Regulated

MarkWest Buys Enterprise’s Stake in Starfish Pipeline for $42M

MarkWest Energy Partners L.P. said it will pay Enterprise Products Partners $42.1 million for a 50% non-operating stake in Starfish Pipeline Co., which owns the FERC regulated Stingray natural gas pipeline, the unregulated Triton natural gas gathering system and the West Cameron dehydration facility, all located in the Gulf of Mexico or onshore in southwestern Louisiana.

January 27, 2005

El Paso Posts 2Q Profit, Discloses Investigation in Iraqi Oil Sales

Boosted by stronger results in its regulated business units, El Paso Corp. reported Tuesday that it recorded a profit in 2Q2004. With Securities and Exchange Commission (SEC) approval, El Paso filed the quarterly statement late to reconcile prior income statements between 2001 and 2003.

November 29, 2004

El Paso Posts 2Q Profit, Closes $3B in New Credit Facilities

Boosted by stronger results in its regulated business units, El Paso Corp. reported last week that it recorded a profit in 2Q2004. With Securities and Exchange Commission (SEC) approval, El Paso filed the quarterly statement late to reconcile prior income statements between 2001 and 2003.

November 29, 2004

El Paso Posts 2Q Profit, Discloses Investigation in Iraqi Oil Sales

Boosted by stronger results in its regulated business units, El Paso Corp. reported Tuesday that it recorded a profit in 2Q2004. With Securities and Exchange Commission (SEC) approval, El Paso filed the quarterly statement late to reconcile prior income statements between 2001 and 2003.

November 29, 2004

FERC Proposes to Treat Pipeline Integrity Testing Costs as Maintenance Expense

FERC plans to issue an accounting release requiring regulated pipelines to treat as a maintenance expense those costs incurred while performing pipeline assessments that are mandated under a federal pipeline integrity program.

November 15, 2004

FERC Proposes to Treat Pipeline Integrity Testing Costs as Maintenance Expense

FERC plans to issue an accounting release requiring regulated pipelines to treat as a maintenance expense those costs incurred while performing pipeline assessments that are mandated under a federal pipeline integrity program.

November 9, 2004

FERC Proposes to Treat Pipeline Integrity Testing Costs as Maintenance Expense

FERC plans to issue an accounting release requiring regulated pipelines to treat as a maintenance expense those costs incurred while performing pipeline assessments that are mandated under a federal pipeline integrity program.

November 9, 2004

Peoples Continues Strategic Reorganization With Employee Buy-out Plan

The on-going “strategic reorganization” at Peoples Energy in Chicago is aimed at addressing lower returns from its regulated local distribution companies, the result of rising costs and declining deliveries engendered by 10 years of relatively mild winters in the upper Midwest, conservation and increasing numbers of new, energy efficient buildings.

July 26, 2004

Peoples Continues Strategic Reorganization With Employee Buy-out Plan

The on-going “strategic reorganization” at Peoples Energy in Chicago is aimed at addressing lower returns from its regulated local distribution companies, the result of rising costs and declining deliveries engendered by 10 years of relatively mild winters in the upper Midwest, conservation and increasing numbers of new, energy efficient buildings.

July 23, 2004

New Yorkers Get Lower Rates for Distributed Generation Usage

The New York Public Service Commission voted last Thursday to direct the state’s regulated natural gas utilities to file special cost-based rates for gas delivery to residential customers that have their own on-site “distributed” power generation. The new rates are expected to be lower than those currently in place.

July 12, 2004