Stay Sought of NE Projects if Rehearing Denied

If FERC should deny rehearing of the interim order approvingIndependence Pipeline and the MarketLink expansion, Texas EasternTransmission (Tetco) has asked for a stay of the projects pendingjudicial review.

January 26, 2000

EOG Income Slashed by Weak Prices

Enron Oil & Gas Co. (EOG) 1998 net income was less than halfwhat it was in 1997, which could be considered additional evidencethe company really is considering an “unsolicited offer” to buy thecompany.

January 20, 1999

Vector Gets Preliminary Green Light from FERC

The 1 Bcf/d Vector Pipeline project won preliminary approval onnon-environmental grounds from FERC yesterday. The Commission saidno evidence was produced to demonstrate the Midwest project, whichwould link the Chicago, IL, and Dawn, ON, gas transportation hubs,was not required by the public convenience and necessity.

October 15, 1998

FERC Staff: Power Market Wasn’t Manipulated

A staff team of the Federal Energy Regulatory Commission said itfound no “direct evidence” that market manipulation contributed tothe spike in electricity prices in the Midwest market last June,but it did uncover some questionable practices. Moreover, itconcluded that the pricing turmoil was a rare event that wouldn’tlikely occur again.

September 24, 1998

NGC Growing Strong CA Presence

NGC Corp. touted several recent developments as evidence of itsstrong position in the California electricity marketplace.

April 20, 1998
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