Bulk

Bison Pipeline LLC has asked FERC to approve its request to put the bulk of its pipeline project in service by Tuesday (Jan. 4).

Integrys Energy Group Inc. has agreed with an unidentified buyer to sell the bulk of its unregulated marketing arm, the U.S. operations of Integrys Energy Services Inc. in a two-part transaction, the company said last Thursday. The agreement appeared to be the final step in Integrys’ strategy of divesting more risky enterprises to focus on its core natural gas and electric utility businesses.

Integrys Energy Group Inc. has agreed with an unidentified buyer to sell the bulk of its unregulated marketing arm, the U.S. operations of Integrys Energy Services Inc. in a two-part transaction, the company said Thursday. The agreement appeared to be the final step in Integrys’ strategy of divesting more risky enterprises to focus on its core natural gas and electric utility businesses.

FERC Friday approved Kinder Morgan Louisiana Pipeline LLC’s request to begin service on the bulk of a 135-mile, mostly 42-inch diameter pipeline that will carry regasified liquefied natural gas (LNG) from Cheniere LNG’s 2.6 Bcf Sabine Pass import terminal in Cameron Parish, LA, to multiple pipelines.

The reliability of the bulk power system for this summer should be adequate, though wholesale electric prices — influenced more by natural gas than anything else — are likely to continue to rise, according to Charles Whitmore of FERC’s Office of Enforcement.

The reliability of the bulk power system this summer should be adequate, though wholesale electric prices — influenced more by natural gas than anything else — are likely to continue to rise, according to Charles Whitmore of FERC’s Office of Enforcement.

Southern Natural Gas Co. (SNG), a subsidiary of El Paso Corp., said last week it has placed phase one of its Cypress Pipeline project into service. The bulk of the project received permission to begin service from the Federal Energy Regulatory Commission late last month (see NGI, April 30).

Southern Natural Gas Co. (SNG), a subsidiary of El Paso Corp., said Tuesday it has placed phase one of its Cypress Pipeline project into service. The bulk of the project received permission to begin service from the Federal Energy Regulatory Commission last week (see Daily GPI, April 27).

Taking advantage of high commodity prices to bulk up its proved oil and natural gas reserves, Plains Exploration & Production Co. (PXP) has entered into an agreement to acquire 106 Bcfe of proved reserves and 70 Bcfe of unproved resource potential in South Texas from a private company for $335 million.