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El Paso News

News on El Paso continually updated from thousands of sources around the net.

Tuesday Dec 22 | Miami Herald

Prison for 3 former El Paso Corp. traders

Two Miami-Dade physicians could be going to prison for lengthy terms after a federal jury found them guilty of participating with three other convicted doctors in a Medicare racket that prescribed $19.5 million in obsolete infusion drugs for HIV patients.

Comment?

Related Topix: Energy, Home, Mortgage, Personal Finance, US News, Eighth Circuit Court of Appeals, Pennsylvania, Bernie Madoff

Sun Dec 20, 2009

SavannahNow

Newest Elba tank finally getting painted

Sandblasting and priming is now underway to prepare Southern LNG's newest storage tank on Elba Island, shown here in June, for its first coat of camouflaging sky-blue paint.

Comment?

Related Topix: Savannah, GA, Savannah Metro, Energy

Fri Dec 18, 2009

Charleston Daily Mail

Prison for 3 former El Paso Corp. traders

Three former El Paso Corp. traders are going to prison over their efforts to manipulate the price of natural gas by reporting false data.

1 comment

Related Topix: Energy

Wed Dec 16, 2009

Amarillo.com

El Paso Corp. releases new information on Bushland explosion

The operator of the natural gas pipeline that ruptured in Bushland Nov. 5 provided new details Wednesday on the cause of the explosion.

Comment?

Related Topix: Energy, Bushland, TX

Tue Dec 15, 2009

SNL Financial

NGS Energy begins prefiling process for Arizona's 1st underground storage facility

FERC on Dec. 15 authorized Arizona Natural Gas Storage LLC to begin the commission's prefiling process for its new facility, proposed for Pinal County, Ariz.

Comment?

Related Topix: Arizona, Arizona Government, Pinal County, AZ, Energy

Sun Dec 13, 2009

MarketWatch

Energy Stocks: Energy stocks move up on broad market push

Energy stocks moved mildly higher Friday as investors sifted through an increased forecast for oil demand and a rise in the overall equities market.

Comment?

Related Topix: Financial Markets, Energy

Fri Dec 11, 2009

Fox News

El Paso Announces Fiscal 2010 Outlook

Energy company El Paso Corp. gave guidance for fiscal 2010, and issued earnings before interest and taxes above the Streeta s view, Thursday.

Comment?

Related Topix: Energy, Business News

Thu Dec 10, 2009

R & D

Wyoming approves possible pipeline investment

Wyoming's top statewide elected officials on Thursday gave the Treasurer's Office authority to negotiate a $300-million state investment in a proposed natural gas pipeline that would cut across several states.

Comment?

Related Topix: Wyoming Government, Wyoming, Energy, Ohio

Fox News

El Paso Expects 2010 Adj. Earnings Of 75-95 Cents

El Paso Corp. said Thursday it expects 2010 adjusted net income of 75 cents to 95 cents a share.

Comment?

Related Topix: Energy, Business News

Mon Dec 07, 2009

PR-inside.com

David Crane and Timothy Probert Named Directors of El Paso Corporation

Crane, 50, is president, chief executive officer, and a director of NRG Energy and has served in such capacity since December 2003.

Comment?

Related Topix: Energy, Europe, World News, United Kingdom, Investment Banking, Lehman Brothers Holdings, Financial Services, Investment Services

Investor's Business Daily

El Paso Corporation and El Paso Pipeline Partners to Webcast 2009...

Posted 11:54 AM ET HOUSTON, TX, Dec 07, 2009 -- El Paso Corporation and El Paso Pipeline Partners will host an institutional investor and analyst meeting December 10, 2009, in New York City.

Comment?

Related Topix: Energy

Tue Dec 01, 2009

ABC News

Gov't Fines El Paso Corp., Subsidiary $2.3 Million

The Transportation Department says it has fined the El Paso Corp. and its subsidiary Colorado Interstate Gas Company $2.3 million in connection with a 2006 pipeline explosion in Wyoming that killed one worker and sent a giant fireball into the air.

Comment?

Related Topix: Energy, Oil & Gas

Fri Nov 27, 2009

WEBSPHERE Journal

Rothman Research Initiates Research on Companies in the Basic Materials & Services Sectors

U.S. market slipped nominal. As today's market news unfolds Rothman Research begun tracking the following companies Great Basin Gold Ltd.

Comment?

Related Topix: Energy, Oil & Gas, Murphy Oil, Union Pacific, Railroads, Transportation, Trucking, United Parcel Service, Air Courier, Office Equipment, Office Depot, Retail

Tue Nov 17, 2009

Earth Times

MicroSeismic, Inc. Awarded Contract by the El Paso Corporation For...

MicroSeismic, Inc. , a leading geophysical service company providing 3-D passive seismic imaging for energy exploration and production, today announced that it has been awarded a contract for a Buried Array microseismic monitoring program in the Haynesville Shale by the El Paso Corporation.

Comment?

Related Topix: Energy

Sun Nov 15, 2009

PR-inside.com

Colorado Interstate Gas Company - Oil & Gas - Deals and Alliances Profile - new report released

The Company is owned 60% indirectly through a wholly owned subsidiary of El Paso Corporation and 40% by EPPP CIG GP Holdings, L.L.C., a subsidiary of El Paso Pipeline Partners, L.P., El PasoA's master limited partnership .

Comment?

Related Topix: Energy, Oil & Gas

Fri Nov 13, 2009

North Jersey Media Group

Council preparing a resolution to conditionally endorse a plan to...

The Township Council is preparing a resolution that would conditionally endorse a plan to turn West Milford Lake into a wetlands mitigation site, as the lake's 80-year-old dam is scheduled to be breached in early 2010.

Comment?

Related Topix: West Milford, NJ, Energy

Thu Nov 12, 2009

Seattle Post-Intelligencer

Family hurt in Texas pipeline explosion files suit

A family whose members suffered burns when a natural gas pipeline exploded last week in the Texas Panhandle filed a negligence lawsuit Thursday against the companies that own and operate it.

Comment?

Related Topix: Explosion, Texas, Potter County, TX, Energy, Bushland, TX, Amarillo, TX

Myrtle Beach Online

Polish gas monopoly PGNiG posts strong 3Q gains

Poland's gas and oil monopoly, PGNiG, posted a better-than-expected third quarter net profit of 408 million zlotys , as lower prices for imported gas improved its profit margins, the company said Thursday.

Comment?

Related Topix: Berry Petroleum, Energy, Oil & Gas, Quicksilver Resources, Exxon Mobil, Business News

Wed Nov 11, 2009

KKTV

El Paso Corp. Cuts 45 Workers In Colorado Springs

The Gazette reports that El Paso Corp. is laying off 45 of the nearly 500 employees at its western regional office in Colorado Springs as part of cost-cutting measures.

Comment?

Related Topix: Colorado Springs, CO, Colorado Springs Metro, Energy

WSAV

Job Reductions Hit Southern LNG

El Paso Corporation, the owner of the Southern LNG facility on Elba Island, confirmed Tuesday that it is cutting about 300 positions - around 6 percent of its global workforce.

Comment?

Related Topix: Energy

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