Tractebel Awarded Mexican Distribution Permit

Mexico’s Energy Regulatory Commission (CRE) issued the Queretarogas distribution permit to Belgian electric utility Tractebel.Tractebel was awarded the permit as a result of the bid processundertaken by the CRE for the geographic zone, which comprises themetropolitan area of Queretaro, as well as the city of San Juan delRio.

December 31, 1998

EPA Calls for 28% NOx Reduction by 2007

Natural gas should be a big winner as a result of theEnvironmental Protection Agency’s final plan for reducingsmog-causing emissions of nitrogen oxides (NOx) that was releasedyesterday. The plan calls for a reduction of 1.1 million tonsannually, or 28%, in 22 eastern states and District of Columbia by2007. States clean air plans come due in September 1999 and neededcontrols must be in place by 2003.

September 25, 1998

Producers Can Meet 32 Tcf Market in 2015, GRI Says

Barring the potential for additional gas demand that couldresult from the Kyoto global-warming accord, the Gas ResearchInstitute (GRI) yesterday projected that domestic natural gasconsumption will rise by about 30%, or 9.5 quadrillion Btus(quads), to nearly 32 quads by 2015. It predicts that producers,both in the United States and Canada, will be able to meet thedemand challenge, but it conceded that the road ahead won’t be aneasy one.

August 25, 1998

AGL Resources Posts Third-Quarter Losses

AGL Resources Inc., parent of Atlanta Gas Light (AGL) posted anet loss of $1.2 million for the third quarter ended June 30,compared with a gain of $1.4 million for the year-earlier quarter.

August 11, 1998

Arco-Mobil Swap Would Net Vastar GOM Properties

A property swap between an ARCO subsidiary and Mobil wouldresult in Houston-based Vastar Resources picking up 1999 Gulf ofMexico production estimated to be 180 MMcfe/d.

August 5, 1998

FERC Opens Three New Offices

FERC Chairman James Hoecker has announced the start-up of threenew offices, created as a result of the agency’s on-goingrestructuring.

July 23, 1998

Analyst Sees Widespread Divestiture of Market Affiliates

Non-regulated utility marketing affiliates may become a thing ofthe past, not as a result of forced divestiture but of voluntaryseparation, according to Hagler Bailly Consulting’s Ken Malloy.

April 28, 1998

KN/MidCon Combo Slashes Work Force

KN Energy will be reducing its new combined work force by a total of 750 positions or 18% as the result of the integration of its operations with that of newly-acquired MidCon Corp., the company acknowledged Wednesday.

March 26, 1998

MC2 Looking to Western Markets

As a result of KN Energy’s acquisition of MidCon Corp. in lateJanuary, MC2 said it plans to turn its focus to retail natural gasand electric markets in western states in which its new parent doesa lot of trading.

March 6, 1998
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