Allocation

California Rate Hike Still May Not Be Enough

Even with the ink still not dry and final allocation still undetermined on California’s record $5 billion electricity rate increase approved last Tuesday, state officials are already worried that the added revenues and state-backed bonds that will follow will not be enough to pay for power over the next 12 to 18 months.

April 2, 2001

Industry Briefs:

PricewaterhouseCoopers and Landmark Graphics Corp. agreedyesterday to jointly market and implement capital allocation andperformance management software applications for the oil and gasindustry. The agreement will provide the oil and gas industry withautomated tracking services, and the ability to better manageshareholder value and related information. “With the globallandscape of oil and gas companies in continuous change, we areextremely excited about the opportunities our work with LandmarkGraphics will bring to the industry,” said Michael Olszewski,consulting managing partner of PricewaterhouseCoopers NorthAmerican Petroleum Practice. PricewaterhouseCoopers’ Global Energy& Mining Group serves more than 3,000 oil and gas companiesworldwide with problem solving and risk management. Landmark, awholly owned subsidiary of Halliburton Co., supplies integratedE&P technical and economic software and services for the oiland gas industry. Both are headquartered in Houston.

June 13, 2000

Transportation Notes

El Paso continued a 30 MMcf/d allocation of the San JuanCrossover through today due to unforeseen problems extendingmaintenance on the Laguna Station (Cibola County, NM) #3compressor. El Paso also postponed maintenance on the WendenStation (La Paz County, AZ) “A” turbine, which had been scheduledearlier this week, to March 16-18 to coincide with a total shutdownof the station March 17. Havasu Crossover capacity will be cut by80 MMcf/d on March 16 and 18 and by 150 MMcf/d on March 17.

February 26, 1998
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