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National Fuel Gas' (NFG) "Hold" Rating Reaffirmed at Argus

2016-04-10 19:35:14| Oil & Gas - Topix.net

The analysts wrote, "We believe that NFG provides a unique long-term investment opportunity, as it combines the stability of a regulated gas utility with the growth potential of an E&P and midstream business. However, losses in upstream E&P operations, driven by low commodity prices, are currently outweighing steady performance in the company's gas utility, distribution and transmission businesses.

Tags: rating national hold gas

 

Gas-fired power plant going up in Lordstown, $890 million project will use Ohio and PA shale gas

2016-04-10 07:33:28| Energy - Topix.net

Developers of a very large gas-fired power plant have finalized an $890 million financing package and are expected to begin construction immediately. The Lordstown Energy Center will generate 949-megawatts of electricity -- more than the Davis-Besse nuclear power plant near Toledo -- and enough power to supply 750,000 to 800,000 homes.

Tags: power project million pa

 
 

Energy Network Conference's big data and IoT in oil and gas

2016-04-09 20:00:00| Oil IT Journal - www.oilit.com

Ambyint, 'IoT is disruptive.' Galdos' geospatial semantic registry for oil and gas. Beaver Drilling, rigs now IoT themselves. Streamline's industrial IoT. Embark Innovations' ArrowSync chemicals app.

Tags: data big network energy

 

More from GE Oil and Gas, Florence

2016-04-09 20:00:00| Oil IT Journal - www.oilit.com

Technip - 'crisis worst for a generation.' BP - 'industry got too comfy with $100 oil.' Total - 'engineers are concerned about costs too!' BP, Statoil, ExxonMobil - 'standardization is good for business.' Welltec - 'standardization is bad for innovation.' Columbia Pipeline leverages big pipeline data.

Tags: gas oil florence

 

Western Gas Partners, LP (WES) Shares Up 3.8% Following Analyst Upgrade

2016-04-09 10:18:05| Oil & Gas - Topix.net

Western Gas Partners, LP shares rose 3.8% during trading on Friday after Wunderlich raised their price target on the stock from $40.00 to $45.00, Marketbeat reports. Wunderlich currently has a buy rating on the stock.

Tags: western partners gas upgrade

 

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