Allows

PPL Corp. has agreed to sell its natural gas distribution subsidiary, PPL Gas Utilities Corp., and propane subsidiary, Penn Fuel Propane LLC, to UGI Utilities Inc., it said last week, noting the move allows it to focus on its power generation and electricity delivery businesses.

Sen. Bill Nelson (D-FL), a foe of drilling offshore Florida, has asked President Bush not to renew an international agreement that allows for oil and natural gas drilling in Cuban waters within 50 miles of the Sunshine State’s coastline.

Sen. Bill Nelson (D-FL), a foe of drilling offshore Florida, has asked President Bush not to renew an international agreement that allows for oil and natural gas drilling in Cuban waters within 50 miles of the Sunshine State’s coastline.

Michigan Consolidated Gas (MichCon) will postpone until 2010 a request to raise base rates if the Michigan Public Service Commission (MPSC) allows the company to sell excess gas from one of its storage fields.

Michigan Consolidated Gas (MichCon) will postpone until 2010 a request to raise base rates if the Michigan Public Service Commission (MPSC) allows the company to sell excess gas from one of its storage fields.

Over the objections of state regulators and consumer advocate and power groups, FERC has upheld a ruling in a November 2006 order that allows the agency to override permit denials by state regulators to promote construction of electric transmission facilities in a national corridor.

FERC last Wednesday approved a stipulation and consent agreement that allows Calpine Corp. affiliate Calpine Energy Services LP (CES) to include a $4.5 million civil penalty claim in its bankruptcy proceeding to resolve self-reported violations of the agency’s shipper-must-have-title requirements. The U.S. Bankruptcy Court for the Southern District of New York approved payment of the claim to the agency.

FERC Wednesday approved a stipulation and consent agreement that allows Calpine Corp. affiliate Calpine Energy Services LP (CES) to include a $4.5 million civil penalty claim in its bankruptcy proceeding to resolve self-reported violations of the agency’s shipper-must-have-title requirements. The U.S. Bankruptcy Court for the Southern District of New York approved payment of the claim to the agency.

Pennsylvania regulators last Tuesday approved a settlement agreement that allows Pittsburgh-based Duquesne Light Holdings to be purchased by a consortium led by Macquarie Infrastructure Partners (MIP) and Diversified Utility and Energy Trusts (DUET) for an estimated $1.6 billion.