The Public Utilities Commission of Ohio (PUCO) moved the state further toward retail deregulation last week, approving settlements with Dominion East Ohio Gas and Columbia Gas of Ohio that would allow the local distribution companies (LDC) to gradually move out of the merchant function starting with nonresidential customers.
Articles from Approving
The Public Utilities Commission of Ohio (PUCO) moved the state further toward retail deregulation this week, approving settlements with Dominion East Ohio Gas and Columbia Gas of Ohio that would allow the local distribution companies (LDC) to gradually move out of the merchant function starting with nonresidential customers.
FERC Thursday upheld its May order approving the New Jersey-New York Expansion Project, a 20-mile expansion of the company’s Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission interstate pipeline systems (see Daily GPI, May 23).
Nabors Industries Ltd. shareholders apparently scored an industry first on Tuesday, approving a nonbinding resolution giving them power to oust members of the drilling contractor’s board of directors. The proxy access resolution is said to be the first successfully passed by shareholders of a major company.
The outlook for takeaway capacity from the Marcellus Shale continued to brighten this week, with FERC approving three pipeline expansion projects — two requested by National Fuel Gas Supply Corp. and another by Texas Eastern Transmission — designed to feed Marcellus gas to Northeast markets.
The Delaware River Basin Commission (DRBC) will hold another public hearing over plans by XTO Energy Inc., an ExxonMobil Corp. subsidiary, to withdraw up to 250,000 gal/d of surface water from a creek in New York for natural gas wells.
FERC on Thursday reaffirmed on remand an order approving a lease agreement between Midcontinent Express Pipeline LLC, an interstate system, and Enogex LLC, an intrastate pipeline, to transport natural gas produced in Oklahoma.
FERC Wednesday rejected pleas attempting to overturn its order approving the Ruby Pipeline LLC project on environmental grounds.
FERC Thursday addressed the issue of pipeline over-recovery of fuel costs, approving a Columbia Gulf Transmission plan for an incentive-based methodology providing lower fixed fuel retainage percentages, plus revenue sharing among the pipeline and shippers of any savings from pipeline improvements (RP10-134).