Coastal’s ANR Pipeline is continuing its battle against aproposed pipeline that would challenge its dominance of theWisconsin market. ANR is calling for backers of the GuardianPipeline project to make costs of the project public to provewhether it would reduce Wisconsin gas prices.
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Dynegy, Illinova Make It Official
Dynegy and Illinova completed their merger to create a newcompany, called Dynegy, with market capitalization of more than $10billion. The company has interests in power plants with more than14,000 MW of domestic generating capacity, average worldwide gassales of more than 10 Bcf/d and more than 1.4 million retailcustomers. The combined company has more than $12 billion in assetsand $22 billion in projected annual revenues from energy operationsthroughout North America and Europe.
Internet as Energy Selling Vehicle Untapped
Last week a little town in Oregon adopted a web site as itsofficial name for a one-year trial basis. During the Christmasholidays, Wal-Mart sold a computer with Internet access for about$500, and couldn’t keep up with demand. Some are saying 80%-90% ofthe United States will be Internet-connected by next year.
NGSA’s Horvath Seeks Greater Industry Collaboration
R. Skip Horvath, president of the Natural Gas Supply Association(NGSA) and former official of a major pipeline group, took theinitial step last week towards trying to unify a fragmented naturalgas industry.
NGSA’s Horvath Seeks Industry Collaboration
R. Skip Horvath, president of the Natural Gas Supply Association(NGSA) and former official of a major pipeline group, took theinitial step yesterday towards trying to unify a fragmented naturalgas industry.
Ex-NGSA Official Gets 41 Months in Prison
In Washington, it usually pays to know people in high places.But even Sen. Frank Murkowski (R-AK) couldn’t help Nicholas Bush,the ex-president of the Natural Gas Supply Association (NGSA), whowas sentenced to 3 1/2 years in federal prison for embezzlementlast week and ordered to pay restitution in the amount of $3.5million.
Ex-NGSA Official Gets 41 Months
U.S. District Court Judge Emmet G. Sullivan yesterday sentencedNicholas Bush, former president of the Natural Gas SupplyAssociation (NGSA), to 41 months in prison for embezzling nearly $3million from the producer trade group.
Maximum Sentence Sought For Ex-NGSA Official
The U.S. District Attorney’s Office for the District of Columbiahas asked a D.C. federal judge to sentence Nicholas J. Bush, formerpresident of the Natural Gas Supply Association (NGSA), to a”significant period of incarceration” for embezzling about $3million from the producer group over a 16-year period.
Stiff Sentence Recommended for Ex-NGSA Official
The U.S. District Attorney’s Office for the District of Columbia has asked a D.C. federal court judge to sentence Nicholas J. Bush, former president of the Natural Gas Supply Association {NGSA), to a “significant period of incarceration” for embezzling about $3 million from the producer group over a 16-year period.
Range and FirstEnergy Complete Joint Venture
Range Resources and FirstEnergy announced last week the officialbeginning to their $200 million Appalachian joint venture, GreatLakes Energy Partners. The equal partnership combines all of bothcompanies’ oil and gas assets in the region.