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.
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Two Ohio Gas Utilities Cleared to Exit Merchant Function
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 Upholds Approval of Tetco’s New Jersey-New York Expansion
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).
Hear Them Roar: Nabors Shareholders OK Power to Oust Board Members
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.
Trio of Marcellus Takeaway Projects Approved to Begin Construction
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.
FERC Vacates Weaver’s Cove Certificate
FERC Wednesday officially vacated the certificate approving the Weaver’s Cove Energy LLC liquefied natural gas (LNG) import terminal and associated facilities proposed for Fall River, MA.
DRBC to Hold Another Public Hearing on XTO Energy
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 Upholds Order on Enogex-Midcontinent Lease Agreement
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 Rejects Challenges to Order Approving Ruby Pipeline
FERC Wednesday rejected pleas attempting to overturn its order approving the Ruby Pipeline LLC project on environmental grounds.
New FERC Methodology to Cut Pipeline Fuel Charges
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).