El Paso and Duke Energy under investigation.

From: South American Business Information | Date: July 16, 2002 | Copyright information

Brazil, Jul 15, 2002

The operations of Duke Energy and El Paso concerning the commercialization of natural gas and energy are being investigated. Duke is present in more than 50 countries and in Latin America it has operations in Brazil, Argentina, Peru, Bolivia, Mexico, El Salvador, Guatemala and Honduras. In Brazil, it controls Geracao Paranapanema acquired from Cesp (Companhia Energetica de Sao Paulo) in July 1999. The company holds eight hydroelectric power facilitie...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

Houston Grand Jury Subpoenas Duke Energy, El Paso Corp. for Trade Records.
Knight Ridder/Tribune Business News ; ... Knight Ridder/Tribune Business News Jul. 13--Two companies with major energy trading operations in Houston ... trading regulators subpoenaed Duke Energy's records, the company reported. Houston-based El Paso Corp. was also served a subpoena ... round-trip trades of natural gas. El ...
Probe of El Paso trading expands to ex-employees
Deseret News (Salt Lake City) ; HOUSTON -- As many as 10 former El Paso Corp. traders and supervisors could face charges ... natural gas prices as the scope of a grand jury investigation into the matter expands. The U.S. Attorney's office ... agreed to cooperate with prosecutors in the ongoing investigation. Geiger, 39, was charged in ...
Two Energy Companies Come Under Scrutiny over Questionable Trades.
Odessa American (Odessa, Texas) (via Knight-Ridder/Tribune Business News) ; ... Julie Breaux Jul. 16--Any energy company that dipped its toe in the waters of energy trading will probably be investigated ... economist Ray Perryman. Two energy companies that operate pipelines in the Permian Basin El Paso Corp. and Dynegy Inc. have come under increased scrutiny over ...
Duke Energy agrees to $207.5 million settlement.
Knight Ridder/Tribune Business News ; ... Knight Ridder/Tribune Business News Jul. 14--Duke Energy has agreed to a $207.5 million ... million in forgiveness of debts Duke claimed for selling electricity ... multibillion-dollar tab after energy companies ran amok in an unprecedented ... would be the eighth reached by his energy ...
Duke Energy Joint Venture Agrees to Pay $28 Million in Gas Price Index Probe.
Knight Ridder/Tribune Business News ; ... Knight Ridder/Tribune Business News Sep. 17--The Commodity Futures ... settlement yet in its probe into energy price index reporting as a Duke Energy Corp. joint venture agreed to ... deal, in which Houston-based Duke Energy Trading and Marketing neither ... agency's findings, stems from ...