Dynegy announced that it has become a partner in TradeSpark LP and will link its proprietary e-commerce portal, DynegyDirect, to the TradeSpark system, a multiple-party electronic trading platform powered by eSpeed and supported by Cantor Fitzgerald. TradeSpark also apparently wants to allow its other partners, which include Coral Energy, Dominion, Entergy-Koch Trading LP, TXU Energy Trading and Williams Energy Marketing and Trading, to link their own proprietary trading platforms to the TradeSpark system.
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Dynegy Partners in TradeSpark, Links DynegyDirect
Dynegy announced that it has become a partner in TradeSpark LP and will link its proprietary e-commerce portal, DynegyDirect, to the TradeSpark system, a multiple-party electronic trading platform powered by eSpeed and supported by Cantor Fitzgerald. TradeSpark also apparently wants to allow its other partners, which include Coral Energy, Dominion, Entergy-Koch Trading LP, TXU Energy Trading and Williams Energy Marketing and Trading, to link their own proprietary trading platforms to the TradeSpark system.
TEPPCO to Buy Green River Basin Gathering Assets from AEC
Houston-based Texas Eastern Products Pipeline Co. LLC, general partner of TEPPCO Partners L.P., has signed an agreement for TEPPCO to acquire Jonah Gas Gathering Co. from Calgary-based Alberta Energy Co. (AEC) for approximately US $360 million.
TEPPCO to Buy Green River Basin Gathering Assets from AEC
Houston-based Texas Eastern Products Pipeline Co. LLC, general partner of TEPPCO Partners L.P., has signed an agreement for TEPPCO to acquire Jonah Gas Gathering Co. from Calgary-based Alberta Energy Co. (AEC) for approximately US $360 million.
Chevron, Texaco Set Shareholder Meetings For October 9
Chevron Corp. and proposed merger partner Texaco Inc. Friday scheduled special shareholder meetings for October 9, with a record date of August 20, to vote on their previously announced merger (see NGI, Oct. 23, 2000). The date of the meetings, as well as other merger-related information — including a new New York Stock Exchange ticker symbol, CVX — were contained in a filing by Chevron made Friday with the U.S. Securities and Exchange Commission. The new company would be called ChevronTexaco.
Piedmont Grabs Stake in Dominion’s Greenbrier Pipeline Project
Dominion’s proposed Greenbrier Pipeline from West Virginia to North Carolina has gained a significant partner with a substantial market presence. Piedmont Natural Gas, which has 700,000 local distribution customers in North Carolina, has taken a 33% stake in Dominion’s 263-mile interstate pipeline project.
Chevron, Texaco Set Shareholder Meetings For Oct. 9
Chevron Corp. and proposed merger partner Texaco Inc. on Friday scheduled special shareholder meetings for Oct. 9 to vote on their previously announced merger (see Daily GPI, Oct. 17, 2000). The date of the meetings, as well as other merger-related information — including a new New York Stock Exchange ticker symbol, CVX — were contained in a filing by Chevron made Friday with the U.S. Securities and Exchange Commission. The new company would be called ChevronTexaco.
Piedmont Grabs Stake in Dominion’s Greenbrier Pipeline Project
Dominion’s proposed Greenbrier Pipeline from West Virginia to North Carolina has gained a significant partner with a substantial market presence. Piedmont Natural Gas, which has 700,000 local distribution customers in North Carolina, has joined Dominion in the 263-mile interstate pipeline project, taking a 33% stake. The proposed system, which is expected to be filed with FERC in the first quarter of 2002, would link multiple natural gas supply basins and storage to growing demand in residential, commercial, industrial and power generation markets in the Southeast.
Calpine Met Cisco, and Cisco Blinked
Silicon Valley met the energy crisis and backed off, clearing the way for Calpine Corp. and joint-venture partner, Bechtel, to develop a $400 million, 600 MW, natural gas-fired power plant, the Metcalf Energy Center, at the southern-most end of San Jose, CA. If all goes well, Calpine will begin construction this year and have the power plant running by summer 2003.
Calpine Met Cisco, and Cisco Blinked
Silicon Valley met the energy crisis and backed off, clearing the way for Calpine Corp. and joint-venture partner, Bechtel, to develop a $400 Million, 600 MW, natural gas-fired power plant, the Metcalf Energy Center, at the southern-most end of San Jose, CA. If all goes well, Calpine will begin construction this year and have the power plant running by summer 2003.