The U.S. House Wednesday is scheduled to begin debating a resolution that expresses its opposition to efforts by major natural gas exporting countries to form a cartel or other mechanism to manipulate the supply of gas and its price to the world market.
Articles from Expresses
DTE Energy Expresses Interest in Buying FirstEnergy Ohio Plants
DTE Energy has made a non-binding bid in response to FirstEnergy Corp.’s placing a ‘for sale’ sign in front of four of its predominantly coal-fired power plants in Ohio, after a deal to sell those assets to NRG Energy Inc. collapsed over the summer, a spokesperson for DTE Energy told NGI last Wednesday.
Wood Expresses Satisfaction with CA Power Contract Settlements
FERC Chairman Pat Wood last Thursday said that he wasn’t disappointed with the number of settlements that were recently reached between several power suppliers and California over disputed high-priced contracts signed by the state during the 2000-2001 western energy crisis.
Dynegy, Mirant Warn Shareholders of Tender Offer’s Pitfalls
Dynegy Inc. on Wednesday told shareholders that “it is in no way associated with Main Street AC and expresses no recommendation on the unsolicited offer,” while Mirant recommended its shareholders not sell any stock to the San Diego-based company that offered to pay cash for 4.9% of the energy merchants Tuesday, as well as Aquila Inc. and Reliant Resources Inc. (see Daily GPI, Sept. 4).
FERC’s Hoecker Expresses Interest in ANGTS Project
The energy industry’s revived interest in the dormant AlaskaNatural Gas Transportation System (ANGTS) has caught the attentionof FERC Chairman James Hoecker.