Richard Green, CEO of Aquila Inc., last week told an audience of investment professionals that the company’s disposition of its trade book has “virtually been completed.” The company in August of last year vowed to exit the wholesale energy marketing and trading business operated by its Aquila Merchant Services subsidiary (see NGI, Aug. 12, 2002).
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Williams Confirms Houston Office May be Moved to Tulsa
Houston’s office space and unemployed energy professionals may grow if Williams Cos. decides to consolidate and move its Texas operations to its Tulsa headquarters. The company, which wants to trim at least $200 million more in costs a year, confirmed that consolidation and relocation discussions have begun, but no final decision has been announced.
September 24, 2002
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