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Duke Energy International, LLC (DEI) acquired Broken HillProprietary Company Ltd.’s power business (BHP Power) for $315million. The purchase will establish DEI as an industrial energyfacility operator in the emerging competitive Australianelectricity market.

Atlantic Richfield (ARCO) and Mobil Exploration & ProducingU.S. yesterday announced that they closed an exchange transactionthat will allow ARCO subsidiary Vastar Resources to boost its gasproduction and reserve activity level in the Gulf of Mexico shelfby one third, and Mobil’s exploration and production arm tosignificantly increase its stake in California production. The dealclosed on Oct. 31st.

Exxon Company U.S.A. will buy a coastal processing facility 25miles west of Santa Barbara from a Southern California Gas affiliate for an undisclosed amount, it was announced last week.The plant processes 60 MMcf/d of offshore California natural gasproduced by Exxon’s Platform Honda.

Exxon Company U.S.A. will buy a coastal processing facility 25miles west of Santa Barbara from a Southern California Gas affiliate for an undisclosed amount, it was announced last week.The plant processes 60 MMcf/d of offshore California natural gasproduced by Exxon’s Platform Honda.

Six industry trade associations will ask FERC today to extend by74 days the deadline for industry comments on the major notice ofproposed rulemaking (NOPR) and notice of inquiry (NOI) that wereissued in July.

Atlantic Richfield Co. (ARCO) told employees it will lay offworkers and cut its operating budget in anticipation of continuedlow oil prices. No details on the number of job cuts or where theywould be made were available. A company spokesman told NGI ARCOshould have a plan in place by mid to late October. ARCO has about20,000 employees, all but about 3,500 of them in the United States.

The Coastal Corp. said Herbert W. Cole was elected vicepresident, accounting policy and operational compliance, of CoastalOil &amp Gas. Cole will be responsible for regulatory accounting,contract compliance and special projects for Coastal’s explorationand production (E&ampP) business. Cole joined Coastal in 1984 andhas served as assistant controller, budgeting and financialaccounting of Coastal Oil &amp Gas since 1995.

The Coastal Corp. said Herbert W. Cole was elected vicepresident, accounting policy and operational compliance, of CoastalOil & Gas. Cole will be responsible for regulatory accounting,contract compliance and special projects for Coastal’s explorationand production (E&P) business. Cole joined Coastal in 1984 andhas served as assistant controller, budgeting and financialaccounting of Coastal Oil & Gas since 1995.

Tenaska Frontier Partners Ltd. and Power Team said constructionwill begin immediately on the largest non-utility electricgeneration plant in the U.S. The Tenaska Frontier GenerationStation is an 830 MW gas-fired, combined-cycle facility to beconstructed near Shiro, TX, 70 miles northwest of Houston. Theplant is expected to use about 145,000 MMBtu/d.