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If Y2K doesn’t bring an end to the gas and power industries, itcertainly won’t do anything to stop them from hooking up. Judgingby what’s happened so far, gas and power will never stand alooffrom one another again.

BP Amoco’s recently established Gas & Power division isbuying the remaining shares of ProGas Ltd. it does not already own.The acquisition will bring the volume of Canadian gas marketed byBP Amoco Gas & Power to 3 Bcf/d and increase its total NorthAmerican sales to 7 Bcf/d.

Previously stalled by depressed commodity prices, MitchellEnergy & Development Corp. is flying right again with 12%return on equity in exploration and production, 15 to 20% ingathering and 55 to 60% in natural gas liquids (NGLs), according toone analyst. For Chairman, CEO and gas and oil industry veteranGeorge P. Mitchell, 80, now might be the time to bail out.

The merger bandwagon continued Monday with the announcement of a$2 billion deal that would bring together Illinois-headquarteredIllinova Corp., which has a strong Midwest power generation baseand a developing national energy services business, withHouston-based Dynegy Inc., a leading marketer of energy productsand services. The merged company would be called Dynegy.

It didn’t take long for those predicting that May swing priceswould remain under index levels all month to have to eat theirwords. Not all points matched indexes again Tuesday, but quite afew did in a general show of strength by the cash market, and therest were coming close. Most gains were in the vicinity of a dime,but those in the Rockies and California markets tended to be closerto a nickel or so.

The Delaware General Assembly passed legislation last week thatwill bring retail choice to the majority of the state’s electricitycustomers by October 2000 and to all of its power customers byApril 2001. The bill is expected to be signed into law by Gov.Thomas R. Carper next week.

The Delaware General Assembly passed legislation last week thatwill bring retail choice to the majority of the state’s electricitycustomers by October 2000 and to all of its power customers byApril 2001. The bill is expected to be signed into law by Gov.Thomas R. Carper next week.

Aquila Energy, UtiliCorp United’s main energy marketing arm,announced Wednesday it is moving from Omaha, NE, to Kansas City,MO.. The company will bring 405 employees to occupy 70,000 squarefeet on three floors of the Town Pavilion in downtown K.C.

Williams completed and placed into service the first phase ofits Mobile Bay Expansion and Extension project to bring anadditional 350 MMcf/d of gas from East Main Pass Block 261 onshoreto Transco compressor station 82 in Coden, AL. “We have madeexcellent progress completing the first phase of this importantproject,” said Frank Ferazzi, vice president of customer serviceand rates for Williams’ Transco.