Admitting

Without admitting any wrongdoing, El Paso Corp.’s trading unit has agreed to pay $20 million as part of a settlement with the Commodity Futures Trading Commission (CFTC) of charges that it submitted false information about natural gas trades in an attempt to manipulate prices.

Without admitting any wrongdoing, Transcontinental Gas Pipe Line Corp. last week entered into a settlement at FERC to pay a civil penalty of $20 million — the largest in the agency’s history — for violating laws and agency regulations that bar interstate natural gas pipelines from giving preferential treatment to marketing affiliates and other sister companies.

Without admitting any wrongdoing, Transcontinental Gas Pipe Line Corp. has entered into a settlement at FERC to pay a civil penalty of $20 million — the largest in the agency’s history — for violating laws and agency regulations that prohibit interstate natural gas pipelines from giving preferential treatment to marketing affiliates and other sister companies.

Without admitting its actions influenced prices in California’s power market, Reliant Resources Inc. and several of its California power generation facilities have entered into a stipulation and consent agreement with FERC to pay $13.8 million for withholding electricity from the state’s market on two days in June 2000.

Without admitting its actions influenced prices in California’s power market, Reliant Resources Inc. and several of its California power generation facilities have entered into a stipulation and consent agreement with FERC to pay $13.8 million for withholding electricity from the state’s market on two days in June 2000.

Without admitting any wrongdoing, Transwestern Pipeline has entered into a stipulation and consent agreement with FERC to resolve the agency’s concerns about a $550 million loan that the regulated pipeline secured to help bail out its parent, Enron Corp., just weeks before Enron collapsed into bankruptcy last year.

Without admitting any wrongdoing, Transwestern Pipeline has entered into a stipulation and consent agreement with FERC to resolve the agency’s concerns about a $550 million loan that the regulated pipeline secured to help bail out its parent, Enron Corp., just weeks before Enron collapsed into bankruptcy last year.

Admitting that this month may not be the same “March Madness” byexploration and production companies that was experienced a yearago, the sector is expected to advance “strongly” again this yearbecause of the “mounting confidence” in relatively firm natural gasprices and under-appreciated crude oil prices in the near term,according to a Salomon Smith Barney E&P report released thisweek.

Admitting that the company’s “investment phase” has slowed earnings growth for the past 18 months, BP Amoco Plc’s CEO Sir John Browne last week predicted investors will see a 10%/year return on investment for the next three years, fueled by a 13% increase in capital spending, slashed costs and increased productivity.