Admitting that the company’s “investment phase” has slowedearnings growth for the past 18 months, BP Amoco Plc’s CEO Sir JohnBrowne yesterday predicted investors will see a 10%/year return oninvestment for the next three years, fueled by a 13% increase incapital spending, slashed costs and increased productivity.
Admitting
Articles from Admitting
CA ISO Admits Potential For Grid Gaming
Admitting the possibilities for market abuse in its currentsystem, California’s Independent System Operator (Cal-ISO) lastweek responded to federal regulators’ criticism of its congestionmanagement approach. The ISO suggested interim changes for the restof this year while it works out a broadly based congestion plan.Both the Federal Energy Regulatory Commission and Cal-ISO agreedthere is “a serious flaw in the existing intra-zonal managementscheme” for the California grid operations.
February 14, 2000
CA ISO Admits Potential for Grid Gaming
Admitting the possibilities for market abuse in its currentsystem, California’s Independent System Operator (Cal-ISO) thisweek responded to federal regulators’ criticism of its congestionmanagement approach. The ISO suggested interim changes for the restof this year while it works out a broadly based congestion plan toaddress the admitted shortcomings in its zonal pricing approach.Both the Federal Energy Regulatory Commission and Cal-ISO agreedthere is “a serious flaw in the existing intra-zonal managementscheme” for the California grid operations.
February 10, 2000
Vector Sees Challenge in Finding Markets
While admitting that proliferating pipeline projects arecreating a tall order for marketers, the Canadian natural gascommunity is not only talking optimistically – it is acting onexpectations that its hopes for increased exports will come true.
July 27, 1998
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