Producers and marketers have accused Natural Gas Pipeline Co. ofAmerica (NGPL) of conducting its capacity auctions in an illegalmanner and are looking to FERC to overturn the results of a recentauction and to prevent the re-occurrence of the alleged violationsin the future.
Looking
Articles from Looking
FERC Briefs
The Federal Energy Regulatory Commission is looking forvolunteers for a pilot project for electronic filing of documentsin Commission proceedings over the Internet beginning Oct. 1, 1999.The pilot will test FERC’s computer systems and be limited tomotions and notices to intervene, protests, comments and relatedfilings. Participants must still file paper copies during thetesting period.
Greenwood, SC, Looking For Energy Provider
The Greenwood Commissioners of Public Works (CPW), the municipalorganization responsible for the energy needs for the city ofGreenwood, SC, said last week it has entered the market for a totalenergy provider. The CPW is searching for companies with tangibleassets to provide comprehensive energy supply services, includingpower supply and gas supply. Energy supply proposals may includealternatives ranging from full requirements service to thedevelopment of owned generating resources, the CPW said.
Greenwood, SC Looking for Energy Provider
The Greenwood Commissioners of Public Works (CPW), the municipalorganization responsible for the energy needs for the city ofGreenwood, SC, said it has entered the market for a total energyprovider. The CPW is searching for companies with tangible assetsto provide comprehensive energy supply services, including powersupply and gas supply. Energy supply proposals may includealternatives ranging from full requirements service to thedevelopment of owned generating resources, the CPW said.
NiSource Earnings Drop 22%, Short of Estimates
A glance at NiSource’s second quarter earnings tells a lot aboutwhy it’s looking to Columbia for help. While Columbia won praisefrom analysts for beating second quarter earnings expectations witha 15% jump in net income to $26.1 million, or 32 cents per share,it’s hostile suitor NiSource struggled and fell short of WallStreet expectations by $0.03/share, reporting a 22% drop in netincome to $22.9 million or $0.18/share, from $29.5, or $0.24/sharein 2Q98.
Briefs
Looking to spread its presence in the Gulf of Mexico, OceanEnergy Inc. (OEI) entered into a drilling agreement with DukeEnergy Hydrocarbons, LLC to jointly develop 13 OEI drillingprospects in the outer continental shelf. The Duke subsidiaryagreed to participate with up to 50% non-operating working interestin the program. The two companies anticipate drilling costs willexceed $40 million for the rest of 1999.
Energy Search Makes Production-Boosting Deal
With prices looking up, Energy Search Inc. of Knoxville, TN,sought and will get a boost to help develop some of its oil and gasproperties. The company made a deal to accelerate development withSouthern Producer Services, a subsidiary of Atlanta-based SouthernEnergy Inc.
Energy Search Makes Production-Boosting Deal
With prices looking up, Energy Search Inc. of Knoxville, TN,sought and will get a boost to help develop some of its oil and gasproperties. The company made a deal to accelerate development withSouthern Producer Services, a subsidiary of Atlanta-based SouthernEnergy Inc.
People
Cinergy’s PSI Energy subsidiary is looking for a new presidentfollowing the retirement of John M. Mutz, who had been president ofthe electric utility since 1993.
Columbia Seeking New Marketing Exec
Columbia Energy Group is looking for a new executive to head itsColumbia Energy Services after the departure of CES President PaulFeldman. An announcement Friday said Feldman would be leaving topursue other opportunities. “Our CES operation has grownconsiderably over the last two years under Paul’s leadership,” saidColumbia Energy Group Chairman Oliver G. Richard III. “We thank himfor his contributions and wish him well.”