Count

Where’s that scorecard? It’s never around when you need it. By our count there are now three new proposals on the Canadian side to upgrade service through southern British Columbia and into the U.S. Pacific Northwest. Westcoast Energy entered the Northwest expansion lists last week with an announcement of an open season to run through the end of May for more capacity on its Southern Mainline and Westcoast Alberta line to accommodate additional volumes from supply areas in British Columbia, Alberta and the Northwest Territories.

Where’s that scorecard? It’s never around when you need it. By our count there are now three new proposals on the Canadian side to upgrade service through southern British Columbia and into the U.S. Pacific Northwest. Westcoast Energy entered the Northwest expansion lists last week with an announcement of an open season to run through the end of May for more capacity on its Southern Mainline and Westcoast Alberta line to accommodate additional volumes from supply areas in British Columbia, Alberta and the Northwest Territories.

While THE vote count continues and with little change dictatedby the elections in the energy leadership in the House and Senate,energy industry pundits were at leisure to explore energy policyscenarios under Democratic or Republican regimes and potentialcandidates to fill the top slots in either eventuality.

Three men pleaded guilty last week in Houston to one count eachof wire fraud charges related to the bilking of hundreds ofthousands of dollars from the Coastal Corp.

Three men pleaded guilty this week in Houston to one count eachof wire fraud charges related to the bilking of hundreds ofthousands of dollars from the Coastal Corp.

Although producers are seeing a significant rebound from themarket doldrums over the past couple years, Fitch IBCA sees troubleahead in the form of increasing finding and development costs andsignificant opposition to pipeline construction.

After studying the financial and operational situations of 15major oil and gas producers, the international credit agency FitchIBCA recently published a report indicating the industry isrebounding from the financially depressed timeframe between 1998and early 1999, but new challenges are just around the corner.