Pact

The governors of Colorado, Oklahoma, Wyoming and Pennsylvania have signed a pact designed to increase the use of natural gas vehicles (NGV) in the fleets of each state.

The governors of Colorado, Oklahoma, Wyoming and Pennsylvania have signed a pact designed to increase the use of natural gas vehicles (NGV) in the fleets of each state.

Xcel Energy subsidiary Public Service Co. of Colorado (PSCo) last Wednesday said that it has reached a settlement pact with a group of California entities including, among others, the California attorney general, involving a number of proceedings before FERC relating to the price of sales into the California electricity markets from May 1, 2000 through June 20, 2001.

El Paso Corp. took several more steps last Wednesday in its effort to sell its domestic power portfolio and reduce its debt. The company said it is selling interests in its Cedar Brakes I and II power companies, which supply Public Service Electric and Gas Co., to Bear Stearns affiliate Arroyo Energy Investors LP for $106 million.

Marathon Oil Corp. last week said it signed an agreement with BP Energy Co. to receive 58 Bcf of natural gas annually in the form of liquefied natural gas (LNG) for a minimum term of five years beginning in mid-2005.

Marathon Oil Corp. said Tuesday it signed an agreement with BP Energy Co. to receive 58 Bcf of natural gas annually in the form of liquefied natural gas (LNG) for a minimum term of five years beginning in mid-2005.

Sonora Pacific Liquefied Natural Gas, a unit of Houston-based DKRW Energy LLC, announced last Tuesday it signed an agreement with the government of Sonora, Mexico, to build a 1.3 Bcf/d LNG regasification terminal at Puerto Libertad on the Gulf of California and associated gas pipeline facilities to serve markets in Mexico, Arizona and California.

Sonora Pacific Liquefied Natural Gas, a unit of Houston-based DKRW Energy LLC, announced Tuesday it has signed an agreement with the government of Sonora, Mexico, to build a 1.3 Bcf/d LNG regasification terminal at Puerto Libertad on the Gulf of California and associated gas pipeline facilities to serve markets in Mexico, Arizona and California.

Top energy regulators in the United States and Canada, which already have a long history of cooperation, signed a memorandum of understanding (MOU) agreement last Monday to further improve interagency coordination of cross-border natural gas pipelines.