Sempra Energy, PG&E Corp. and Proxima Gas SA de CV announcedMonday a three-way effort to build and operate a $230 million,212-mile natural gas pipeline to serve the rapidly growing energyloads in the southern end of California and the northern tip ofBaja along the U.S.-Mexico border. The principal target market isnew and existing electric generating plants and “otherenergy-intensive industries” in northern Baja, the sponsors said.
Effort
Articles from Effort
PA Utility Asks Regulators to Raise Gas Supply Charge
In an effort to recover escalating gas costs, PPL Utilities ofAllentown, PA, has asked Pennsylvania regulators to increase thegas supply charge for customers served by its two gas distributors- PFG Gas Inc. and North Penn Gas Co.
May 15, 2000
Southern Site Targets Business Customers
In the most recent effort to expand its Internet presence, SouthernCompany is launching an online energy and cost management informationsystem, www.EnergyDirect.com. The site is the company’sfirst Internet offering created expressly for all business customers.
April 28, 2000
Tax Credits for Producers Sought on Capitol Hill
In an effort to reduce U.S. dependence on foreign oil, Sen. KayBailey Hutchison (R-TX) introduced legislation last week that wouldoffer tax credits to domestic producers of marginal oil and naturalgas wells. Although the credits would not become effective untilthe prices of oil and gas fell significantly, they would provide asort of financial safety net to encourage marginal well producersto reopen shut-in wells in the face of a volatile market.
March 27, 2000
Yukon Government to Lobby Alaska Pipeline
Foothills Pipe Lines Ltd. has recruited an early ally for itseffort to revive the dormant Alaska Natural Gas TransportationSystem — the government of Canada’s Yukon Territory.
March 13, 2000
Yukon Government Reopens Mega-Pipeline Case
Foothills Pipe Lines Ltd. has recruited an early ally for itseffort to revive the dormant Alaska Natural Gas TransportationSystem — the government of Canada’s Yukon Territory.
March 13, 2000
Texaco Sheds $161M in TX and Midwest Assets
As part of its portfolio rationalization effort, Texaco saidlast week that it has agreed to sell $161.1 million worth ofsouthwestern and Midcontinent properties to Bargo Energy. Theeffective date of the purchase was Jan. 1, 2000 and closing isexpected to occur late in the first quarter of this year.
February 28, 2000
Buccaneer Signs Offshore Construction Help
In its effort to meet the challenge of building a pipeline offthe Florida coast, Buccaneer Pipeline project sponsors saidyesterday they signed Saipem Inc./European Marine Contractors Ltd.,a recognized leader in deepwater pipeline construction.
February 28, 2000
LG&E to Cut 250 Jobs, Streamline Merged Utility Divisions
LG&E Energy said it plans to reduce its 5,500-employeeworkforce by 250 positions (5%) over the next few months in aneffort to streamline and further integrate its two utilityoperations, Louisville Gas and Electric and Kentucky Utilities.Enhanced early retirement and severance programs will be offered tocompany employees to achieve the reduction. The company hopes toachieve these reductions through voluntary means and will useinvoluntary separation only as a last resort.
February 28, 2000
Texaco Sheds $161M in TX and Midwest Assets
As part of its portfolio rationalization effort, Texaco saidyesterday that it has agreed to sell $161.1 million worth ofsouthwestern and Midcontinent properties to Bargo Energy. Theeffective date of the purchase is January 1, 2000 and closing isexpected to occur late in the first quarter of this year.
February 25, 2000
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