Pacific Gas and Electric had a systemwide high-inventory OFO in effect Sunday but discontinued it Monday.
Tag / Discontinued
SubscribeDiscontinued
Articles from Discontinued
BP to Buy Devon’s Noncore Properties in $7B Cash Deal
Devon Energy Corp., which last year began restructuring its operations to focus on North American onshore operations, Thursday agreed to sell all of its deepwater Gulf of Mexico (GOM), Brazil and Azerbaijan assets to London’s BP plc for $7 billion.
BP to Buy Devon’s Noncore Properties in $7B Cash Deal
Devon Energy Corp., which last year began restructuring its operations to focus on North American onshore operations, Thursday agreed to sell all of its deepwater Gulf of Mexico (GOM), Brazil and Azerbaijan assets to London’s BP plc for $7 billion.
TXU’s 2Q Results Pulled Lower Due to Discontinued Ops
Stemming in part from the decision to discontinue its telecommunications business, TXU posted second quarter 2003 earnings of $105 million, or $0.31 per diluted share of common stock, compared to $195 million, or $0.73 per diluted share of common stock, recorded for the second quarter of 2002. The company announced its intent to sell its telecommunications business in May and expects the sale to be completed during the first half of 2004.
Senate Cancels Energy Mark-Ups, Addresses ‘Critical’ Issues
Senate Majority Leader Tom Daschle (D-SD) last week discontinued any further consideration by the Senate Energy and Natural Resources Committee of major energy legislation for the rest of the session, reportedly after it became clear that Republicans on the committee had enough votes to push through a bill that would call for the opening of the Arctic National Wildlife Refuge (ANWR).
Transportation Notes
Florida Gas Transmission discontinued an Overage Alert Day notice Wednesday, saying total linepack and operating conditions had improved.
Halt of IT Discounting Not Tied to NGC Contracts
El Paso Natural Gas conceded Wednesday it discontinueddiscounting interruptible transportation early this year, but saidits action was primarily due to its new status as “swing supplier”of California-bound transportation – a position that it says givesit free reign to charge maximum IT rates.