The Federal Trade Commission (FTC) last week asked El PasoEnergy and the Coastal Corp. to pony up with more informationregarding their proposed merger. The companies confirmed therequest but wouldn’t say what the FTC is seeking. The commissionwould not comment, saying the case is ongoing. Analyst speculationwas that the FTC is looking at the companies combined power in theGulf of Mexico.
Energy
Articles from Energy
FTC Takes Closer Look at El Paso-Coastal
The Federal Trade Commission (FTC) has asked El Paso Energy andthe Coastal Corp. to pony up with more information regarding theirproposed merger. The companies confirmed the request but wouldn’tsay what the FTC is seeking. The commission would not comment,saying the case is ongoing.
March 10, 2000
ANR Continues Pursuit of Wisconsin Markets
A week after receiving Federal Energy Regulatory Commission(FERC) approval of the first phase of its Wisconsin 2000 ExpansionProject, Coastal’s ANR Pipeline announced plans to continueexpanding its pipeline given sufficient market demand.
March 2, 2000
ANR’s Scaled-Back WI Expansion Gets FERC Nod
The Federal Energy Regulatory Commission last week awarded ANRPipeline a certificate to build a scaled-back expansion of itsmainline system between the Joliet, IL, hub and the market areas insouthwestern Wisconsin.
February 28, 2000
ANR’s WI Expansion Gets FERC Nod
The Federal Energy Regulatory Commission yesterday awarded ANRPipeline a certificate to build a scaled-back expansion of itsmainline system between the Joliet, IL, hub and the market areas insouthwestern Wisconsin.
February 24, 2000
Texaco, Enron Join Forces in Louisiana
In a move that brings together two of the energy industry’s800-pound gorillas, Texaco and Enron North America announced lastweek they are combining their Louisiana pipeline and storage assetsin a new joint venture called Bridgeline Holdings LP.
February 21, 2000
Producer Quartet Makes Deep-Water Discovery
Pioneer Natural Resources Co. of Dallas, Mariner Energy ofHouston, CNG Producing of New Orleans and Westport Oil and Gasparticipated in a deep-water Gulf of Mexico discovery on theDevil’s Tower Prospect in Mississippi Canyon 773, about 140 milessoutheast of New Orleans in 5,610 feet of water. A Pioneerspokesperson said the partners agreed to not disclose the type ofhydrocarbons discovered.
February 21, 2000
SoCalGas Settlement Talks Widened, Extended
Belatedly, the California Energy Commission (CEC) is getting inits two-cents-worth in the state’s remaining gas settlement talksfocused on Southern California Gas Co. The overall thrust of theremaining talks should be to unbundle more, limit the monopolyutilities’ roles, and establish user fees so that only customerswho use certain services pay for them, the CEC has suggested,mirroring stances it has taken in electric restructuringproceedings.
February 21, 2000
DOE’s Richardson Wants More NE Gas Pipes
A new Department of Energy (DOE) report is expected to show morenatural gas pipelines are needed to the Northeast. Secretary BillRichardson earlier this week pledged to seek Congressional help inthis area in order to reduce the region’s historic dependence onhigher-priced heating oil.
February 18, 2000
SoCalGas Settlement Talks Widened, Extended;
Belatedly, the California Energy Commission (CEC) is getting inits two-cents-worth in the state’s remaining natural gas settlementtalks focused on Southern California Gas Co. which resumed Tuesdayin Los Angeles. A regulatory proceeding earlier in the monthbroadened the scope of the talks at the same time concludingsimilar negotiations centered on Pacific Gas and Electric Co.’snatural gas system in the northern half of the state.
February 16, 2000
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