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Three men pleaded guilty last week in Houston to one count eachof wire fraud charges related to the bilking of hundreds ofthousands of dollars from the Coastal Corp.

Three men pleaded guilty this week in Houston to one count eachof wire fraud charges related to the bilking of hundreds ofthousands of dollars from the Coastal Corp.

In announcing a $4 billion deal with Duke Energy North Americato provide power generation supplies and related services, GE PowerSystems said it has entered into one of the largest commitments ofits type in U.S. history.

Pacific Gas & Electric lifted a high-inventory OFO that hadbeen in effect for Friday only. All cold weather-related pipelineOFOs issued in the last two weeks remained in effect going into theweekend.

Conectiv is selling 1,875 MW of fossil-fired generation andrelated assets that are owned by its subsidiaries, Atlantic CityElectric Co. and Delmarva Power & Light, to NRG Energy ofMinneapolis, a subsidiary of Northern States Power, for $800million. The deal includes a power sales contract at closing, inwhich Delmarva will buy 500 MW from NRG.

Conectiv is selling 1,875 MW of fossil-fired generation andrelated assets that are owned by its subsidiaries, Atlantic CityElectric Co. and Delmarva Power & Light, to NRG Energy ofMinneapolis, a subsidiary of Northern States Power, for $800million. The deal includes a power sales contract at closing, inwhich Delmarva will buy 500 MW from NRG.

AltaGas Services acquired a 53-mile gas gathering system andrelated compression in the Kindersley area of Saskatchewan for C$3million. The acquisition of the Kindersley & Kerrobert gasgathering systems are a significant strategic addition to AltaGas’Central Border gas gathering and processing complex. With theaddition of these systems AltaGas’ contiguous presence in westcentral Saskatchewan is 56 miles east from the Alberta/Saskatchewanborder. This extensive area presence provides AltaGas withsignificant opportunity as producers are expected to substantiallyincrease gas drilling activity in this currently largelyundeveloped gas region. Since AltaGas’ first acquisition in thisarea in 1996, Central Border has increased from a 4 MMcf/dprocessing facility with 49 miles of gathering lines to an 81MMcf/d processing complex with more than 311miles of gatheringlines. With the addition of these new assets utilization of theCentral Border complex will be 78%.

Citing high storage inventories and declining injectioncapabilities related to high field pressures, CIG will implement anOFO taking effect today until further notice for all firmtransportation and storage customers. To relieve a “criticaloperational situation,” CIG is limiting No-Notice Transportation(NNT-1 and NNT-2) customers to an injection maximum of 1/250th oftheir contractual Maximum Available Capacity. Shippers with storageinventory exceeding MAC should initiate withdrawals to get withintheir allowable limits, the pipeline said. Although interruptiblestorage customers (IS-1) were not specifically part of the OFO,they were notified that injections are not available. In additionto the storage situation, CIG said, excessive positive imbalanceson FT contracts are threatening system integrity.

Midcoast Energy Resources Inc. plans to acquire Kansas PipelineCo. (KPC), MarGasCo Partnership (MarGasCo) and other relatedentities. The $190 million deal includes the Kansas Pipelinesystem, which provides gas service to the Wichita and Kansas Citymetropolitan markets. The addition of the KPC system represents a41% increase in the total miles of pipeline owned by Midcoast.