A group of six energy trade associations, a broad coalition of producers, consumers and utilities and the Committee of Chief Risk Officers (CCRO) late Monday submitted a comprehensive proposal identifying the key natural gas price reporting issues that it reached consensus on, as well as the issues on which agreement was not achieved.
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Wild Goose Storage Gets Record CPUC Penalty Over Ownership Change
California’s first merchant natural gas storage facility, Canadian-backed Wild Goose Storage, was fined $51,500 and criticized by state regulators Thursday for its handling of the change of parent company that occurred when EnCana was formed last year. It was a first-of-its-kind fine for this type of technical violation; previous fines never exceeded $8,000.
Encana Reports New Elephant Gas Field in B.C.
While most agree the easy supply growth is over in Canada, the country’s top natural gas producer is showing it still pays to venture into the difficult parts of the western provinces.
Encana Reports New Elephant Gas Field in BC
While all most agree the easy supply growth is over, Canada’s top natural gas producer is showing it still pays to venture into the difficult parts of the western provinces.
Meteorologists Agree: Baby, it’s Cold Outside
Most of the folks in the Lower 48 states apparently won’t be reaching for their flip-flops and suntan lotion anytime soon. Salomon Smith Barney meteorologist Jon Davis warned the “WINTER IS NOT OVER!” last week and a number of other weather forecasters agreed.
Meteorologists Agree: Baby, it’s Cold Outside
It appears that most of the Lower 48 states will not be reaching for their flip-flops and suntan lotion anytime soon as a number of weather forcasting agencies are calling for winter weather to go on, and on, and on. While pointing out that the storm now approaching the East will not be as fierce as the President’s Day “city storm,” Salomon Smith Barney meteorologist Jon Davis warned “WINTER IS NOT OVER!”
Quicksilver, EnCana Agree to Split Assets, Pursue Separate CBM Strategies in Canada
EnCana Corp. and MGV Energy Inc., the Canadian subsidiary of Quicksilver Resources Inc., are calling it quits on a joint coalbed methane (CBM) venture that to date has successfully drilled 175 wells in southern Alberta.
Quicksilver, EnCana Agree to Split Assets, Pursue Separate CBM Strategies in Canada
EnCana Corp. and MGV Energy Inc., the Canadian subsidiary of Quicksilver Resources Inc., are calling it quits on a joint coalbed methane (CBM) venture that to date has successfully drilled 175 wells in southern Alberta.
Senate/House Energy Conferees Agree on Pipeline Safety, Nuclear Liability Extension
Senate and House conferees reportedly are preparing to end two years of congressional debate with the recommendation of an energy bill unworthy of the name. In fact, the compromise bill that was expected to be proposed Tuesday would more aptly be called the pipeline safety and nuclear liability limitation extension bill.
Aquila, Cogentrix Agree to Terminate Merger
Citing current uncertainty in the electric power market, Aquila Inc. and Cogentrix Energy Inc. on Friday jointly agreed to drop the planned acquisition of Cogentrix by Aquila. The companies said that currently “the transaction impractical and not in either company’s best interest.” The transaction between Aquila and the Charlotte, NC-based company was announced in April (see Power Market Today, May 1). Aquila said it did not consider the termination part of its “ongoing efforts” to sell $1 billion in non-strategic assets.