The Pennsylvania Electric Association (PEA) and the PennsylvaniaGas Association (PGA) have agreed to reunite after 37 years ofseparation. The two will merge into the newly created EnergyAssociation of Pennsylvania. The governing bodies of bothassociations announced that Richard Bunn, who in the past hadserved as chairman of both groups, will be CEO while a searchcommittee looks for its new leader. John Marshall, chairman of PEAand president of Duquesne Light said the merger will allow bothindustries to “retain their strategic focus while enabling us tocombine resources and knowledge to produce a more efficient andeffective effort in representing the interests of our customers,shareholders and employees in the public policy arena.” PGAChairman John Sipics, president of PPL Gas Utilities said it “makessense because the two associations were pursuing similar objectivesand activities to meet the challenges faced by the regulated energydelivery business, including making the transition to competitiveretail markets.” PEA was established in 1908 and at that time gasutilities were members. In 1963, the gas utilities formed their ownassociation. Earlier this year the electric power generationcompanies spun off from PEA and joined with other major powerproducers in the state to form the Electric Power GenerationAssociation.
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Articles from Newly
Shenandoah Energy Plan Pays Off for Chevron
A deal reached last year that transferred all of Chevron’s oiland gas assets in Utah’s Uinta Basin to the newly formed ShenandoahEnergy (SEI) in exchange for an equity ownership interest is payingoff big time for the energy giant, said Chevron North AmericaPresident George L. Kirkland.
Shenandoah Pays Off in Chevron Equity Deal
A deal reached last year that transferred all of Chevron’s oiland gas assets in Utah’s Uinta Basin to the newly formed ShenandoahEnergy (SEI) in exchange for an equity ownership interest is payingoff big time for the energy giant, said Chevron North AmericaPresident George L. Kirkland.
GTI Details Technological, Production Trends
A report released last week by the newly named Gas TechnologyInstitute (created by the merger of GRI and the Institute of GasTechnology) predicts that technological advances will increase theeconomic lower-48 resource base by 250 Tcf and Canadian recoverableresources by 125 Tcf.
GTI Details Technological, Production Trends
A report released yesterday by the newly named Gas TechnologyInstitute (created by the merger of GRI and the Institute of GasTechnology) predicts that technological advances will increase theeconomic lower-48 resource base by 250 Tcf and Canadian recoverableresources by 125 Tcf.
Tetco, East Tennessee Connections Opened, Expansion Planned
Duke Energy Gas Transmission said yesterday it opened two 400MMcf/d interconnections between its newly-acquired East Tennesseepipeline system and Texas Eastern Transmission (Tetco), paving theway for ETNG customers to access more diverse supplies from theGulf Coast region.
AmerenCIPS Transfers 2,900 MW to Affiliate
AmerenCIPS transferred $600 million in power generationfacilities (2,900 MW) to a newly created nonregulated Ameren Corp.subsidiary, AmerenEnergy Generating Co. The generation holdings ofthe new unit are expected to balloon to 5,400 MW and $1.7 billionin book value by 2005, the company said, noting it is in theprocess of building another 2,500 MW.
PowerSpring Targets Commercials, Citygates
PowerSpring.com, a newly-formed marketer-technology partnership,is rolling out a B2B website aimed at bringing price transparencyto citygates across the country, to tap the next level ofcost-conscious customers, commercial end users, according to JohnHarpole, PowerSpring executive vice president.
PowerSpring Targets Commercials, Citygates
PowerSpring.com, a newly-formed marketer-technology partnership,is rolling out a B2B website aimed at bringing price transparencyto citygates across the country, to tap the next level ofcost-conscious customers, commercial end users, according to JohnHarpole, PowerSpring executive vice president.
El Paso Plans New Pipeline For Raton Basin Gas
El Paso Energy Corp. announced an open season for a newlyproposed 175 MMcf/d interstate pipeline between the Raton Basin andthe interstate pipelines of El Paso Natural Gas and NorthernNatural Gas in Moore County, TX. The open season began last weekand will conclude on Jan. 7 at 5 p.m. (MST).
