Agrees

Coral Agrees to Pay Ontario IMO $1M for Cross-Border Trades

Although neither side indicated any wrongdoing, the energy trading affiliate of Shell Oil Co., Coral Energy Inc., agreed Wednesday to pay Ontario’s Independent Electricity Market Operator (IMO) US$1 million for conducting some cross-border electricity trades.

February 24, 2003

Reliant Agrees to Pay $13.8M for Withholding Energy in CA

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.

February 3, 2003

Reliant Agrees to Pay $13.8M for Withholding Energy in CA

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.

February 3, 2003

Halliburton Agrees to Pay $4 Billion to Settle Asbestos Claims

In one of the largest settlements ever, the Houston-based company that was once run by Vice President Dick Cheney said the agreement resolves all present and future asbestos claims, allowing the $13 billion company to continue business as usual while providing for victims of asbestos exposure.

December 19, 2002

El Paso Agrees to Sell 40% Interest in Mexican Plant

El Paso Merchant Energy has agreed to sell its 40% interest in its 700 MW Samalayuca II power plant facility in Mexico to another partner in the project, GE Structured Finance. No financial details were disclosed.

December 16, 2002

El Paso Agrees to Sell 40% Interest in Mexican Plant

El Paso Merchant Energy has agreed to sell its 40% interest in its 700 MW Samalayuca II power plant facility in Mexico to another partner in the project, GE Structured Finance. No financial details were disclosed.

December 10, 2002

Oneok Agrees to Sell Production Properties for $300M

In an effort to strengthen its balance sheet, Tulsa, OK-based Oneok Inc. said last week it has agreed to sell certain natural gas and oil-producing properties for $300 million in cash to an undisclosed producer.

December 9, 2002

Oneok Agrees to Sell Production Properties for $300M

In an effort to strengthen its balance sheet, Tulsa, OK-based Oneok Inc. said Monday it has agreed to sell certain natural gas and oil-producing properties for $300 million in cash to an undisclosed producer.

December 5, 2002

Transwestern Cuts Deal With FERC; Agrees Not to Recover Enron Loan

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.

November 4, 2002

Transwestern Cuts Deal With FERC; Agrees Not to Recover Enron Loan

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.

November 4, 2002