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Phillips Petroleum expects to be reporting a 52% oil and gas production increase in 2000 over last year, according to Tom Morris, Phillips CFO, who spoke yesterday at the Lehman Brothers CEO Energy Conference. Morris said that he expects the company will follow up with a 17% increase in 2001 production.

When the retail market partially opens to competition in Texasnext June, it will be a “whole new ballgame,” according to anofficial with the Electric Reliability Council of Texas, but moregeneration, additional transmission lines and increased capacityshould guarantee the state faces no problems similar to those seenby California this year.

Canada’s ProGas Ltd. and RDO Foods Co., based in Grand Forks,ND, have withdrawn an application for a long-term natural gasexport license, according to Canada’s National Energy Board. TheNEB said yesterday that the application had been withdrawn July 18.

The one-day “Natural Gas Summit” held yesterday in Coloradoturned out to be quite an eye-open for industrial gas customers andsuppliers alike, according to participants.

Despite record drilling and high gas prices, Canadian producersstill are not managing to boost production. TransCanada Pipelinesestimates Alberta field receipts were 2% lower than expected thiswinter and ended up being essentially flat with the 12.4 Bcf/drecorded in winter 1998-99.

Despite record drilling and high gas prices, Canadian producersstill are not managing to boost production. TransCanada Pipelinesestimates Alberta field receipts were 2% lower than expected thiswinter and ended up being essentially flat with the 12.4 Bcf/drecorded in winter 1998-99.

“Opportunities in the regulated utility business have never beenbetter,” according to UtiliCorp United Chairman Richard C. Green,Jr.

“Opportunities in the regulated utility business have never beenbetter,” according to UtiliCorp United Chairman Richard C. Green,Jr.

Growth lies ahead for the North American gas industry as do anumber of risks and challenges, according to the just released”North American Natural Gas Trends 2000,” a joint report of ArthurAndersen and Cambridge Energy Research Associates (CERA).