While the California governor’s press people were promising anannouncement and then reneging late Thursday afternoon, at leastone other power supplier, Williams, announced signing a 10-year,1,400-MW deal with the state water resources department (DWR).Meanwhile, supply shortages eased considerably yesterday for thefirst time in about six weeks.
Reneging
Articles from Reneging
Interior Ordered to Pay Marathon, ExxonMobil $78 Million Each
A federal appeals court in Washington D.C. has ordered theDepartment of Interior to repay ExxonMobil and USX-Marathon Group’sMarathon Oil Co. $78 million each for reneging on oil and gas leaseagreements the companies signed in 1981 to drill off the coast ofNorth Carolina.
January 8, 2001
U.S. to Pay Marathon, ExxonMobil $78 Mil Each
A federal appeals court in Washington, D.C. last week orderedthe Department of Interior to repay ExxonMobil and USX-MarathonGroup’s Marathon Oil Co. $78 million each for reneging on leaseagreements the companies signed in 1981 to drill off the coast ofNorth Carolina.
January 3, 2001