Angry

Amidst lawsuits, a competing bid and some angry shareholders, the Constellation Energy Group and MidAmerican Energy Holdings merger continues to move forward, according to the companies. MidAmerican said Friday it has completed its 14-day due diligence of Constellation’s retail and wholesale businesses, including trading records.

In a tense and at times angry cross-examination Tuesday, federal prosecutor Sean Berkowitz pressed ex-Enron Corp. CEO Jeffrey Skilling about his involvement in the alleged accounting fraud at the former energy giant. However, Skilling, who argued with the prosecutor and at one point flashed his well-known temper, denied he was ever involved in any alleged schemes and remained adamant about his innocence.

About 40 angry union workers blasted El Paso Corp.’s safety and financial record last Wednesday morning in front of the Federal Energy Regulatory Commission, where commissioners were holding their regular bi-weekly meeting. The AFL-CIO affiliated Pipeline Workers of America (PWOA) handed out flyers that said, “Say No to Blue Atlantic,” El Paso’s proposed 1,000-mile, 36-inch diameter Atlantic pipeline system that would bring gas to New York and New Jersey from offshore Nova Scotia.

About 40 angry union workers blasted El Paso Corp.’s safety and financial record Wednesday morning in front of the Federal Energy Regulatory Commission, where commissioners were holding their regular bi-weekly meeting. The AFL-CIO affiliated Pipeline Workers of America (PWOA) handed out flyers that said, “Say No to Blue Atlantic,” El Paso’s proposed 1,000-mile, 36-inch diameter Atlantic pipeline system that would bring gas to New York and New Jersey from offshore Nova Scotia.

A major pipeline group fired off an angry letter Friday askingthe Environmental Protection Agency (EPA) to reconsider a “policydecision” that would force pipelines to shell out at least $280million – money that would have to be diverted from expansionprojects – for “unproven” technology to meet a 90%-reduction targetfor nitrogen oxide (NOx) emissions.