NEWSREEL

摘要

1.Southern Union, GE Complete Acquisition Of Crosscountry Energy; Horton To Manage 2.Enbridge Buying Shell's Quif Of Mexico Pipelines 3.Valero To Acquire Kaneb For $2.8 Billion 4.TransCanada Acquires GTN Corporation 5. ShawCor Closing Alabama Pipe Coating Plant 6.Dynegy Completes Sale Of Gas Processing Plant IN Texas 7. KMP To Acquire Nine Refined Products Terminals 8. El Paso Corp. Closes Sale Of Power Plant 9. Petrobras Strengthens Mexico Presence 10. Western Gas Resources Purchases Assets In Wyoming CCE Holdings, LLC, a joint venture of Southern Union Company and GE Commercial Finance Energy Financial Services, completed on Nov. 17 its acquisition of 100% of the equity interests of Crosscountry Energy, LLC from Enron Corp. and its affiliates. At the same time, CCE Holdings completed the divestiture of its interests in Northern Plains Natural Gas Company, LLC and NBP Services, LLC to ONEOK, Inc. for $175 million. Southern Union Chairman George L. Lindemann stated, "This acquisition represents several very important milestones for Southern Union. We have established a solid and forward-looking partnership with GE Commercial Finance, we have become one of the largest interstate pipeline companies in the country, and, most importantly, we have created a strong foundation of assets to drive our earnings growth."