Oneok said yesterday that it remained steadfast in its desire tomerge with Southwest Gas, even in the face of a recommendation bythe Arizona Corporation Commission (ACC) staff to delay thetransaction. The Oklahoma-based company said the ACC staff decisionwas swayed by a “spurned suitor” and although no names arementioned, Southern Union Co. is the likeliest candidate for thespoiler role. The ACC did not return NGI’s calls before press time,and Southern Union is bound by court order not to discuss themerger.
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SPOT GAS MARKET WELLHEAD PRICE
©Copyright, 2000 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .
January 3, 2000
SPOT GAS MARKET Prices
©Copyright, 2000 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .
January 3, 2000
Northern Border Amends Project to Meet FERC Policy
Northern Border Pipeline has downgraded its Project 2000extension into Indiana for a second time, but this time its goal isto comply with the “no subsidy” requirement of FERC’s new policystatement on new pipeline construction..
December 27, 1999
Natural Seeks Clarification of Complaint Order
Natural Gas Pipeline Co. of America (NGPL) contends a FERCdecision that found a recent auction to be “unreasonable and undulypreferential” would “nullify” its negotiated-rate authority and”aggravate” its decontracting problems.
November 19, 1999
BP Amoco Outsourcing in $1.1B U.S. Deal
In what is possibly the largest business process outsourcing(BPO) contract to date, PricewaterhouseCoopers and BP Amoco agreedto expand their existing BPO relationship to the United States. Thedeal is valued at $1.1 billion.
November 11, 1999
CPUC Rejects Western’s Pipeline Plan
On a 3-2 split vote, California regulators last week dismissed aproposal for allowing gas distribution competition in anindustrialized part of the East San Francisco Bay. The majority,led by the current president of the California Public UtilitiesCommission, rejected an alternative proposal by two members of thefive-member CPUC.
November 8, 1999
Cinergy to Stay in Supply Business
After power price spikes, contract defaults and costly supplydeals cost Cinergy $73 million in July, the company said it wasseriously considering quiting the supply business altogether. (SeeDaily GPI, Aug. 9, Aug. 11, and Aug.13) But CEO James E. Rogerssaid yesterday the company’s board of directors has unanimouslydecided Cinergy should stick with it as the industry moves to acompetitive environment.
November 4, 1999
Big IPP Calpine Tackling Gas Management
One of the nation’s fastest growing nonutility power plantdeveloper/operators, Calpine Corp., San Jose, CA, is taking ahands-on approach to building a diversified natural gas portfolioto fuel what it eventually hopes is a network of highly efficient,environmentally clean combined-cycle power plants with a collectivecapacity of 25,000 megawatts.
November 1, 1999
Transco: No Penalties if There’s a Y2K Disruption
In the event of a Y2K-related problem, Transcontinental Gas PipeLine said that any imbalances that are incurred on advancenominations by shippers will be exempted from the monthly cashoutpenalty calculation.
October 22, 1999
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