As part of its ongoing investigation into the collapse of Enron, House Energy and Commerce Committee Chairman Billy Tauzin (R-LA), along with Ranking Member John Dingell (D-MI), Oversight and Investigations Subcommittee Chairman James Greenwood (R-PA) and Subcommittee Ranking Member Peter Deutsch (D-FL), called on former Enron CEO Kenneth Lay to explain in detail the personal loans he obtained from the company. The Congressmen told Lay they want to determine what impact his unreported financial activity may have had on company shareholders and employees.
Details
Articles from Details
PG&E Fights Back Against Bankruptcy ‘Myths’
With calls for more details in its bankruptcy court filing of a company-wide reorganization, Pacific Gas and Electric Co. last week went on the offensive in trying to clarify what it called “myths” about its proposal. A major myth or criticism of the plan unveiled last month is that the parent company, PG&E Corp., is trying to hide major generation and transmission assets from state regulation, for which PG&E officials openly have expressed a lot of distaste this year.
Survey: VA Hungry for More Energy Choice Details
Although more than eight in 10 Virginians say they are very or somewhat interested in the state’s upcoming competitive market for natural gas and electricity services, a similar number say they need more information before making a decision on whether to select a new provider of energy services, according to a recently released survey.
Survey: VA Hungry for More Energy Choice Details
Although more than eight in 10 Virginians say they are very or somewhat interested in the state’s upcoming competitive market for natural gas and electricity services, a similar number say they need more information before making a decision on whether to select a new provider of energy services, according to a recently released survey.
FERC Order Details Mitigation Rules
While politicians were generally endorsing the Federal Energy Regulatory Commission’s westwide market mitigation order, posted late Tuesday evening and effective at midnight that night, those in the trenches spent Wednesday parsing the 60-page order (EL00-95-031), figuring out implementation and strategies.
Constellation Details Strategic Separation
Expecting to grow its unregulated earnings up to 25% a yearbeginning in 2001, Constellation Energy Group will separate itsunregulated energy trading and generation group from its regulatedentities that include Baltimore Gas & Electric Co.
GTI Details Technological, Production Trends
A report released last week by the newly named Gas TechnologyInstitute (created by the merger of GRI and the Institute of GasTechnology) predicts that technological advances will increase theeconomic lower-48 resource base by 250 Tcf and Canadian recoverableresources by 125 Tcf.
GTI Details Technological, Production Trends
A report released yesterday by the newly named Gas TechnologyInstitute (created by the merger of GRI and the Institute of GasTechnology) predicts that technological advances will increase theeconomic lower-48 resource base by 250 Tcf and Canadian recoverableresources by 125 Tcf.
Williams Buys Duke’s Stake in Alliance Pipeline
Williams Gas Pipeline snagged Duke Energy’s 9.8% stake in theAlliance Pipeline partnership last week, bringing its totalinterest in Alliance to 14.6%. Transaction details, including shareand unit prices, were not disclosed.
Williams Buys Duke’s Stake in Alliance Pipeline
Williams Gas Pipeline snagged Duke Energy’s 9.8% stake in theAlliance Pipeline partnership yesterday. The transaction bringsWilliams’ total interest in Alliance to 14.6%. Transaction details,including share and unit prices, were not disclosed.