If you build it, a corporate sponsor will come. This time aroundit’s Houston’s new baseball stadium, and Enron Corp. said last weekit will pay $100 million over 30 years for naming rights to theballpark to be known as Enron Field. Enron Energy Services (EES)also will provide energy management to the facility.
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Enron Paying $100M to Name Houston Ballpark
If you build it, a corporate sponsor will come. This time aroundit’s Houston’s new baseball stadium and Enron Corp., which saidWednesday it will pay $100 million over 30 years for naming rightsto the ballpark to be known as Enron Field. Enron Energy Services(EES) also will provide energy management to the facility.
BP Amoco Adding Arco to Its Arsenal
BP Amoco might want to change its name to BP, Etc. now that ithas announced plans to acquire Los Angeles-based Atlantic RichfieldCo. (Arco) in a $26.8 billion deal. The news comes only monthsafter the closing late last year of the marriage of BP and Amoco.
Hurricane Injects Volatility into Eastern Upticks
Bigtime volatility was the name of the game Friday in the cashmarket. Price changes ranged from more than 20 cents higher at manyLouisiana points to about a nickel lower in Northern California.Ranges often were huge also, exceeding 30 cents in some cases. Anypoint with a high and low separated by less than a dime-well, theyjust weren’t trying hard enough, one source commented.