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Latest El Paso Corp. Stories

2010-07-28 15:15:00

ATLANTA and HOUSTON, July 28 /PRNewswire-FirstCall/ -- AGL Resources Inc. (NYSE: AGL) and El Paso Corporation (NYSE: EP) today announced the signing of a joint-venture agreement to distribute liquefied natural gas (LNG) across the southeastern United States to the heavy-duty transportation market, which includes heavy-duty trucks, buses, and waste haulers, and to peak-shaving facilities. The new 50/50 joint-venture, Southeast LNG Distribution Company (www.southeastlng.com), plans to own and...

2009-05-13 13:30:00

WESTPORT, Conn., May 13 /PRNewswire/ -- NGS Energy LP and El Paso Corporation have signed a Memorandum of Acquisition and Understanding with regard to El Paso's Pinal County, Arizona natural gas storage asset. Under the agreement, NGS Energy has an exclusive due diligence period and right to purchase all acreage, wells, geological and technical data and rights currently held by El Paso. The storage project is in the Picacho Basin and would include a 9 mile header system that could connect...

2008-11-13 15:00:24

Doug Foshee, president and chief executive officer of El Paso Corporation (NYSE: EP), will present tomorrow, November 14, at the Bank of America Energy Conference in Key Biscayne, Florida. The presentation will begin at 8:40 a.m. EST, 7:40 a.m. CST with an audio webcast available on the Investors page of El Paso's Web site at www.elpaso.com. Presentation slides will be available prior to the presentation on the Investors page of the company's Web site. El Paso Corporation provides natural...

2008-11-05 18:00:19

El Paso Corporation (NYSE: EP) today announced a capital plan for 2009 that is designed to provide the company with adequate liquidity to meet its debt maturities and other on-going obligations while enabling El Paso to fulfill its pipeline growth program and preserve its inventory of exploration and production opportunities. "El Paso is well-positioned to meet the current credit market challenges while continuing to execute on the core elements of our business plan," said Doug Foshee,...

2008-10-21 15:00:25

El Paso Pipeline Partners, L.P. (NYSE: EPB) today announced that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.3000 per unit for the third quarter of 2008, up 1.7 percent from $0.2950 paid for the second quarter 2008. The distribution will be paid November 14, 2008 on all outstanding common and subordinated units to holders of record as of the close of business on October 31, 2008. "El Paso Pipeline Partners continues to make excellent...

2008-10-14 09:00:38

El Paso Corporation (NYSE: EP) announced today that the anchor shipper on El Paso's Ruby interstate natural gas pipeline project, Pacific Gas and Electric Company (PG&E), recently received a favorable proposed decision regarding the project from a California Public Utilities Commission administrative law judge. If approved by the Commission, the proposed decision would allow the utility to finalize an agreement announced last year to obtain 375,000 dekatherms per day of capacity on the...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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