The four gas trade associations are seriously considering askingFERC this week to extend by 74 days the deadline for industrycomments on the major notice of proposed rulemaking (NOPR) andnotice of inquiry (NOI) that were issued in July.
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PG&E May Face Stiffer Fine for Affiliate Violations
State regulators decided yesterday to perhaps up the ante inconsidering penalties against Pacific Gas and Electric Co. foralleged rules violations in advertising and promotion materials bysome of its unregulated energy affiliate companies.
September 18, 1998
Chesapeake Energy Considering Sale, Merger
Oklahoma-based Chesapeake Energy Corp. is exploring”alternatives to enhance shareholder value, including a possiblesale or merger of the company.” The word comes on the heels of anexpected $250 million second quarter loss stemming from awrite-down due to lower gas and oil prices. The company’s boardalso adopted a shareholder rights plan, or poison pill.
July 8, 1998
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