Embattled

Looking to better focus on its core utility businesses and keep its head above water at the same time, NorthWestern Corp. announced that it has completed the sale of its Expanets communications services unit to Avaya, Inc. for $152 million in cash.

Looking to better focus on its core utility businesses and keep its head above water at the same time, NorthWestern Corp. announced that it has completed the sale of its Expanets communications services unit to Avaya, Inc. for $152 million in cash.

Embattled Enron Corp. has decided to keep its interstate natural gas pipelines and intends to form a new company to oversee the assets, the company’s interim CEO Stephen Cooper said last Wednesday.

Embattled Enron Corp. has decided to keep its interstate natural gas pipelines and intends to form a new company to oversee the assets, the company’s interim CEO Stephen Cooper said Wednesday.

The scandal-ravaged natural gas and electricity industries have hit bottom and are now in a recovery mode, said the head of the Committee of Chief Risk Officers (CCRO) last Wednesday.

The scandal-ravaged natural gas and electricity industries have hit bottom and are now in recovery mode, said the head of the Committee of Chief Risk Officers (CCRO) Wednesday.

Embattled CMS Energy welcomed in the New Year with more bad news for its employees — it plans to shut down its natural gas and electricity trading operations in Houston in early 2003.

Embattled CMS Energy is welcoming in the New Year with more bad news for its employees — it plans to shut down its natural gas and electricity trading operations in Houston in early 2003.

Embattled El Paso Corp. reported Friday that it closed out the third quarter in the red, and will begin winding down its ailing energy trading business in an effort to resuscitate the company.