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Phillips Petroleum reported on Tuesday that it is making numerous management changes and creating a new worldwide gas division to better focus on the company’s worldwide gas strategy. Laura Sugg, previously the new business ventures manager for the corporation, has been elected to the position of vice president of worldwide gas, effective April 1. Joseph High will make the move from his current position as vice president of human resources for the components and packaged applications group of Rockwell Automation to the post of vice president of human resources for the corporation, effective April 15. Don Duncan, manager of federal relations since 1993, has been elected vice president of government relations, effective April 1. Former assistant treasurer Jeff Sheets, effective April 1, took his newly elected position of vice president and treasurer. Fran Vallejo, currently strategic transactions and planning manager in the company’s corporate strategy and development group, has been elected assistant treasurer, effective May 1. Edd Grigsby, vice president of investor and public relations, has announced that he will retire after 39 years of service on July 1. Effective May 1, Grigsby will continue to be responsible for public relations, but he will also be on special assignment to Jim Mulva, chairman and CEO. Clayton Reasor, currently commercial services resource area manager for Phillips’ Norway division, has been named manager of investor relations beginning on May 1.

In an effort to realize more value for its shareholders, PlainsResources has decided to evaluate strategic restructuringalternatives to help increase the value, and value-creating abilityof its upstream and midstream business segments.

West Virginia-based Trans Energy Inc. is creating a wholly-ownedsubsidiary, Trans Energy Acquisition, to aggressively pursueacquisitions and mergers within the oil and natural gas sector,appointing industry veteran Gary Lawyer to the executiveacquisition committee.

West Virginia-based Trans Energy Inc. is creating awholly-owned subsidiary, Trans Energy Acquisition, to aggressivelypursue acquisitions and mergers within the oil and natural gassector, appointing industry veteran Gary Lawyer to the executiveacquisition committee.

After Alaska’s governor balked at a move by BP Amoco to pushconsideration of its ARCO acquisition through the Federal TradeCommission, the company has backed off and pledged to address thestate’s anti-competitive concerns. Discussions between the companyand Alaska were ongoing last week.

By the time you read this, El Paso Energy will be putting thefinishing touches on its merger with Sonat Inc., creating thelargest natural gas pipeline in North America in terms of miles andthroughput.

By the time you read this El Paso Energy will be putting thefinishing touches on its merger with Sonat Inc., creating thelargest natural gas pipeline in North America in terms of miles andthroughput.

Consolidated Edison Inc. (ConEd) announced the purchase ofNortheast Utilities (NU) last week, creating a huge utility withover five million electric and 1.4 million gas customers in NewYork and New England. ConEd expects the $7.5 billion transaction tobe completed in 12 to 18 months.

Consolidated Edison Inc. (ConEd) announced the purchase ofNortheast Utilities (NU) yesterday, creating a huge utility withover five million electric and 1.4 million gas customers in NewYork and New England. ConEd expects the $7.5 billion transaction tobe completed in 12 to 18 months.