Duke Energy Company News

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Williams, Partners Ditch Constitution Pipeline Plans
Wednesday, February 26, 2020The underlying risk adjusted return for the project has dwindled so much that further development is no longer supported.

Duke CEO: Need Plan B if Atlantic Coast Pipeline Fails
Tuesday, March 26, 2019Duke Energy Corp. will need another way to shuttle natural gas to customers in the U.S. Southeast if the troubled Atlantic Coast shale pipeline fails to overcome legal setbacks.

Duke Energy to Buy Piedmont to Boost Natgas Operations
Monday, October 26, 2015Duke Energy Corporation plans to buy Piedmont Natural Gas Company for $4.9 billion in cash to help expand its natural gas distribution business.

Duke Energy Elects Lynn Good as President, CEO
Tuesday, June 18, 2013Duke Energy announces that the board of directors has unanimously elected Lynn Good as its next president and chief executive officer, succeeding Jim Rogers.

Duke Increases Quarterly Dividend
Tuesday, June 22, 2010Duke declared a quarterly cash dividend on its common stock of $0.245 per share, an increase of a half-cent over the previous level.

Aztec O&G Partnership Drills Successful Natural Gas Well in Texas
Friday, February 27, 2009Aztec Oil & Gas announced that its newest drilling partnership has successfully participated in a previously-announced natural gas well in Goliad County, Texas.

Grey Wolf Issues Ops Update
Tuesday, December 12, 2006Grey Wolf Exploration Inc. announced that it has received approval from the Energy and Utilities Board ("the EUB") on the second of three downspacing applications in the Pouce Coupe/Valhalla area for Doig and Montney production.

BPZ Makes Management Changes
Wednesday, November 01, 2006BPZ Energy, Inc. announced the promotion of Ed Caminos to the position of Vice President of Finance and Chief Accounting Officer and the hiring of Ed Gilliard as Vice President of Finance and Treasurer.

Duke's Gas Spin-Off To Be Named 'Spectra Energy'
Monday, October 30, 2006Duke Energy's existing natural gas business will be called Spectra Energy Corp. when the operations become a stand-alone, publicly traded company, targeted for Jan. 1, 2007.

Fitch Affirms Duke Energy Field Services Debt at 'BBB'; Outlook Stable
Friday, October 20, 2006Fitch affirms Duke Energy Field Services, LLC's (DEFS) senior unsecured debt and Issuer Default Ratings (IDRs) at 'BBB'.

Northern Natural Loses Bid to Sell Pipe to Duke Energy
Tuesday, September 12, 2006FERC on Friday rejected Northern Natural Gas Co.'s request to sell 419 miles of natural gas pipelines and associated compression facilities in Texas, Kansas and Oklahoma to Duke Energy Field Services LP.

Pacific Energy Resources Appoints Three Senior Managers
Friday, August 18, 2006Pacific Energy Resources Ltd. said that it has added three key individuals to its management team to assist in the expanding operations created through the acquisition of Carneros Energy Inc.

ConocoPhillips Reports Q2 Net Income of $5.2 Billion
Wednesday, July 26, 2006ConocoPhillips said that it earned second-quarter net income of $5,186 million, or $3.09 per share, compared to $3,138 million, or $2.21 per share, for the same quarter in 2005.

Horizon Reports Positive Flow Test Results at Funk Prospect
Monday, July 10, 2006Horizon Industries Ltd. said that it has completed a preliminary evaluation of two shut-in wells on its 400-acre Funk Prospect in Goliad County, Texas. Horizon holds a 100% interest in both wells.

FERC Begins Pre-Filing Process for Southeast Header Pipeline Project
Wednesday, May 31, 2006FERC approved Duke Energy's request to begin the pre-filing process for a proposed pipeline header system that would cross portions of Louisiana, Mississippi and Alabama.