Lights

The Federal Energy Regulatory Commission gave approvals Wednesday for Transcontinental Gas Pipe Line Corp., ANR Pipeline and Tennessee Gas Pipeline to move forward with pipeline projects to serve new power generation plants in the East, Midwest and Mexico.

The Federal Energy Regulatory Commission has given Northwest Pipeline Corp. and Sierra Production Co. green lights to make changes to their previously certificated pipeline expansion projects in the Pacific Northwest and at the U.S.-Canadian border, respectively.

The Federal Energy Regulatory Commission has given Northwest Pipeline Corp. and Sierra Production Co. green lights to make changes to their previously certificated pipeline expansion projects in the Pacific Northwest and at the U.S.-Canadian border, respectively.

Coming a day after the company decided to upgrade its exploration and production strategy, Kerr-McGee Corp. said last Thursday its board of directors has approved the development of the Red Hawk area in the deepwater Gulf of Mexico, in Garden Banks Block 877. With estimated proven reserves of more than 250 Bcf of natural gas, the Red Hawk natural gas field will be developed using a new state-of-the-art mini-floating production facility.

San Jose-based Calpine Corp. and Kansas City-based Aquila Inc. announced that the Aries Power Project near Pleasant Hill, MO, has begun simple-cycle operations. The 320 MW gas-fired facility will serve the growing electricity demand in the region.

The good news is the lights are still on in California. But Wall Street will be watching closely this week as California legislators on one coast and the Clinton Administration on the other attempt to stop the train wreck in the California power market and rescue the traditional “widow and orphans” investments in PG&E Corp. and Edison International from the junk pile.

The good news is the lights are still on in California. But WallStreet will be watching closely this week as California legislatorson one coast and the Clinton Administration on the other attempt tostop the train wreck in the California power market and rescue thetraditional “widow and orphans” investments in PG&E Corp. andEdison International from the junk pile.

New Year’s Eve 2000 will not be remembered as the “Night theLights Went Out in Cheyenne, WY.”

The lights will shine in the city of Columbus, OH, for at leastthe next five years if CMS Energy Corp. has anything to say aboutit. CMS Marketing, Services and Trading (CMS-MST) reported lastweek that it has been awarded a long term contract to providewholesale electricity and other energy services to the city’s13,000 residential and commercial customers.