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....
...FERC has a broad remit, with responsibility for everything from regulating the transmission of oil, gas and electricity, to licensing liquefied natural gas terminals and investigating issues around competition...
...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....
...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....
...According to Nesvetailova, financial channels which once underpinned the success of Putin’s Russia now work as crisis transmission mechanisms instead....
...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....
...Today, transmission lines can deliver electricity from Mexico to Colombia and from there to Peru. Only Chile is off-grid in this sub-regional market....
...That reflects little change in the trade balance, but a worsening in net overseas income due to further oil price falls and the UK being heavily invested in overseas oil and gas interests....
...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....
International Edition