Citing “increasing soil and ambient temperature” that requires adecrease in its target linepack, NOVA is offering to sell up to190,000 gigajoules to customers. The pipeline will accept purchasetenders tied to a Canadian index through 1 p.m. MDT Thursday. Thegas will be sold through inventory transfers in approximately evenincrements over a period of up to 14 days starting around May 15,NOVA said. Call Jeff Stoffregen at (403) 541-4726 or Donna Taillonat -4802 for more information.
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PSC Approves Wisconsin Energy-WICOR Merger
The Public Service Commission of Wisconsin approved the proposedmerger of Wisconsin Energy Corp. and WICOR by a vote of 3-0. Thedeal still requires clearance from the Federal Trade Commission andSecurities and Exchange Commission. Nov. 2, the companies said theFTC had requested additional information in connection with theirHart-Scott-Rodino filing. Both companies have supplied additionalinformation and documentation in response to the request.
January 24, 2000
Alaska Cool to BP Amoco, ARCO
After Alaska’s governor balked at a move by BP Amoco to pushconsideration of its ARCO acquisition through the Federal TradeCommission, the company has backed off and pledged to address thestate’s anti-competitive concerns. Discussions between the companyand Alaska were ongoing last week.
November 8, 1999
Producers Facing ‘Catastrophic’ Market Seek Aid
The “catastrophic” impact of anemic crude oil prices on domesticoil and gas producers requires Congress and the Clintonadministration to take “extraordinary” measures to revive an”industry that is on its knees,” lawmakers on the Senate Energy andNatural Resources Committee said Thursday.
January 29, 1999
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