Trails

Salt Lake City-based Questar Corp. officials reiterated on a quarterly earnings call Thursday their intention to sell the 488-mile Southern Trails natural gas pipeline, extending from the Blanco Hub in New Mexico to just inside California.

Kudos to the Dynegy Foundation for coming up with a warm, fuzzy and funny approach to charity that will be self-sustaining and can’t help but create good vibes for parent Dynegy Inc.

Kudos to the Dynegy Foundation for coming up with a warm, fuzzy and funny approach to charity that will be self-sustaining and can’t help but create good vibes for parent Dynegy Inc.

Higher commodity prices, cost savings and mergers contributed toBP Amoco Plc’s $14.2 billion windfall year-end profits last year,which broke British profit records and were second only toU.S.-based rival Exxon Mobil Corp.’s $17 billion profit for 2000.BP’s profit in 1999 was $6.2 million.

Powder River producer Pennaco Energy revised downward itsestimated gas production for the fourth quarter of 2000 and for2001 because of some maneuvering by competitors that has reducedits wellhead deliveries. It also has encountered some downholewater problems at a couple of its projects.

Questar Pipeline said last week it plans to build severalextensions on the converted Southern Trails Pipeline (formerlyARCO’s Line 90) to provide greater access to San Juan Basin andRocky Mountain region supplies and to create a link to El Paso,Transwestern and others at the California border. The company alsois planning a short extension to several Long Beach, CA,refineries. Questar completed the $38 million purchase of the linefrom ARCO Pipe Line Co. last week.