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Dynegy Inc. has started full-scale operations at the RockinghamPower Plant, a simple-cycle generating facility in RockinghamCounty, NC. The 800 MW plant, developed in just 12 months, is thethird generation facility Dynegy has put on line this summer.

Could this be a trend or just a sign of growing pains? ReliantEnergy, the Houston-based electric utility and energy servicescompany, took a hint from Williams’ move earlier this week, andannounced it will separate its regulated and unregulated businessesinto two publicly traded companies.

Dynegy Inc. has started full-scale operations at the RockinghamPower Plant, a simple-cycle generating facility in RockinghamCounty, NC. The 800 MW plant, developed in just 12 months, is thethird generation facility Dynegy has put on line this summer.

For Mitchell Energy & Development Corp., the news, it seems,just gets better and better. The Houston-based independent, whichless than a year ago had seriously considered selling its assets,reported last week that it has raised its year-end estimates ofproved natural gas reserves by 45% to 1,467 Bcf, and proved naturalgas liquids by 18% to 210 MM barrels.

For Mitchell Energy & Development Corp., the news, it seems,just gets better and better. The Houston-based independent, whichless than a year ago had seriously considered selling its assets,reported yesterday that it has raised its year-end estimates ofproved natural gas reserves by 45% to 1,467 Bcf, and proved naturalgas liquids by 18% to 210 MM barrels.

Rather than “blaming just about everyone and everything” for thereliability problems on the electric transmission grid, SenateEnergy Chairman Frank Murkowski (R-AK) last week urged EnergySecretary Bill Richardson to take “immediate and meaningful action”to address the situation in the short term, while Congress tries towork out a longer term solution.

Rather than “blaming just about everyone and everything” for thereliability problems of the electric transmission grid, SenateEnergy Chairman Frank Murkowski (R-AK) urged Energy Secretary BillRichardson to take “immediate and meaningful action” to address thesituation in the short term, while Congress tries to work out alonger term solution.

Someone pulled the plug on gas futures yesterday, but there’sstill plenty of water left in the tub. The July contract plunged42.5 cents but remained above $4 at $4.063.

For the second time in just over a week Union Pacific ResourcesGroup is selling off non-core assets in North America. MadisonEnergy Advisors will be handling the evaluation, marketing, andsale of almost all of UPR.’s South Louisiana producing assets. Theproperties for sale include 52 wells with 100% working interests inmost of them. The net production from these properties duringDecember 1999 was approximately 16.1 MMCFD, 490 b/d, and 54 liquidsb/d.