Including

In an effort to hold off power supply shortages until largerelectricity generating plants come online, the New York PowerAuthority (NYPA) reported that it has selected sites within NewYork City for nine of 11 natural gas-burning generators itpurchased from General Electric Packaged Power.

Market factors, including increased costs for natural gas and NOx credits, increased demand, scarce resources and unusually high temperatures throughout the West, coupled with flawed market design and regulatory policies, and possibly some exercise of market power were responsible for the high power prices in California this past summer, according to the FERC staff report on bulk power markets released last week.

Market factors, including increased costs for natural gas andNOx credits, increased demand, scarce resources and unusually hightemperatures throughout the West, coupled with flawed market designand regulatory policies, and possibly some exercise of market powerwere responsible for the high power prices in California this pastsummer, according to the FERC staff report on bulk power marketsreleased yesterday.

Williams has been selected in a “landmark transaction” toinstall the infrastructure, including gathering lines and onshoreprocessing, to service new deep water development in the Nansen andBoombang Fields in the East Breaks area of the Gulf of Mexico.

Williams has been selected in a “landmark transaction” toinstall the infrastructure, including gathering lines and onshoreprocessing, to service new deep water development in the Nansen andBoombang Fields in the East Breaks area of the Gulf of Mexico.

Aquila Energy, a subsidiary of UtiliCorp United, said yesterdayit has reached a definitive agreement to buy GPU Inc.’s subsidiaryGPU International Inc., including its interests in six U.S.-basedgenerating plants and a development generating project, for $225million.

Cabot LNG, the largest U.S. liquefied natural gas importer anddistributor in the Northeast, agreed yesterday to sell 100% of itsassets to Tractebel of Brussels, Belgium for $680 million. The dealwill give Tractebel the LNG terminal in Everett, MA, along with 10%interest in a liquefaction facility in Trinidad and Tobago and theLNG tanker, Matthew. The transaction is set to close by thebeginning of September.

Quicksilver Resources Inc. last week completed a deal acquiring CMS Energy Corp.’s Michigan gas and oil exploration and production properties, including the stock of Terra Energy Ltd., as well as other smaller interests in Ohio, Kentucky, and Indiana. The deal was announced in January (see NGI Jan. 24).

Quicksilver Resources Inc. completed its acquisition of CMSEnergy Corp.’s gas and crude oil exploration and productionproperties in Michigan, including the stock of Terra Energy Ltd.,as well as other smaller interests in Ohio, Kentucky, and Indiana.The deal was announced in January (see Daily GPI Jan. 20).