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Current and former Enron Corp. officers and directors, the corporation itself and outside auditor Arthur Andersen LLP are expected to receive Senate subpoenas this week to turn over documents related to the financial failure of the once-powerful energy trading company.

Current and former Enron Corp. officers and directors, the corporation itself and outside auditor Arthur Andersen LLP will receive Senate subpoenas by next week to turn over documents related to the financial failure of the once-powerful energy trading company.

Duke Energy Field Services (DEFS) grabbed itself a much larger piece of the natural gas midstream segment in the Gulf of Mexico this week as the company announced that it has purchased the former MCN Investment Corp.’s ownership interest in Dauphin Island Gathering Partners (DIGP), Mobile Bay Processing Partners (MBPP) and Gulf Coast NGL Pipeline, LLC (Gulf Coast). Terms of the transaction, which closed on July 11, were not disclosed.

Nine months after it began looking for a buyer, Canadian 88 Energy Corp. has taken itself off the selling block, announcing last Tuesday that financial and operating results have improved enough to succeed independently as a mid-sized natural gas producer. Company officials also acknowledged that in their opinion, potential buyers weren’t prepared to pay enough for the Calgary-based company’s increased gas production potential.

Nine months after it began looking for a buyer, Canadian 88 Energy Corp. has taken itself off the selling block, announcing Tuesday that financial and operating results have improved enough to succeed independently as a mid-sized natural gas producer. Company officials also acknowledged that in their opinion, potential buyers weren’t prepared to pay enough for the Calgary-based company’s increased gas production potential.

Positioning itself to become a major regional energy player, DTE Energy last Thursday announced the closing of its approximately $3.9 billion merger with MCN Energy Group. The completion of the merger finishes a process that kicked off in October 1999 (see NGI, October 11, 1999).

Positioning itself to become a major regional energy player, DTE Energy yesterday announced the closing of its approximately $3.9 billion merger with MCN Energy Group. The completion of the merger finishes a process that kicked off in October 1999 (see Daily GPI, October 6, 1999).

Williams Cos. CEO Cuba Wadlington Jr. said last week that his company is committing itself to build a pipeline to deliver natural gas from the North Slope to markets in Alaska, Canada and the Lower 48, and announced a feasibility study has begun that will look at new petrochemical investments in Alaska, which could finance the pipeline.

Williams Cos. CEO Cuba Wadlington Jr. said last week that his company is committing itself to build a pipeline to deliver natural gas from the North Slope to markets in Alaska, Canada and the Lower 48 and announced a feasibility study has begun that will look at new petrochemical investments in Alaska, which could finance the pipeline.