Merrill Lynch urged investors in energy marketing stocks to “proceed with caution” during this period of “finger pointing” in California. “Outrageous claims and ignorance appear to be the themes of the day,” the Wall Street analysts said in a bulletin titled “Santa Claus, the Tooth Fairy and Leprechauns Do Exist – Just Ask California.”
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DTE, MCN Merger to Receive FTC’s Approval
DTE Energy and MCN Energy Group said yesterday that the FederalTrade Commission will soon clear the way for the two companies toproceed with their merger, which was announced in October 1999 (seeDaily GPI, Oct. 6, 1999). The merger, when finally completed asexpected this summer, would combine DTE’s Detroit Edison,Michigan’s largest electric utility, with MCN’s MichiganConsolidated Gas Co.
March 23, 2001
Merrill: Finger Pointing Delays CA Solution
Merrill Lynch urged investors in energy marketing stocks to”proceed with caution” during this period of “finger pointing” inCalifornia. “Outrageous claims and ignorance appear to be thethemes of the day,” the Wall Street analysts said in a bulletintitled “Santa Claus, the Tooth Fairy and Leprechauns Do Exist -Just Ask California.”
March 22, 2001
Gulfstream to Service Florida Power Plants
Just a week after receiving its final Federal Energy RegulatoryCommission certificate to proceed (see Daily GPI, Feb. 22),Gulfstream Natural Gas System LLC has an agreement with FloridaPower Corp. to provide firm natural gas transportation service tosome of its electric generating plants, including the Hines EnergyComplex in Polk County.
March 1, 2001
It’s a Go for $1.6 Billion Gulfstream Pipeline in Florida
Duke Energy and Williams got the certificate go-head from FERClast week to proceed with their newly acquired Gulfstream NaturalGas System project, a proposed 744-mile pipeline that would supplygas to the ever-expanding power generation market in Florida.
February 26, 2001
Stagecoach Storage, Pipe Projects Get FERC Nod
FERC last week granted certificates, subject to conditions, toCentral New York Oil and Gas Co. (CNYOG) to proceed with theconstruction of its Stagecoach storage project and to Tennessee GasPipeline to build a lateral connecting its system with the storagefacility.
February 26, 2001
It’s a Go for $1.7 Billion Gulfstream Pipeline in Florida
Duke Energy and Williams got a final certificate from FERCyesterday to proceed with their newly acquired Gulfstream NaturalGas System project, a proposed 744-mile pipeline that would supplygas to the ever-expanding power generation market in Florida.
February 22, 2001
Stagecoach Projects Get Thumbs-Up
FERC yesterday granted certificates, subject to conditions, toCentral New York Oil and Gas Co. (CNYOG) to proceed with theconstruction of its Stagecoach storage project and to Tennessee GasPipeline to build a lateral connecting its system with the storagefacility.
February 22, 2001
TGT’s Novel Rate Plan Gets Booed by Shippers
Shippers on Texas Gas Transmission Corp. have called on FERC toproceed cautiously with the pipeline’s proposed Section 4 generalrate filing that seeks to increase its total cost of service by19%, or $48 million, and boost annual rates for jurisdictionalpipeline and storage services by about $81 million.
May 22, 2000
Texas Gas Rate Proposal Takes Heat at FERC
Shippers on Texas Gas Transmission Corp. have called on FERC toproceed cautiously with the pipeline’s proposed Section 4 generalrate filing that seeks to increase its total cost of service by19%, or $48 million, and boost annual rates for jurisdictionalpipeline and storage services by about $81 million.
May 16, 2000
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