Discussion

PG&E Merchant Unit Extends N. Baja Open Season (Again)

Citing more discussion on the Mexican side of the border including its partner, San Diego-based Sempra Energy, PG&E Corp.’s National Energy Group (NEG) for the second time last week extended an open season on capacity on the 500 MMcf/d, 220-mile North Baja natural gas transmission pipeline. The open season previously had been extended until the end of last month, and they NEG indicated last week it now will run to the end of July.

July 8, 2003

New NW Natural Gas Transmission Pipeline to Get Conditional Okay

Following three days of hearings and discussion, the Oregon Energy Facility Siting Council recently gave a heavily conditioned approval on a final route for a proposed $94 million Northwest Natural Gas Co. 24-inch diameter transmission pipeline.

March 17, 2003

New NW Natural Gas Transmission Pipeline to Get Conditional Okay

Following three days of hearings and discussion last week, the Oregon Energy Facility Siting Council on Friday gave a heavily conditioned approval on a final route for a proposed $94 million Northwest Natural Gas Co.24-inch diameter transmission pipeline.

March 11, 2003

Raymond James Sees Winter Production Down 3.5 Bcf/d from Last Year

There has been much discussion of the stall in gas-directed drilling in the United States despite expectations of higher prices going forward, but gas drilling also has failed to gain momentum in Canada, Raymond James analysts noted in their “Stat of the Week” equity research report. The analysts predict Canadian gas production and U.S. gas imports will fall by about 500 MMcf/d or 2-3% this winter compared to last winter.

September 16, 2002

Raymond James Sees Winter Production Down 3.5 Bcf/d from Last Year

There has been much discussion of the stall in gas-directed drilling in the United States despite expectations of higher prices going forward, but gas drilling also has failed to gain momentum in Canada, Raymond James analysts noted in their “Stat of the Week” equity research report. The analysts predict Canadian gas production and U.S. gas imports to fall by about 500 MMcf/d or 2-3% this winter compared to last winter.

September 10, 2002

Enron’s Skilling Calls Rumors Only Noise

Prefacing an hour-long discussion with investors on Friday,Enron Corp. COO Jeffrey Skilling said the rumors about theHouston-based energy giant, which have sent the company’s stockspiraling to a 52-week low, are mostly “noise,” with no basis infact. Skilling, who said his comments would be “short and sweet,”reiterated more than once that business from all four sectors is in”great shape.”

April 27, 2001

Industry Briefs

Chairman Joe Barton (R-TX) was expected to send out a “discussion draft” of his widely anticipated emergency legislation for California to members of the House Energy and Air Quality Subcommittee late yesterday, which means that it’s “still very open to change,” said Barton press aide Samantha Jordan. While “it’s more likely than not” that Barton will introduce a bill to aid California, “it’s not definite.” If he decides in favor of legislation, she said he will probably come out with it in late April after the congressional recess. Barton would then hold one hearing on the bill and move quickly to mark-up. Barton also is hoping to unveil omnibus energy legislation in the House by late May or early June, Jordan noted, and forward it to the White House by early fall.

April 6, 2001

Enron’s Skilling Calls Rumors Only Noise

Prefacing an hour-long discussion with investors on Friday, Enron Corp. COO Jeffrey Skilling said the rumors about the Houston-based energy giant, which have sent the company’s stock spiraling to a 52-week low, are mostly “noise,” with no basis in fact. Skilling, who said his comments would be “short and sweet,” reiterated more than once that business from all four sectors is in “great shape.”

March 26, 2001

Coral Energy Assets Tapped By Shell/Bechtel

While an agreement is still under discussion and nothing hasbeen finalized, a Coral Energy official confirmed Friday thatparent company Royal Dutch/Shell and U.S. construction giantBechtel Enterprises will fold InterGen, InterGen North America andcertain assets of Coral Energy into one business.

July 10, 2000

Coral Energy Assets to be Tapped for Shell-Bechtel Venture

While an agreement is still under discussion and nothing hasbeen finalized, a Coral Energy official confirmed Friday thatparent company Royal Dutch/Shell and U.S. construction giantBechtel Enterprises will fold InterGen, InterGen North America andcertain assets of Coral Energy into one business.

July 10, 2000