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Louisiana stepping up to tackle U.S. natural gas needs
JUST DOWN THE ROAD from this isolated fishing hamlet in the bayou country of southwestern Louisiana, a massive complex is rising to handle the nation's growing demand for natural gas.Cranes tower over arena-sized containers that stand 170 feet tall and 250 feet in diameter as hundreds of construction workers bustle about.Iberdrola to buy Brazil's Elektro for $2.4 billion
Iberdrola SA agreed to buy Brazil's Elektro Eletricidade e Servicos SA for 1.77 billion euros ($2.38 billion), gaining power distribution in an economy expanding at the fastest pace in more than two decades.Fulbright adds energy lawyer from Christensen Glaser
Los Angeles environmental and energy attorney Les Lo Baugh joined Houston-based Fulbright & Jaworski as a partner in its Los Angeles office. Lo Baugh, who has worked as general counsel for gas and power companies in California and New York, recently left the Los Angeles firm of Christensen, Glaser, Fink, Jacobs, Weil & Shapiro.Annual Report on Firm Finance: Report Shows Mixed Results for Big-Tex Finances in 2005
Gross revenue at large Texas firms moved upward in 2005, but only slightly, with the 25 highest-grossing Texas-based firms posting an overall 2.3 percent increase in total revenue last year, compared to 2004.San Francisco City Attorney Lays Energy Crisis at Feet of Power Companies
Firing the first legal salvo in California's energy crisis, San Francisco City Attorney Louise Renne sued 13 energy producers for allegedly creating artificially short supplies to keep prices high. Renne's lawsuit, filed late last week in San Francisco Superior Court, asks for an injunction to stop the alleged anticompetitive behavior and to refund an estimated $1 billion in illegal profits.Trending Stories
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