George

New York Gov. George Pataki and Attorney General Eliot Spitzer last week unveiled agreements with NRG Energy, AES Corp. and New York State Electric and Gas Corp. (NYSEG) that will cut emissions from six upstate coal-fired power plants, including the state’s two largest-polluting power plants. Niagara Mohawk (NiMo), previous owner of several of the plants, is also be affected by the settlements.

FERC Chairman Pat Wood on Thursday fielded several questions about whether he expects to be picked by President Bush for a second term when his current term as chairman and commissioner expires in June 2005.

FERC Chairman Pat Wood on Thursday fielded several questions about whether he expects to be picked by President Bush for a second term when his current term as chairman and commissioner expires in June 2005.

If President George W. Bush wins a second term, it’s “more likely” the standoff in the Senate over the comprehensive energy bill will be resolved “sooner rather than later,” according to a key gas industry lobbyist. But the White House occupant “is not the pivotal issue” when it comes to passing energy legislation, countered Charles Swab analyst Christine Tezak. The “incredibly thinly divided Senate” is the key factor.

If President George W. Bush wins a second term, it’s “more likely” the standoff in the Senate over the comprehensive energy bill will be resolved “sooner rather than later,” according to a key gas industry lobbyist. But the White House occupant “is not the pivotal issue” when it comes to passing energy legislation, countered Charles Swab analyst Christine Tezak. The “incredibly thinly divided Senate” is the key factor.

In the first major action since George A. Schreiber, former chairman of Credit Suisse First Boston’s Global Energy Group, took over as Semco Energy’s new president and CEO in March, the local gas distribution company announced Thursday that it was suspending its $0.075 per share dividend effective immediately in an effort to strengthen its balance sheet, improve its credit rating and fund future growth.

In the first major action since George A. Schreiber, former chairman of Credit Suisse First Boston’s Global Energy Group, took over as Semco Energy’s new president and CEO in March, the local gas distribution company announced Thursday that it was suspending its $0.075 per share dividend effective immediately in an effort to strengthen its balance sheet, improve its credit rating and fund future growth.

Charles Fox, deputy chief of staff for New York Gov. George Pataki, last Thursday disclosed that the state will soon issue regulations detailing the framework on how to site liquefied natural gas (LNG) facilities in the Empire State.

Charles Fox, deputy chief of staff for New York Gov. George Pataki, on Thursday disclosed that the state will soon issue regulations detailing the framework on how to site liquefied natural gas (LNG) facilities in the Empire State.