Duke Energy said last Tuesday it reached a settlement agreement in principle that resolves all claims for refunds by California, Oregon and Washington parties arising out of the western electricity crisis in the 2000-2001 time period, as well as various class-action complaints against the company by several western states. But the agreement allows California’s attorney general to continue probing the company’s activities in the natural gas market for the next 30 days.
Principle
Articles from Principle
Duke Energy Settles Power Claims in West, But Probe of Gas Activities Continues
Duke Energy said Tuesday it reached a settlement agreement in principle that resolves all claims for refunds by California, Oregon and Washington parties arising out of the western electricity crisis in the 2000-2001 time period, as well as various class-action complaints against the company by several western states. But the agreement allows California’s attorney general to continue probing the company’s activities in the natural gas market for the next 30 days.
BP Forms Alliance with Energy East
BP Energy Co. has signed an agreement in principle to lend its extensive supply expertise, marketing and trading knowledge, financial products and information technology to a strategic alliance with the four Energy East Corp. distribution companies in New York and New England, the companies said last Thursday.
BP Forms Alliance with Energy East
BP Energy Co. has signed an agreement in principle to lend itsextensive supply expertise, marketing and trading knowledge,financial products and information technology to a strategicalliance with the four Energy East Corp. distribution companies inNew York and New England, the companies said Thursday.
Order 636 Principles Needed in Power Market
A principle that was the cornerstone of FERC’s landmark gasrestructuring rule, Order 636, is absent from Order 888 and is atthe root of many of the reliability problems in the bulk powermarket, say industrial power customers and a utility/marketer.
ScottishPower, PacifiCorp Merger Nears Finish Line
ScottishPower PLC and PacifiCorp announced they have brokered asettlement in principle with the staff of the Oregon Public UtilityCommission (OPUC) that essentially clears the way for the firstacquisition by a foreign company of a U.S. power utility.
ScottishPower, PacifiCorp Merger Nears Finish
ScottishPower PLC and PacifiCorp announced they have brokered asettlement in principle with the staff of the Oregon Public UtilityCommission (OPUC) that essentially clears the way for the firstacquisition by a foreign company of a U.S. power utility.
Tennessee Gas to Link with Mexico’s Pemex
El Paso Energy’s Tennessee Gas Pipeline unit agreed in principlewith Pemex Gas Y Petroquimica Basica, a subsidiary of PetroleosMexicanos, to interconnect facilities between the companies’pipelines. The new facilities will be built from the end ofTennessee’s Donna lateral in Hidalgo County, TX, across theinternational border to Pemex’s existing facilities at Reynosa,Mexico. The interconnect is expected to be in service by January1999.