Players

The Energy Consortium – that’s American Electric Power, AquilaEnergy, Duke Energy, El Paso Energy, Reliant Energy and SouthernCompany Energy Marketing – is the latest entry to stake out aposition in the electronic trading sweepstakes.

Coastal’s Wyoming Interstate Co.’s Medicine Bow Lateral is online and flowing gas out of the Powder River Basin. While the pipeis not full, industry players with their eyes on the Powder RiverBasin expect producers will be ramping up production to takeadvantage of the additional capacity.

Two main players in the gas industry’s e business sector joinedforces last week as Altra Energy Technologies and Excelergy Corp.announced an agreement in which Excelergy’s billing and customerinformation software will be marketed along with Altra’s wholesaletrading and risk management products. No financial terms weredisclosed. The venture is currently under way.

Two main players in the gas industry’s e business sector joinedforces yesterday as Altra Energy Technologies and Excelergy Corp.announced an agreement in which Excelergy’s billing and customerinformation software will be marketed along with Altra’s wholesaletrading and risk management products. No financial terms weredisclosed. The venture is currently under way.

The rumor mill produced some major headlines yesterday withseveral dominant players in the energy industry apparently inmerger talks. Unicom Corp., parent of Commonwealth Edison, and PECOEnergy Co. were reported to be in discussions about forming a”merger of equals,” while Chevron now has its eye on Phillips.

Although the Department of the Interior’s Minerals Management Service (MMS) is about to embark on another gas royalty in kind (RIK) pilot in the Gulf of Mexico, that doesn’t mean producers there will be completely relieved of gas sales price reporting requirements.

Although the Department of the Interior’s Minerals ManagementService (MMS) is about to embark on another gas royalty in kind(RIK) pilot in the Gulf of Mexico, it doesn’t mean producers therewill be completely relieved of gas sales price reportingrequirements.

News from major liquefied natural gas (LNG) players Distrigasand Sonat combined with a recent Department of Energy (DOE) reportof a major LNG import increase in the first quarter of this yearmade the headlines last week, but Gordon Shearer, Cabot LNG CEO,told NGI this is about as active as the LNG market is going to get.

News from major liquefied natural gas (LNG) players Distrigasand Sonat combined with a recent Department of Energy (DOE) reportof a major LNG import increase in the first quarter of this yeardominated headlines Wednesday, but Gordon Shearer, Cabot LNG CEO,told NGI this will be as active as the LNG industry will get forsome time.