Downstream

Adams Resources Adds New England Market

Houston-based Adams Resources & Energy, Inc. is expandingits natural gas business, setting up a downstream office inProvidence, RI to market to industrial and commercial customers.

September 13, 2000

Transportation Notes

Florida Gas Transmission has reduced the Maximum AllowableOperating Pressure (MAOP) of its 22-inch mainline downstream ofStation 4. As a result, capacity through Station 4 will drop to 160MMcf/d effective today. The pressure cut is in response to a linebreak last month near Station 4 (see Daily GPI, d20000623j.html”>June23), a spokesman said. FGT still had an Overage Alert Day noticeissued last Wednesday (see Daily GPI, July13) in effect Monday until further notice.

July 18, 2000

Transportation Notes

Union Gas Storage & Transportation Services is holding anopen season on long-term firm transportation for upstream,downstream and bundled options through Sept. 1. With the openseason results, Union Gas plans to request an expansion of itsoperations to the Ontario Energy Board later this year. All bidsand/or requests for services have to be received by 5 p.m. Sept. 1.Contact Scott Hubert at (519) 358-4012 for information.

July 7, 2000

Transportation Notes

Transwestern’s Bisti Compressor Station, located downstream ofthe Bloomfield Compressor Station on the San Juan lateral will bedown for unplanned maintenance Wednesday and Thursday. San JuanLateral Capacity will be approximately 700,000 MMBtu/d. Monitor thepipeline’s web site for updates.

April 18, 2000

Transportation Notes

Tennessee is reinstating service constraints downstream ofStation 325 (Libertyville, NJ) in Zones 5 and 6 (see Daily GPI,Dec. 21) effective today.

December 22, 1999

AES Enters Retail Gas and Electric Arenas

AES Corp., a major electric generation and distribution company, continued to shift its focus onto downstream operations by forming a new subsidiary, Power Direct, to compete for electricity and natural gas retail customers in U.S. markets. Power Direct already is licensed to sell electricity in New Jersey and anticipates the receipt of a license in Pennsylvania by the end of August. The company plans to begin marketing in those states in the near future.

August 30, 1999

AES Enters Retail Gas and Electric Arenas

AES Corp., a major electric generation and distribution company,continued to shift its focus onto downstream operations by forminga new subsidiary, Power Direct, to compete for electricity andnatural gas retail customers in U.S. markets, the company saidyesterday. Power Direct is already licensed to sell electricity inNew Jersey and anticipates the receipt of a license in Pennsylvaniaby the end of August. The company plans to begin marketing in thosestates in the near future.

August 25, 1999

Merger Week in Energy Ends with Four New Deals

Merger fever swept through the downstream sector of the energy industry last week with four new combinations announced and three others approved by FERC. It was one of the hottest weeks yet for corporate marriages and many observers still believe it’s only the beginning.

June 21, 1999

CMS Adds Midstream and Downstream Assets

CMS Gas Transmission and Storage Co., the new pipeline division of the Michigan utility, continued to grow last week as its subsidiary CMS Continental Natural Gas purchased Anson Gas Marketing and the Midcontinent Gas Pipeline from Chesapeake Energy Marketing. Terms of the transaction were not disclosed.

June 14, 1999

CMS Adds Midstream and Downstream Assets

CMS Gas Transmission and Storage Co. continued its activitybinge Wednesday as its subsidiary CMS Continental Natural Gaspurchased Anson Gas Marketing and the Midcontinent Gas Pipelinefrom Chesapeake Energy Marketing. Terms of the transaction were notdisclosed.

June 10, 1999
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