Federal review of all future energy mergers for compliance with antitrust laws will rest entirely with the Federal Trade Commission (FTC), according to a memorandum of agreement (MOA) worked out between the FTC and the Department of Justice’s antitrust division.
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Republicans, Daschle Spar on Opening Day of Senate Energy Bill
In his opening volley to the Senate debate on energy legislation, Sen. Frank Murkowski (R-AK) said Senate Majority Tom Daschle (D-SD) will be entirely to blame if controversial proposals to open the Arctic National Wildlife Refuge (ANWR) to oil and natural gas drilling go up in flames.
NJ Added to the List of Free Choice States
Joining a short list of other states, New Jersey opened upentirely to gas supplier choice earlier last week. At a specialmeeting on Jan. 10, the Board of Public Utilities (BPU) approved ofeach of the state’s four main gas utilities’ unbundling plans. Thelegislation calling for this deregulation was enacted lastFebruary.
NJ Added to the List of Free Choice States
Joining a short list of other states, New Jersey opened upentirely to gas supplier choice earlier this week. At a specialmeeting on Jan. 10, the Board of Public Utilities (BPU) approved ofeach of the state’s four main gas utilities’ unbundling plans. Thelegislation calling for this deregulation was enacted lastFebruary.
PG&E Sells Australian Assets to Duke
In a move to renew PG&E Corp.’s focus entirely on NorthAmerican markets, the utility holding company sold its natural gastransmission pipeline, related facilities and energy tradingoperations in Queensland, Australia to Duke Energy International,LLP.