Maine PUC Calls for Multiple Franchises

The Maine Public Utilities Commission is allowing several gasdistribution companies to compete to provide new service tomultiple areas in the state. The commission approved, subject tocertain conditions, the formation of CMP Natural Gas by CentralMaine Power and Energy East Corporation (parent company of New YorkState Electric & Gas) last week and gave it authorization toplan gas distribution services in the Augusta, Waterville, Bangor,Windham, Bethel, Bath/Brunswick and the southern coastal areas, allof which would be receiving gas service for the first time.

July 27, 1998

TransCanada, NOVA Complete Merger

TransCanada PipeLines Limited and NOVA Corp. last week completedtheir merger, the largest ever undertaken by energy companies inCanada. The new TransCanada PipeLines Limited and NOVA Corp. begantrading in Canada July 3. Trading began in the United StatesMonday.

July 7, 1998

GRI Tests Market for Investments in 14 Research Offerings

The Gas Research Institute rolled out the first line of targetedresearch offerings, in which companies can gain proprietary accessto technical solutions by forming a partnership with GRI andproduct manufacturers. It is GRI’s first step into the commercialworld where research is determined by market need.

June 24, 1998


The Interstate Natural Gas Association of America (INGAA) saidmember companies plan to complete their Year 2000 (Y2K) computeranalysis, modification and testing by October and will havecontingencies in place should the new millennium bring problems.

June 12, 1998

AGA: Customer Choice Widespread and Growing

More than 70% of gas consumed could be bought from suppliersother than local distribution companies under current and proposedLDC transportation programs, according to the American GasAssociation (AGA). But the choice option still is heavily weightedtoward large customers.

June 1, 1998

Williams Completes Mapco Deal

The Williams Companies completed the acquisition of Mapco Inc.shifting the bulk of the company’s assets into an unregulatedbusiness environment.

March 31, 1998

Energy Pacific Offers CA Decision Aid

Energy Pacific launched a new energy service called Power ChoiceCalifornia, which will help companies make electricity buyingdecisions in a restructured marketplace. The company launched theservice through a pilot with Hewlett-Packard earlier this year andwill begin marketing the service in April. “We’re finding that manycustomers just don’t know where to begin when asking energyproviders for price quotes, or even what their energy options are,”said Eric Nelson, president of Energy Pacific, an unregulated jointventure of Pacific Enterprises and Enova Corp.

March 31, 1998

MCN Energy, American Central Form Gathering Venture

MCNIC Pipeline & Processing, a subsidiary of MCN EnergyGroup, and American Central Gas Companies, have formed apartnership to own and operate a gas gathering system in theCarthage field of East Texas. MCNIC Pipeline & Processing has a40% interest, and American Central holds 60%.

March 5, 1998

Mobile Bay-to-Louisiana NGL Line Slated

Six energy companies agreed to form Tri-States NGL Pipeline tobuild a natural gas liquids (NGL) pipeline from Alabama andMississippi to Louisiana fractionators. The line will link threegas processing plants under construction to new and expandedfractionators on the Mississippi River.

March 5, 1998

Union Pacific Resources Completes Buy of Norcen Energy

Union Pacific Resources Group (UPR) closed on its acquisition ofNorcen Energy Resources. The companies’ boards approved the dealJan. 26. UPR initiated a tender offer for the 51.5% of Norcen’s stock not owned or controlled by Noranda Inc., a shareholder of49.5% Norcen common stock.

March 4, 1998
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