Accomplish

ConocoPhillips has delivered on the initial objectives it set out to accomplish when its mega merger took effect two years ago, but “much more remains to be accomplished,” CEO Jim Mulva said Wednesday. Mulva and his executive team outlined the strategic plans for the coming year at a meeting in New York with financial analysts.

ConocoPhillips has delivered on the initial objectives it set out to accomplish when its mega merger took effect two years ago, but “much more remains to be accomplished,” CEO Jim Mulva said Wednesday. Mulva and his executive team outlined the strategic plans for the coming year at a meeting in New York with financial analysts.

Bruce A. Williamson, Dynegy Inc.’s new president and CEO, has two priorities he plans to accomplish in the next few days. The first, which he began Wednesday, is to meet with the employees — “face time,” said a Dynegy spokesman. His second priority is to meet all of Dynegy’s customers, with its top customer, ChevronTexaco, likely at the top of the list.

Bruce A. Williamson, Dynegy Inc.’s new president and CEO, has two priorities he wants to accomplish in the next week. The first, which he began Wednesday, is to meet with the employees — “face time,” said a Dynegy spokesman. His second priority is to meet all of Dynegy’s customers, with its top customer, ChevronTexaco, likely at the top of the list.

The power industry should look to the Federal Energy Regulatory Commission, not Congress, to accomplish the restructuring of the electric power market, Dynegy Chairman Chuck Watson told a Washington audience Thursday. “FERC knows how to get things done.”

It took longer to accomplish than previously expected (see Daily GPI, Jan. 16), but Westcoast was able to restore processing capacity at its McMahon Gas Plant near Fort St. John, BC, to its normal 630 MMcf/d around mid-afternoon Wednesday. The capacity had been cut by about a third Tuesday due to excessive foaming of a monoethanol amine (MEA) treatment solution causing a shutdown of processing train #3.

In a bid to complete what others have failed to accomplish, BlueDolphin Gas Storage LLC announced its plans to purchase the AvocaGas Storage facility from Northeastern Gas Caverns LLC last week.With the purchase, Blue Dolphin will become the third owner of thefacility this year. No financial terms of the transaction weredisclosed.

In a bid to complete what others have failed to accomplish, BlueDolphin Gas Storage LLC announced its plans to purchase the AvocaGas Storage facility from Northeastern Gas Caverns LLC yesterday.With the purchase, Blue Dolphin will become the third owner of thefacility this year. No financial terms of the transaction weredisclosed.

By Congressional mandate, Uncle Sam is supposed to get out ofthe utility business in the first few years of the new century. Howthe government can accomplish the feat at hundreds of militaryinstallations around the globe will become a little clearer by theend of this year when a current round of “requests for interest”(RFI) should be submitted by various private sector companies. Noone has an overall price tag on the facilities worldwide, but itprobably will be in the billions of dollars. There are thousands ofmiles of gas piping, water conduits and electrical lines to besold.