Rocky Mountain

The Fortnightly 40 Best Energy Companies

The industry’s transformation has begun. Should the F40 transform too?

(September 2014) Our annual ranking of shareholder performance tracks the long-term returns of leading utilities. But can it predict success in a transformed energy market?
Byline: 

Michael Burr

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Boart Longyear Awarded Contract for Largest Natural Gas Storage Facility in Western U.S.

Submitted by aburr on Wed, 2014-08-27 13:46

Boart Longyear was awarded a contract for drilling services at the Magnum NGLs (natural gas liquids) Storage Project at central Utah's Western Energy Hub. Magnum is building the first underground salt cavern NGLs storage facility in the Rocky Mountain region at the site. Development will include the construction of solution-mined storage caverns in a salt dome approximately 3,000 feet below the natural surface. Initially, the facility will feature two caverns each capable of storing between 1 and 2 million barrels of NGLs such as propane and butane.

Digest

Siemens and Accenture joint venture on smart grid management systems; CenterPoint picks Itron for RF meter rollout; Memphis picks Elster electric, gas, and water AMI system; TransAlta acquires Wyoming wind farm from NextEra; NRG acquires Edison Mission Energy assets; Google to invest in Imperial Valley solar project; Sempra acquires Nebraska wind project; plus contracts and announcements from Babcock & Wilcox, Echelon, PJM, California ISO, and others.
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Game Changers

State regulators address transformative forces.

In Fortnightly’s Regulators’ Roundtable, commissioners from Idaho, Illinois, and Minnesota consider transformative forces and the regulatory response.
Byline: 

Michael T. Burr

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