumers who agree to lower electricity use during busy daytime periods may reduce the need for peak power plants, but some of these are fired by relatively cleaner-burning natural gas....
...There are also environmental questions surrounding hydrogen when it is derived from natural gas, which releases CO2....
...FERC regulates the inter-state transmission of oil, natural gas and electricity. Both agencies declined to comment. ETP operates 12,000 miles of natural gas pipelines in the US, mostly in Texas....
...Enbridge said its U.S. subsidiary will acquire Shell Gas Transmission, LLC from Shell US Gas Power LLC, a unit of Royal Dutch/Shell Group ....
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