Focusing

KeySpan Corp., focusing on its regulated activities in the East, currently is working on the tax aspect of a plan to divest its remaining 56% interest in Houston Exploration Co., an independent E&P company operating in the U.S. with 94% of its reserves in natural gas.

KeySpan Corp., focusing on its regulated activities in the East, currently is working on the tax aspect of a plan to divest its remaining 56% interest in Houston Exploration Co., an independent E&P company operating in the U.S. with 94% of its reserves in natural gas.

Continuing with its plan of focusing on core assets, Duke Energy Field Services (DEFS) on Friday signed two separate purchase and sale agreements by which it will sell one package of assets in Mississippi, Texas, Alabama and Louisiana to Crosstex Energy Services LP. and a second package of assets in eastern Oklahoma to ScissorTail Energy LLC.

Continuing with its plan of focusing on core assets, Duke Energy Field Services (DEFS) on Friday signed two separate purchase and sale agreements by which it will sell one package of assets in Mississippi, Texas, Alabama and Louisiana to Crosstex Energy Services LP. and a second package of assets in eastern Oklahoma to ScissorTail Energy LLC.

At least five former Enron Broadband employees were named in a sealed indictment filed in federal court Tuesday, sources told the Houston Chronicle. Reporters were barred from the grand jury investigation, but sources indicated that charges would be made in connection with statements made at an analyst meeting in 2000 that may include insider trading, stock fraud and money laundering.

Duke Energy continued its organizational restructuring Tuesday, focusing on its pipeline and storage group, Duke Energy Gas Transmission (DEGT) and splitting it continent-wide into eastern and western divisions.

FERC Chairman Pat Wood would like to see confidence in published gas price indices restored, but he is open to suggestions as to how that should be accomplished, he told reporters recently.

FERC Chairman Pat Wood would like to see confidence in published gas price indices restored, but he is open to suggestions as to how that should be accomplished, he told reporters recently.

Constellation Energy is focusing on “getting the simple things right,” Chairman Mayo A. Shattuck said, reporting that the parent of Baltimore Gas & Electric would be building customer-oriented services, including risk management, onto its expanding customer base. “We’re managing our way through the turbulent energy markets as well as any company in industry.”