Baker Hughes Inc. and Halliburton Co. said last week they have received civil investigation demands (CID) from the Department of Justice (DOJ) to provide documents and information on their pressure pumping businesses.
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Antitrust Probe of Pressure Pumping Leaders Expands
Baker Hughes Inc. and Halliburton Co. said they have received civil investigation demands (CID) from the Department of Justice (DOJ) to provide documents and information on their pressure pumping businesses.
Utility Watchdog Smells Scandal in Peoples Energy-Enron Relationship
“Peoples Energy: Anatomy of a Scandal” is the title of an elaborate diagram Chicago-based watchdog group Citizens Utility Board (CUB) has posted on its web site. The diagram graphically depicts how Peoples Gas allegedly forced Illinois ratepayers into paying “sky-high” gas prices in winter 2000-2001 while its parent company reaped profits with an alleged partner in crime, Enron Corp, through a joint venture called Enovate.
Utility Watchdog Smells Scandal in Peoples Energy-Enron Relationship
“Peoples Energy: Anatomy of a Scandal” is the title of an elaborate diagram Chicago-based watchdog group Citizens Utility Board (CUB) has posted on its web site. The diagram graphically depicts how Peoples Gas allegedly forced Illinois ratepayers into paying “sky-high” gas prices in winter 2000-2001 while its parent company reaped profits with an alleged partner in crime, Enron Corp, through a joint venture called Enovate.
New Western-KCPL Deal Would Spawn Electric Co.
A new step was added Thursday to the elaborate tango of WesternResources and Kansas City Power & Light as the companiescontinue their attempt at a union. Western and Kansas City Power& Light (KCPL) restructured their merger agreement, forming anew electric company. The new company-to be named WestarEnergy-will be headquartered in Kansas City, MO, and traded on theNew York Stock Exchange. The announcement met with early approvalfrom at least one analyst.