Hand

Shareholder approvals in hand, Dallas-based Pioneer Natural Resources Co. and Evergreen Resources Inc. last week completed their $2.1 billion merger. Evergreen, which will keep its Denver offices as a base of operations for Rocky Mountain operations, is now a Pioneer subsidiary.

Shareholder approvals in hand, Dallas-based Pioneer Natural Resources Co. and Evergreen Resources Inc. on Tuesday completed their $2.1 billion merger. Evergreen, which will keep its Denver offices as a base of operations for Rocky Mountain operations, is now a Pioneer subsidiary.

“The concept of an energy day is at hand,” FERC Chairman Pat Wood told the annual meeting of the North American Energy Standards Board (NAESB) last Tuesday, charging the group with developing a standardized “day” to enable the natural gas and electric systems to work well together.

“The concept of an energy day is at hand,” FERC Chairman Pat Wood told the annual meeting of the North American Energy Standards Board (NAESB) Tuesday, charging the group with developing a standardized “day” to enable the natural gas and electric systems to work well together.

Trying to meet analysts expectations for quarterly performance has gotten so far out of hand that it’s causing energy executives to make unsound business decisions, said the former head of Denver-based Tom Brown Inc.

Dynegy Inc. blew away analysts’ forecasts on Wednesday, reversing a year-ago second quarter loss on the strength in its power generation and natural gas liquids (NGL) businesses. The Houston-based company, which had teetered toward bankruptcy two years ago, also improved its full-year outlook by settling four natural gas transportation contracts.

A group of natural gas producers and marketers, and East-of-California shippers have asked FERC to reject a tariff proposal in which El Paso Natural Gas seeks to establish procedures for reserving capacity for future pipe expansions, calling the proposal “premature” in light of all of the unresolved capacity-related cases that the pipeline is involved at the Commission.

A group of natural gas producers and marketers, and East-of-California shippers have asked FERC to reject a tariff proposal in which El Paso Natural Gas seeks to establish procedures for reserving capacity for future pipe expansions, calling the proposal “premature” in light of all of the unresolved capacity-related cases that the pipeline is involved at the Commission.

Former Enron Corp. Chairman Kenneth Lay on Friday agreed to hand over, within three days, more than 870 pages of what he terms “personal” correspondence to the Securities and Exchange Commission (SEC), just moments before the commission was set to argue the case in a Washington, DC federal courtroom.