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Crude oil pushes toward $96
HOUSTON, Jan. 17 (UPI) -- Kinder Morgan Inc. of Houston will sell its Terasen Water and Utility Services unit for $107 million to a consortium of investors.
That consortium is led by CAI Capital Management Co. and includes the existing management team of Terasen Water and Utility Services.
Terasen provides water, wastewater and utility services primarily in western
Canada. The transaction is expected to close by the end of April 2006.
The $107 sale does not include CustomerWorks LP, a joint venture owned 30 percent by Kinder Morgan and 70 percent by Enbridge Inc.
Kinder Morgan owns about 40,000 miles of natural gas and products pipelines and 150 terminals and has 1.1 million natural gas distribution customers.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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