Power pays in Alberta auction

Article Abstract:

A power auction in Alberta sold off almsot 2,000 megawatts of power, generating proceeds of $2.3-billion, as buyers hurried to accumulate energy supplies ahead of the province's deregulation of the electricity market.

Electric Power Distribution, Electric Power Sales

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Atco, Burlington plans in limbo as deal blocked

Article Abstract:

After the sale of Atco Ltd. to Burlington Resources Inc. is cancelled by the Alberta Energy and Utilities Board, both companies future plans are uncertain.

Foreign operations, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Management, Petroleum industry, Natural gas, Petroleum, Gas industry, Burlington Resources Inc., BR, Atco Ltd., Alberta. Energy and Utilities Board

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U.S. giant Duke Energy grabs Westcoast in $3.5-billion (U.S.) deal

Article Abstract:

Duke Energy Corp. has reached a deal to acquire Westcoast Energy Inc. for approximately US$3.5 billion in shares and in cash. The deal gives Westcoast a value of around 43.80 Canadian dollars per share.

Natural Gas Distribution, Gas Transmission, Natural gas transmission, Gas transmission industry, Westcoast Energy Inc., WE, Duke Energy Corp.

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