Duke Energy Corp. has agreed to pay shareholders about $146 million in settlements following allegations that it failed to disclose details of its 2012 merger with Progress Energy Inc. “The lawsuit accused Duke and several directors and executives of planning in secret to overthrow Progress Chief Executive Bill Johnson as head of the new company.… Keep reading →
Ineos
Energy News Roundup: Duke Settlement, Rallying Dollar & Ineos Acquisition
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We will never sell or share your information without your consent. See our privacy policy.Ford is going to offer a natural gas option for its 2014 F-150 truck. “‘We may look back on this launch as when natural gas really became a mass-market fuel for retail customers as well as fleet customers,’ said Jon Coleman, sustainability and technology manager for Ford.” [Fuel Fix] Ineos Bio, Indian River BioEnergy Center… Keep reading →
While LNG exports from the US are hotly debated, major shale gas player Range Resources was recently excited to proclaim it will be the first company to export natural gas liquids via ship from the US. Range has an agreement in place to begin ethane shipments to a petrochemical concern in Norway beginning in 2015.
We have a sales VP in Europe now – they [NGL sales team] got a call from China and there’s interest in Pittsburgh,” Rodney Waller, Range Senior Vice President said at the Independent Petroleum Association of America’s Oil & Gas Investment Symposium held last week in New York. Keep reading →