Developing

Duke CA Plants to Get Big Ticket Makeover

The bullish prospects for natural gas-fired power generation andthe robust market developing in the merchant plant sector were bothunderscored last week by Duke Energy Power Services’ plans toinvest $700 million in state-of-the-art gas-fired units at two ofits recently purchased merchant sites in California.

December 14, 1998

Columbia, Westcoast to Develop 500 MW PA Plant

Columbia Electric Corp. and Westcoast Power Inc. are developinga 500 MW gas-fired generation plant in Pennsylvania. Each companywill own a 50% interest.

November 11, 1998

Canadian Prices Rise on Drilling Decline

The Canadian natural-gas community sees potentially sharp priceincreases developing on its horizon, thanks to a happy coincidenceof pipeline expansions and economic conditions on the supply side.As the Alliance Pipeline accepted its final certificate for itsU.S. leg from the Federal Energy Regulatory Commission, risingprices were being predicted by prominent fixtures ranging fromPeters & Co., an investment boutique specializing in energystocks, to the dean of Canadian geological and engineeringconsulting houses, Sproule Associates.

September 28, 1998

40% Drop in Drilling Expected to Send Canadian Prices Soaring

The Canadian natural-gas community sees potentially sharp priceincreases developing on its horizon, thanks to a happy coincidenceof pipeline expansions and economic conditions on the supply side.As the Alliance Pipeline accepted its final certificate for itsU.S. leg from the Federal Energy Regulatory Commission, risingprices were being predicted by prominent fixtures ranging fromPeters &amp Co., an investment boutique specializing in energystocks, to the dean of Canadian geological and engineeringconsulting houses, Sproule Associates.

September 28, 1998

Little New Price Movement Seen in Any Market

Enough cold weather was either arriving or developing Tuesday inthe northern and western regions of the U.S. to arrest, at leasttemporarily, the mild price slide that had begun the week. For achange there was remarkable cross-market consistency in thatvirtually all points traded flat to up or down a couple of cents.

March 18, 1998

Amoco Developing Trinidad & Tobago Field

Amoco plans to develop one of its largest gas discoveriesoffshore Trinidad and Tobago to serve future demand on the islandsand supply the Atlantic LNG export project in Trinidad.

March 13, 1998
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