Technologies

Altra Launches Customized Online Energy Exchanges

In a shift that allows energy businesses to customize their online trading, Altra Energy Technologies Inc. has partnered with a California e-business provider to give customers the ability to set up private trading exchanges online. Altra’s alliance with @TheMoment of San Mateo, CA will give companies more control over their online trading floors, allowing them to set up direct sales online, through forward auction and live bid/ask exchange applications.

July 2, 2001

Altra, Epicentric Launch New ONEOK Internet Portal

Altra E-Business Solutions, a subsidiary of Altra Energy Technologies, Inc., and Epicentric have designed and launched a new energy portal for ONEOK, Inc. The ‘My OEMT’ (for ONEOK Energy Marketing and Trading) portal will act as an e-business network, simultaneously delivering customized commerce services, business applications and targeted content to different user groups within the energy industry.

May 16, 2001

Altra CEO Rejects Forrester Report’s Conclusions

A recent report by Forrester Research on the impending demise of independent trading exchanges doesn’t impress Altra Energy Technologies CEO Paul Bourke, who told NGI there are a few items the researchers overlooked in their race to endorse exchanges sponsored by the New York Mercantile Exchange and by companies trading in the market.

April 17, 2001

DWR Taps Altra Energy For Power Transaction Software

Two key divisions of California’s Department of Water Resources (DWR) have chosen Altra Energy Technologies Inc.’s energy transaction software, Altra Power, to assist in the scheduling and settlement processes associated with CDWR’s statewide power purchases.

April 16, 2001

CDWR Taps Altra Energy For Power Transaction Software

Two key divisions of the California Department of Water Resources (CDWR) have chosen Altra Energy Technologies Inc.’s energy transaction software, Altra Power, to assist in the scheduling and settlement processes associated with CDWR’s statewide power purchases.

April 12, 2001

Koch Receives Excuse Note from Antitrust Case

Months after an arbitrator awarded American Central GasTechnologies Co. $8.3 million in a ruling that Union PacificResources (UPR) and Duke Energy Field Services (DEFS) hadmonopolized natural gas processing in Panola County, TX, thecompanies are at it again, this time in an East Texas districtcourtroom (see NGI, Aug. 14, 2000).

March 5, 2001

Koch Gets Excused from Antitrust Case

Months after an arbitrator awarded American Central GasTechnologies Co. $8.3 million in a ruling that Union PacificResources (UPR) and Duke Energy Field Services (DEFS) hadmonopolized natural gas processing in Panola County, TX, thecompanies are at it again, this time in an East Texas districtcourtroom (see Daily GPI, Aug. 10, 2000).

March 2, 2001

Braziel Steps Down as Altra Chair

Rusty Braziel, the founder of electronic trader Altra EnergyTechnologies Inc. based in Houston, stepped down as chairmanyesterday to oversee the launch of his new e-markets consulting andsoftware company, Netrana. Although Braziel will remain on Altra’sboard of directors, CEO Paul Bourke assumes the chairman’s role andwill now set growth and operating strategies.

February 8, 2001

Altra Reports Revenues, Trades Up in 2000

Bucking the tech trend, five-year-old electronic trader AltraEnergy Technologies Inc., coming off a year of trading and revenueincreases, expects to make it into the black in this first quarterof 2001.

February 5, 2001

Altra Reports Revenues, Trades Up in 2000

Bucking the tech trend, five-year-old electronic trader AltraEnergy Technologies Inc., coming off a year of trading and revenueincreases, expects to make it into the black in this first quarterof 2001.

January 31, 2001