Growing

Southern Constructing New Plant in Michigan

To assist in the growing demand for electricity in the upperMidwest, Southern Energy Inc. plans to begin construction thismonth of a natural gas-fired plant in Zeeland, MI that will useadvanced natural gas combined-cycle technology and state-of-the-artemission control equipment. Commercial operations are expected tobegin in June 2001, with an initial 300 MW of capacity. Anadditional 530 MW will begin commercial operation by June 2003.

May 12, 2000

Canada’s East Coast Gas Industry Growing

The East Coast of Canada, now one of the hot spots for new oiland gas exploration and development in the world, could”definitely” be a part of the solution to New England’s energyneeds, Premiers John Hamm of Nova Scotia and Brian Tobin ofNewfoundland and Labrador told attendees at the Offshore TechnologyConference in Houston last week.

May 8, 2000

Canada’s East Coast Gas Industry Growing

The East Coast of Canada, now one of the hot spots for new oiland gas exploration and development, could “definitely” be a partof the solution to New England’s energy needs, Premiers John Hammof Nova Scotia and Brian Tobin of Newfoundland and Labrador toldattendees at the Offshore Technology Conference in Houstonyesterday.

May 3, 2000

Reliant Signs Its Largest Gas Sales Agreement

In the largest supply deal of its growing unregulated portfolio,Reliant Energy Retail Group announced yesterday it has inked ClarkRefining & Marketing’s Port Arthur, TX, hydrogen complex to along-term supply deal worth a potential 43.8 Bcf/year.

May 2, 2000

MMS Calls For ‘Robust’ Gulf Drilling

If the Minerals Management Service (MMS) is correct, the Gulf ofMexico has a growing role to play in meeting the nation’s demandfor natural gas. The agency presented results of a study evaluatingthe role of the federal Outer Continental Shelf (OCS) in supplyingfuture U.S. gas demand at a symposium held in Houston last week.

May 1, 2000

Dynegy: Free Market Key to More Generation

Rising temperatures again will mean growing tightness in powermarkets across the country this summer. While industry players havemore experience dealing with shortages and constraints, a trulyefficient market with ample power supply depends upon regulators,according to industry executives.

April 10, 2000

El Paso Buying Oneok Processing Plant

El Paso Field Services continued its strategy of growingshort-term earnings in its midstream business while working tosecure long-term strategic gas supply for its affiliated pipeline,El Paso Natural Gas.

March 6, 2000

Amerex Growing Volumes Through BTU Buy

Houston-based Amerex Natural Gas Inc. and sister company AmerexPower Inc. together bought the gas and electricity brokeragebusinesses of Houston-based BTU Brokers Ltd. for an undisclosedprice. As a result, Amerex’s daily average of physical and papergas deals grew 12.4% to $287 million, and physical and paper powerdeals increased 5% to $175 million for a combined annual value of$121 billion in gas and power deals.

March 6, 2000

BP Amoco Buying Another Third of Destin

BP Amoco exercised its right of first refusal to buy SouthernNatural Gas Co.’s one-third interest in the Destin Pipeline,growing its share to two-thirds. Tejas Destin LLC holds theremainder.

March 1, 2000

Amerex Growing Volumes Through BTU Buy

Houston-based Amerex Natural Gas Inc. and sister company AmerexPower Inc. together bought the gas and electricity brokeragebusinesses of Houston-based BTU Brokers Ltd. for an undisclosedprice. As a result, Amerex’s daily average of physical and papergas deals grew 12.4% to $287 million, and physical and paper powerdeals increased 5% to $175 million for a combined annual value of$121 billion in gas and power deals.

February 29, 2000