Agrees

The Pipeline and Hazardous Materials Safety Administration’s (PHMSA) Office of Pipeline Safety (OPS) agrees with the National Transportation Safety Board (NTSB) that pipeline wall thinning may have significantly contributed to the rupture on the Columbia Gas Transmission in West Virginia last month.

The Pipeline and Hazardous Materials Safety Administration’s (PHMSA) Office of Pipeline Safety (OPS) agrees with the National Transportation Safety Board (NTSB) that pipeline wall thinning may have significantly contributed to the rupture on the Columbia Gas Transmission in West Virginia earlier this month.

Energy guru Tom Petrie agrees with many of his peers that 2009 doesn’t appear to hold much promise for the U.S. natural gas sector. Gas prices could fall to half of where they are now if certain events coincide this summer, but he still thinks there’s a bit of blue amid the darkening clouds.

Energy guru Tom Petrie agrees with many of his peers that 2009 doesn’t appear to hold much promise for the U.S. natural gas sector. Gas prices, he said, could fall to the $2 area if certain events coincide this summer, but he still thinks there’s a bit of blue amid the darkening clouds.

FERC Chairman Joseph Kelliher said Tuesday the federal regulatory panel agrees with the U.S. Ninth Circuit Court of Appeals in San Francisco regarding its action last Friday to set a settlement conference on the California energy refund proceeding appeals cases. Consolidated appeals petitions will be included in the Sept. 6 conference, continuing the next day if necessary, the court said.

Royal Dutch/Shell Group has agreed to pay $4.6 million in severance to Walter van de Vijver, the exploration and production chief who resigned in March as the company’s energy reserves scandal unfolded.

Royal Dutch/Shell Group has agreed to pay $4.6 million in severance to Walter van de Vijver, the exploration and production chief who resigned in March as the company’s energy reserves scandal unfolded.

Enron Corp. has agreed to pay the Commodity Futures Trading Commission (CFTC) $35 million to settle charges that the company and a former gas trader, Hunter S. Shively, used Enron Online (EOL), its web-based electronic trading platform, to create artificially high gas prices at the Henry Hub in Louisiana, impacting the gas futures market on the New York Mercantile Exchange in 2001.

Enron Corp. has agreed to pay the Commodity Futures Trading Commission (CFTC) $35 million to settle charges that the company and a former gas trader, Hunter S. Shively, used Enron Online (EOL), its web-based electronic trading platform, to create artificially high gas prices at the Henry Hub in Louisiana, impacting the gas futures market on the New York Mercantile Exchange.