Reached

A deal reached last year that transferred all of Chevron’s oiland gas assets in Utah’s Uinta Basin to the newly formed ShenandoahEnergy (SEI) in exchange for an equity ownership interest is payingoff big time for the energy giant, said Chevron North AmericaPresident George L. Kirkland.

A deal reached last year that transferred all of Chevron’s oiland gas assets in Utah’s Uinta Basin to the newly formed ShenandoahEnergy (SEI) in exchange for an equity ownership interest is payingoff big time for the energy giant, said Chevron North AmericaPresident George L. Kirkland.

Rochester Gas and Electric (RG&E), has reached an agreementwith the New York Public Service Commission (PSC) staff and othercompanies and groups to actively promote the customers’ right tochoose among competing natural gas suppliers.

Rochester Gas and Electric (RG&E), has reached an agreementwith the New York Public Service Commission (PSC) staff and othercompanies and groups to actively promote the customers’ right tochoose among competing natural gas suppliers.

New York Board of Trade reached an agreement last week to “makewhole” all floor operators whose funds were used to meet marginobligations of Klein and Co. Futures Inc.

New York Board of Trade reached an agreement last week to “makewhole” all floor operators whose funds were used to meet marginobligations of Klein and Co. Futures Inc. NYBOT said it will payback the innocent traders and customers of Klein. NYBOT’s decisioncame not long after the New York Mercantile Exchange and 15 of itsmembers filed a class action complaint against NYBOT, New YorkClearing Corp. (NYCC) and Klein, alleging that NYBOT improperlyused funds of Klein customers who also traded Nymex energy, oil andmetals contracts to satisfy obligations of an unrelated Kleincustomer on the New York Futures Exchange, a unit of NYBOT.

Tri-Valley Corp.’s “Project Ekho” exploration program in KernCounty, CA, reached its final depth of 19,100 feet Wednesday.Project backers now begin a 30- to 60-day period of self-imposedsilence to review drilling logs and records before continuing todevelop significant new supplies of oil and gas at thesub-15,000-foot levels in the extensively drilled central SanJoaquin Valley.

New York State Electric and Gas (NYSEG) told FERC yesterday thesituation has reached a critical stage at the New York IndependentSystem Operator, where start-up problems continue to threaten theretail electricity markets. It has called on the Commission toinvestigate and initiate emergency actions to correct continuingproblems at the ISO.

Interest in at last tapping natural gas reserves on the northernfrontiers of North America has reached into the inner circles ofWashington, the Canadian supply community has learned.