Owned

DTE Subsidiary Wants ‘Free Riders’ Booted

International Transmission Co. (ITC), a wholly-owned subsidiary of DTE Energy, has asked the Federal Energy Regulatory Commission to require that transmission “free riders” pay for the costs of using ITC’s transmission wires. ITC and its Michigan customers currently pay an estimated $15 million per year to cover the cost of uncompensated uses if its transmission system.

June 15, 2001

Phillips, Anadarko Strike it Big on North Slope

Phillips Alaska, Inc., a wholly owned subsidiary of Phillips Petroleum Co., and Anadarko Petroleum Corp. jointly announced last week the first discoveries in the National Petroleum Reserve-Alaska (NPR-A) since the area was re-opened to exploration in 1999. The NPR-A is situated west of the Colville River on Alaska’s North Slope.

May 28, 2001

Phillips, Anadarko Strike Big on North Slope

Phillips Alaska, Inc., a wholly owned subsidiary of Phillips Petroleum Co., and Anadarko Petroleum Corp. jointly announced on Monday the first discoveries in the National Petroleum Reserve-Alaska (NPR-A) since the area was re-opened to exploration in 1999. The NPR-A is situated west of the Colville River on Alaska’s North Slope.

May 22, 2001

Impact of Energy Crisis Assessed

Business customers of the investor-owned utilities in California are increasingly concerned about the lingering energy crisis that has spiked electricity and natural gas prices and fomented uncertainty about supplies, according to an analysis by the Los Angeles County Economic Development Corp. (LAEDC).

May 2, 2001

People

Aquila Inc., a wholly-owned subsidiary of UtiliCorp United, on Tuesday named Dean Fuller as its senior vice president and general manager for its midstream services group based in Houston and San Antonio. The company also appointed two more members to the group: Steve Anderson to the position of commercial vice president and Mike Williams to the position of vice president of operations and engineering. Anderson, who has been in the business for more than 25 years, will be responsible for all of Aquila’s midstream commercial activity including supply and business development, while Williams, who has worked in the industry for more than 20 years, will be responsible for the company’s midstream asset operations and integrity, as well as value extraction

April 23, 2001

People

Aquila Inc., a wholly-owned subsidiary of UtiliCorp United, on Tuesday named Dean Fuller as its senior vice president and general manager for its midstream services group based in Houston and San Antonio. The company also appointed two more members to the group: Steve Anderson to the position of commercial vice president and Mike Williams to the position of vice president of operations and engineering. Anderson, who has been in the business for more than 25 years, will be responsible for all of Aquila’s midstream commercial activity including supply and business development, while Williams, who has worked in the industry for more than 20 years, will be responsible for the company’s midstream asset operations and integrity, as well as value extraction

April 18, 2001

Aquila Acquires 10 GE Turbines

Aquila Inc., a wholly owned subsidiary of UtiliCorp United,announced yesterday that it has entered into an agreement topurchase an additional 10 natural gas-fired turbines from GeneralElectric (GE). Combined with previously announced agreements,Aquila has ordered a total of 21 turbines over the past 12 months.

February 28, 2001

Industry Briefs

UtiliCorp United announced yesterday that its wholly-ownedsubsidiary Aquila Energy has changed its name to Aquila, Inc. toreflect Aquila’s increasing participation in markets outside theenergy industry. In addition to trading natural gas and powerthroughout North America and Europe, the company entered thebroadband capacity market last year. It also offers a broad rangeof risk management products and services to its clients, includinga family of weather risk products. Aquila is a Latin word meaningeagle. It also is the name of a constellation containing the starAltair. In some cases this constellation is known as the flyingeagle.

February 27, 2001

CPUC Releases Audit of SoCal Edison

The first independent audit of one of California’s twonear-insolvent investor-owned utilities, Southern California EdisonCo., confirmed Monday that the multi-billion-dollar company wouldhave been forced into bankruptcy Thursday (Feb. 1) without acombination of cost-containment and stopping payments of its debts.It can now hold out at least through March, and itsunder-collections are overstated by about $2 billion when revenuesfrom its own generation over the past eight months are counted.

January 31, 2001

PG&E, SoCalGas Butt Heads Over Supply

As tempers continue to get shorter in the midst of California’senergy predicament, the state’s two major investor-owned utilitiesbutted heads this week on a natural gas issue created as anoffshoot of the persistent electricity woes in the state. Itinvolves Pacific Gas and Electric Co.’s emergency filing to stateregulators Jan. 18 asking for Southern California Gas Co. to giveit some supplies in the face of its looming shortages, promptingSoCalGas to protest the request.

January 25, 2001