Southern Company Services Inc. last week asked FERC to grant a”limited waiver” of Destin Pipeline Co. L.L.C.’s suspension of itsblanket certificate authority so it can complete a delivery pointto supply gas to a generation plant being developed in Mississippi.
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Destin Customer Asks for Limited Waiver of Suspension
Southern Company Services Inc. last week asked FERC to grant a”limited waiver” of Destin Pipeline Co. L.L.C.’s suspension of itsblanket-certificate authority so it can complete a delivery pointto supply gas to a generation plant being developed in Mississippi.
FTC Takes Closer Look At El Paso-Coastal Merger
The Federal Trade Commission (FTC) last week asked El PasoEnergy and the Coastal Corp. to pony up with more informationregarding their proposed merger. The companies confirmed therequest but wouldn’t say what the FTC is seeking. The commissionwould not comment, saying the case is ongoing. Analyst speculationwas that the FTC is looking at the companies combined power in theGulf of Mexico.
FTC Takes Closer Look at El Paso-Coastal
The Federal Trade Commission (FTC) has asked El Paso Energy andthe Coastal Corp. to pony up with more information regarding theirproposed merger. The companies confirmed the request but wouldn’tsay what the FTC is seeking. The commission would not comment,saying the case is ongoing.
Internet Outshines Energy Stocks
Commodity prices are up, and the financial performance of anumber of energy companies is on the rise. The question being askedlast week in Houston was why are Wall Streeters treating energycompany stocks like ugly stepchildren?
Energy Execs Hunt For Share Price Multiples
Commodity prices are up, and the financial performance of anumber of energy companies is on the rise. The question being askedthis week in Houston is why are Wall Streeters treating energycompany stocks like ugly stepchildren?
NY Pulls in Welcome Mat for Millennium
In an “emergency motion,” the New York Public Service Commissionhas asked FERC not to award the proposed Millennium Pipeline finalenvironmental clearance until an alternate route is found for theproject in the state.
NY Pulls in Welcome Mat for Millennium
In an “emergency motion” filed last week, the New York PublicService Commission asked FERC not to award the proposed MillenniumPipeline final environmental clearance until an alternate route toan electric transmission right-of-way (ROW) in Westchester Countyis found for the project.
Favorable PD on Southern LNG Critical, Say Foreign Suppliers
British Gas Trinidad and Tobago Ltd. (BGTTL) may get an earlyChristmas present. It has asked FERC to issue a preliminarydetermination (PD) on Southern LNG’s proposal to recommission itsliquefied natural gas terminal facility at this Wednesday’smeeting. FERC has placed the project on the agenda — so BGTTL ishalf way there — but whether it will issue a PD is quite anothermatter.
Overseas Suppliers Push for Southern LNG Project
British Gas Trinidad and Tobago Ltd. (BGTTL) may get an earlyChristmas present. It has asked FERC to issue a preliminarydetermination (PD) on Southern LNG Inc.’s proposal to recommissionits liquefied natural gas terminal facility at the Dec. 15 regularmeeting. FERC has placed the project on the agenda — so BGTTL ishalfway there — but whether it will issue a PD is quite anothermatter.