Agree

In an effort to further pave the way for their merger, AGL Resources and NUI Corp. said on Tuesday they reached a settlement agreement with Green Meadows Partners LLP regarding a shareholder class action lawsuit filed by Green Meadows against NUI, its board and AGL last month.

Western governors announced last week that they have unanimously agreed to pursue a regional approach to boosting renewable energy sources and energy efficiency through the bipartisan Western Governors’ Association (WGA), according to an announcement from California Gov. Arnold Schwarzenegger, co-leader of the effort along with New Mexico Gov. Bill Richardson, the current chairman of the governors’ group.

Western governors Tuesday announced they have unanimously agreed to pursue a regional approach to boosting renewable energy sources and energy efficiency through the bipartisan Western Governors’ Association (WGA), according to an announcement from California’s Gov. Arnold Schwarzenegger, co-leader of the effort along with New Mexico Gov. Bill Richardson, the current chairman of the governors’ group.

Nearly everyone you talk to in the gas industry today believes there’s a gas supply problem and that gas prices are going to remain high or even continue rising. James Allison, regional risk manager for ConocoPhillips, said he too sees a supply problem and higher prices, but he also said there’s a pretty good chance that everyone is wrong.

Nearly everyone you talk to in the gas industry today believes there’s a gas supply problem and that gas prices are going to remain high or even continue rising. James Allison, regional risk manager for ConocoPhillips, said he too sees a supply problem and higher prices, but he also said there’s a pretty good chance that everyone is wrong.

Heading off contentious state opposition, South Dakota-based utility holding company, NorthWestern Corp., Friday reached “preliminary agreement” with Montana regulators and consumer officials on the company’s proposed plan in federal bankruptcy court to emerge from Chapter 11 protection.

Heading off contentious state opposition, South Dakota-based utility holding company NorthWestern Corp. Friday reached a preliminary agreement with Montana regulators and consumer officials on the company’s proposed bankruptcy reorganization. As part of the deal, the Montana Public Service Commission and state Consumer Counsel agreed to settle the PSC’s investigation of the company’s utility transmission/distribution operations in the state. NorthWestern had accused the state regulators of trying to stifle its emergence from bankruptcy.

The former corporate secretary for Enron Corp. is expected to agree to settle charges with the Securities and Exchange Commission (SEC) and to help federal prosecutors in their investigation of other company executives, the Wall Street Journal reported Wednesday.

Montana’s five-member, elected Public Service Commission Thursday voted unanimously to launch an investigation of past wholesale electricity and natural gas deals in its open-access energy market. Details of how the PSC will pursue possible market manipulation in the past will come in the next two weeks when a formal order is drafted, according to one of the PSC commissioners, Tom Schneider, in an interview with NGI.