Hopes

Dynegy Inc. hopes to redeem itself with a conference call Tuesday to discuss its latest Securities and Exchange Commission filings, which include Form 10-Q on third quarter earnings, as well as Form 8-K, an unaudited restatement of financials from January 1999 through December 2001.

A standard market design (SMD) for U.S. power markets, which FERC is set to unveil for comments next week, will hopefully go a long way in offering clear “rules of the road” to energy market participants nervous about whether they will be able to recoup money they put into the development of new generation assets, FERC Chairman Pat Wood told federal lawmakers on Wednesday.

FERC Chairman Pat Wood last Wednesday told federal lawmakers his agency hopes to be able to hand over to Congress in the next two weeks an interim report on the status of its five-month investigation into allegations that suppliers manipulated natural gas and electricity prices in California and other western energy markets.

FERC Chairman Pat Wood on Wednesday told federal lawmakers his agency hopes to be able to hand over to Congress in the next two weeks an interim report on the status of its five-month investigation into allegations that suppliers manipulated natural gas and electricity prices in California and other western energy markets.

FERC Chairman Pat Wood on Wednesday told federal lawmakers his agency hopes to be able to hand over to Congress in the next two weeks an interim report on the status of its five-month investigation into allegations that suppliers manipulated natural gas and electricity prices in California and other western energy markets.

Interior Secretary Gale Norton has dashed any industry hopes that the Bush administration might consider restoring the pared-down eastern Gulf of Mexico Lease Sale 181 to its original larger size in the wake of the Sept. 11 terrorist attacks on the nation.

Interior Secretary Gale Norton on Friday dashed any industry hopes that the Bush administration might consider restoring the pared-down eastern Gulf of Mexico Lease Sale 181 to its original larger size in the wake of the Sept. 11 terrorist attacks on the nation.

Created from an existing company in March, Sequent Energy Management LP, a subsidiary of AGL Resources, is taking the natural gas wholesale trading, marketing and asset management industries by storm, drawing traders from many of the major players in the energy trading business. “We are not making any friends at Dynegy or Enron,” said Rick Duszynski, CEO and president of Sequent Energy.

After being created from a previous company in March, Sequent Energy Management LP, a subsidiary of AGL Resources, is taking the natural gas wholesale trading, marketing and asset management industries by storm, drawing traders from many of the major players in the energy trading business. “We are not making any friends at Dynegy or Enron,” said Rick Duszynski, CEO and president of Sequent Energy.