Producers and marketers say Natural Gas Pipeline Co. of America(NGPL) conducted a capacity auction earlier this month in anillegal manner, and now are looking to FERC to overturn the resultsof the auction and to prevent the re-occurrence of the allegedviolations in the future.
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Avista Corp. is counting on technology businesses for growth andsees its Internet-based bill consolidation business as the frontdoor to a nationwide marketing presence. During press briefingslast week in Houston and Washington, DC, executives outlinedAvista’s continuing evolution.
Positive contributions from gathering, processing andinternational activities helped boost El Paso Energy’s secondquarter earnings to $0.45/share, an increase of 22% from $0.37 in2Q97. Earnings before interest and taxes increased to $149 millionfrom $139 million in the year ago quarter.