Giant

If at first you don’t succeed, try, try again. After being rebuffed in its first bid for Baltimore-based Constellation Energy in mid-October, European electricity giant Electricité de France S.A. (EDF) is attempting an end-around as subsidiary EDF International proposes to acquire through a joint venture a 50% ownership interest in Constellation’s nuclear generation and operation business for $4.5 billion.

The competition to acquire Constellation Energy Group officially ended last Wednesday after global power producing giant Electricite de France (EDF) said it will not revise its current offer, but that it will continue its objective of developing new nuclear plants in the United States. Also last week, Constellation and MidAmerican Energy Holdings filed their merger plan with FERC and MidAmerican made a pitch to the Maryland Public Service Commission about the benefits of a union.

The competition to acquire Constellation Energy Group officially ended Wednesday after global power producing giant Electricite de France (EDF) said it will not revise its current offer, but that it will continue its objective of developing new nuclear plants in the United States.

Electricite de France (EDF) is buying Eagle Energy Partners from bankrupt Lehman Brothers Holdings Inc., EDF Trading, a subsidiary of the French utility giant, said on Monday. Eagle’s future has been in question since the company was excluded from a recent deal in which Barclays Capital Inc. acquired Lehman Brothers Inc. for $1.75 billion.

Southern California Gas extended Saturday’s high-linepack OFO through Sunday before allowing it to expire Monday. The giant LDC also reported beginning replacement Monday of the power head on compressor Unit #5 at its Aliso Canyon storage facility. The work is expected to end Wednesday.

Feeling the pinch as energy, feedstock and transportation costs continue to rise at staggering rates, chemical manufacturing giant Dow Chemical Co. said that as of June 1 it will raise the price of all of its products by up to 20% — depending on their exposure to the various rising costs — and will review all terms to all customers.

BP America, the U.S. arm of the global energy giant, plans to contribute $1.1 million to fund a housing assistance project in La Plata County, CO. BP is the leading natural gas producer in the county, which is located in the San Juan Basin.

BP America, the U.S. arm of the global energy giant, plans to contribute $1.1 million to fund a housing assistance project in La Plata County, CO. BP is the leading natural gas producer in the county, which is located in the San Juan Basin.

FERC on Thursday took a giant step backward with its new proposal governing the conduct of natural gas pipelines and electric transmission providers and their marketing affiliates.