El Paso News

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.

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.

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.

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.

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.

Natural gas producer El Paso Corp. on Tuesday slashed its dividend and announced several other measures to save or raise cash.

As the sun set Thursday, crews in more than 30 Atmos Energy trucks tried to restore natural gas service to homes while investigators started looking for the cause of the fireball that lit the sky early in the morning.

A natural gas pipeline exploded in the Texas Panhandle on Thursday, shaking homes, melting window blinds and shooting flames hundreds of feet into the air, authorities said.Three people were injured in the blast, which occurred at 1 a.m. near Amarillo, and they were taken to an area hospital with burns, said Potter County Sheriff's Chief Deputy ...

These actions include, among others, reducing internal costs and improving cost efficiencies from leveraging a consolidated supply chain organization.

Houston-based El Paso Corp. is cutting its quarterly dividend from 5 cents to 1 cent, planning operational cuts to save $150 million annually and selling up to $500 million in assets next year.

Citi sees the company's production falling by about 2% in 2010 on declines in established fields, partially offset by gains in the Haynesville.

El Paso Corp. is re-entering the midstream segment and has named Mark Leland president of the newly formed Midstream Group.

Firefighters and rescue workers who responded to a "scene from hell" after a gas pipeline explosion near Carlsbad in August 2000 won the right from the New Mexico Supreme Court to sue for emotional distress two years ago.

Mark will be responsible for a newly created midstream business unit. He has 15 years of midstream experience and was the Chief Operating Officer of GulfTerra Energy Partners, L.P., which was El Paso's former midstream master limited partnership.

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Today we have begun in-depth reporting on our website evaluating the current market condition of Salesforce.com , HEALTHSOUTH Corp.

The Cache County Council has approved rezoning to allow a planned natural gas pipeline to run through 18 miles of rural farmland in northwest Utah.

A company near Casper expects to employ about 120 people after winning a contract to build temporary housing for workers putting in a natural gas pipeline.

El Paso Corp. has renewed its lease at 2 N. Nevada Ave. in the Colorado Square Building.

Houston-based El Paso Corp. has renewed its lease of 211, 000 square feet in the Colorado Square Building at 2 N. Nevada Ave.