Opened

Canadian natural-gas producers have opened up their wallets toshow they mean to make the Sable Offshore Energy Project (SOEP)live up to its billing as a “seed” development that will sprout agrowing new branch of the industry on the East Coast.

Sempra Energy Trading, formerly AIG Trading Corp, said itopened a satellite trading floor in San Diego to take advantage ofCalifornia’s deregulated market for electricity. The company’s WestCoast operation will initially have 19 employees. They willinterface with power scheduling operations of California’sIndependent System Operator (ISO) and work with Sempra’s East Coastoperations. Sempra is based in Greenwich, CT.

Williams opened the doors to its new 300-position,21,000-square-foot energy trading floor, which it says featurestechnology, design and amenities surpassing those of most companiesin the nation. The trading floor is part of a new236,000-square-foot resource center adjacent to the 50-floorWilliams Tower in Tulsa, OK, where Williams has its corporateheadquarters. “As the second most profitable energy marketer in thenation, we remain committed to our customers by providing ourtraders with the absolute best tools available to compete andsucceed,” said Jerry Gollnick, senior vice president of energymarketing and trading for Williams.