Launched

Exxon Mobil launched a new organization structure built on aconcept of eleven separate global businesses designed to allow thecompany to compete more effectively in a changing worldwide energyindustry. Lee Raymond, CEO, said by mid-December the company willannounce a revised forecast of merger benefits that will likelyexceed the $2.8 billion annual level announced last year.

Houston-based Coral Energy launched coralconnect.com, ane-business Web site featuring e-commerce transactions, customizedcommodity price information, proprietary energy market analysis andother customer services.

Houston-based Coral Energy launched coralconnect.com, ane-business Web site featuring e-commerce transactions, customizedcommodity price information, proprietary energy market analysis andother customer services.

Southern LNG Inc. has launched a scathing denial of theallegations that it conducted an open season in secret in order toaward to an affiliate all the teminalling capacity in its liquefiednatural gas (LNG) facilities on Elba Island in Georgia. The companyis seeking to reactivate the facilities, which have been dormantsince the early 1980s.

Southern LNG Inc. last week launched a scathing denial of theallegations that it conducted an open season in secret in order toaward to an affiliate all the teminalling capacity in its liquefiednatural gas (LNG) facilities on Elba Island in Georgia. The companyis seeking to reactivate the facilities, which have been dormantsince the early 1980s.

UtiliCorp United energy marketing subsidiary Aquila Energylaunched The Exchange Center, a new business to offer customersaccess to gas storage and transportation without the need fortraditional service contracts. “We are in a unique position tooffer services that provide utilities, end users and marketingcompanies the ability to meet their commercial and operationalobjectives in a more cost-effective, market-responsive manner,”said Robert Poehling, Exchange Center senior vice president.

The state of New Jersey, scene of a massive natural gas pipeline explosion five years ago, has launched an attack on Transco’s MarketLink project — which had no connection with the blast — demanding more stringent safety requirements on interstate pipelines and additional proof there is a need for added pipeline capacity.

Southern California Gas Co. (SoCalGas) launched its newestversion of GasSelect, an automated gas scheduling and energymanagement system. The e-commerce application is available tosubscribers through www.gasselect.com for real-time submission ofgas nominations, trading gas delivery imbalances in a secondarymarket, and for gas consumption information from electronic metersinstalled at customer sites. GasSelect is used to manage thedelivery of 1 Tcf into Southern California for both SoCalGas andSan Diego Gas & Electric.

The state of New Jersey, scene of a massive natural gas pipelineexplosion five years ago, has launched an attack on Transco’sMarketLink project – which had no connection with the blast -demanding more stringent safety requirements on interstatepipelines and additional proof there is a need for added pipelinecapacity.