Unwavering

In a dramatic move that shows its unwavering focus on its unconventional North American natural gas business and oilsands operations, EnCana Corp. announced a $2.1 billion sale Friday of its entire United Kingdom North Sea oil assets, including a 43.2% interest in the massive Buzzard oil field, to Nexen Inc. EnCana also said it plans to sell its Gulf of Mexico holdings and exit Ecuador in 2005.

In a dramatic move that shows its unwavering focus on its unconventional North American natural gas business and oilsands operations, EnCana Corp. announced a $2.1 billion sale Friday of its entire United Kingdom North Sea oil assets, including a 43.2% interest in the massive Buzzard oil field, to Nexen Inc. EnCana also said it plans to sell its Gulf of Mexico holdings and exit Ecuador in 2005.

Threatening takeover of the state’s electric infrastructure,California officials Tuesday continued their unwavering call forthe Federal Energy Regulatory Commission to provide consumerrefunds and cost-based rates to stabilize wholesale markets in thestate and throughout the western U.S.

Threatening takeover of the state’s electric infrastructure,California officials Tuesday continued their unwavering call forthe Federal Energy Regulatory Commission to provide consumerrefunds and cost-based rates to stabilize wholesale markets in thestate and throughout the western U.S.