Group

Producers: OCS Jurisdiction Turns on Legal Issue

A group of producers and marketers said it backs the “general[policy] objectives” on offshore regulation that were espoused lastmonth by Energy Secretary Bill Richardson in a letter to FERC, butstresses that debate over the “key issue” of the jurisdictionalstatus of offshore natural gas pipelines involves “a legal, not apolicy” matter.

March 23, 1999

Enron Inks Gas Deal Through Nonprofit Group

Enron Capital and Trade Resources currently is negotiating adeal with a Lincoln, NE-based nonprofit joint power agency to sellit wholesale bulk, multi-year gas supplies so the agency can inturn sell them at below-market prices to municipal utilities inCalifornia and other states. Brokered through the American PublicEnergy Agency (APEA), supplies would be paid for in advance atdiscounted prices using the APEA tax-exempt financing capability.

March 22, 1999

INGAA, EEI Back Conference on Northeast Gas Demand

The leaders of a major pipeline association and a key electricutility group jointly have expressed their support for FERC toconvene a conference “in the near future” to assess post-2000natural gas demand in the Northeast and the need for new pipelinecapacity to serve customers, particularly power generators, in thatmarket. Meanwhile, a new study sees no need for new capacity to theNortheast until 2004 (See related story this issue).

March 22, 1999

Enron Inks Gas Deal through Nonprofit Group

Enron Capital and Trade Resources currently is negotiating adeal with a Lincoln, NE-based nonprofit joint power agency to sellit wholesale bulk, multi-year gas supplies so the agency can inturn sell them at below-market prices to municipal utilities inCalifornia and other states. Brokered through the American PublicEnergy Agency (APEA), supplies would be paid-for in advance atdiscounted prices using the APEA tax-exempt financing capability.

March 18, 1999

INGAA, EEI Back Conference on Northeast Gas Demand

The leaders of the a major pipeline association and a keyelectric utility group jointly have expressed their support forFERC to convene a conference “in the near future” to assesspost-2000 natural gas demand in the Northeast and the need for newpipeline capacity to serve customers, particularly powergenerators, in that market.

March 17, 1999

Marketing Losses, Warm Temps Trouble Columbia

A strong performance by Columbia Energy Group’s transmission,distribution, and exploration and production operations last yearin spite of 17% warmer than normal weather and lower commodityprices was significantly tainted by several major blunders in itsenergy marketing operations.

February 15, 1999

Columbia’s Richard Sees Changing M&A Market

When assessing the market of an acquisition target, allcustomers are not equal, Columbia Energy Group Chairman Oliver G.Richard told a merger and acquisition symposium this week.

February 4, 1999

Columbia’s Richard Sees M&A Changes

When assessing the market of an acquisition target, allcustomers are not equal, Columbia Energy Group Chairman Oliver G.Richard told a merger and acquisition symposium this week.

February 3, 1999

Bypass Fight Looming in Tennessee

The Tennessee Oil and Gas Association (TOGA), which representsoil and gas producers in the state, is gearing up to fight a groupof gas utility districts over the definition of what constitutes”retail distribution.”

January 29, 1999

Supreme Court Takes on Coal-Seam Gas Case

The U.S. Supreme Court announced Friday it will resolve a civilcourt case between a group of oil companies, headed by BP AmocoProduction Co., and the Southern Ute Indian Tribe over rights androyalties to natural gas produced from coal in the San Juan Basin.The Supreme Court will hear arguments in April with a decision dueby the end of June.

January 25, 1999