Clears

FTC Clears EnCana, Kerr-McGee Mergers with Denver Independent Producers

The Federal Trade Commission (FTC) has given the green light to two producer mergers — EnCana Corp.’s and Kerr-McGee’s separate bids to buy Denver-based independent oil and gas producers. The transactions were announced within days of each other last month.

May 11, 2004

Defense Clears Permit to Expand Sierra Production Crossing Facilities

The Department of Defense has given the green light for FERC to issue an amended presidential permit to Sierra Production Co. to double the capacity of its border-crossing facilities at the Montana-Canadian line.

January 14, 2004

Domenici, Tauzin Say Tax Deal Clears Way for Energy Bill

Top Republican negotiators on the broad energy bill, Sen Pete Domenici of New Mexico and Rep. W.J. Billy Tauzin of Louisiana, said Friday that a deal was struck on disputed issues in the tax package that allows them to make the text of the bill public on Saturday, and sets the stage for the measure to possibly clear both houses before lawmakers adjourn for the session this week.

November 17, 2003

LNG for Long Beach (CA) Harbor Clears First Local Hurdle

Tucked away in the corner of the spacious and empty Long Beach Convention and Entertainment Center earlier this month, a joint federal-local port hearing on Japanese conglomerate Mitsubishi’s proposed liquefied natural gas (LNG) receiving terminal drew many community stakeholders, but only three independent citizens, none of whom objected to accelerated preliminary environmental review.

October 20, 2003

LNG for Long Beach (CA) Harbor Clears First Local Hurdle

Tucked away in the corner of the spacious and empty Long Beach Convention and Entertainment Center last Thursday night a joint federal-local port hearing on Japanese conglomerate Mitsubishi’s proposed liquefied natural gas (LNG) receiving terminal drew many community stakeholders, but only three independent citizens, none of whom objected to accelerated preliminary environmental review.

October 15, 2003

DOE IG Clears FERC Commissioners, Recommends Recording Conference Calls

Based on interviews with Wall Street analysts the Department of Energy’s (DOE) inspector general Friday cleared FERC Chairman Pat Wood and Commissioner Nora Brownell of revealing during a conference call with the analysts how they would vote in high-profile western power contract cases, although he said he had “no way of confirming” that since no transcripts of the call were made. He recommended that the agency record or transcribe any conference calls to avoid similar questions in the future.

July 1, 2003

Southern Union’s Panhandle Eastern Acquisition Clears Missouri Hurdle

Southern Union Co. said Friday that the Missouri Public Service Commission (“MoPSC”) unanimously approved the settlement agreement reached between it and the MoPSC’s staff and Office of Public Counsel regarding the company’s acquisition of Panhandle Eastern Pipe Line Co. and its subsidiaries from CMS Gas Transmission Company, a subsidiary of CMS Energy Corporation.

March 31, 2003

Senate Panel Clears Rubin, Bankers of Illegally Influencing Enron Rating

Following a year-long investigation, a Senate committee has cleared Robert Rubin, former Treasury Secretary and current Citigroup executive, and several other bankers of allegations that they acted illegally when they contacted government officials regarding Enron Corp. and its credit rating just weeks before the energy company filed for bankruptcy in December 2001.

January 6, 2003

Coast Guard Clears Chesapeake Channel to Receive Cove Point LNG Imports

The U.S. Coast Guard has issued a favorable “letter of recommendation” in response to Dominion Resources’ plans to resume imports of liquefied natural gas (LNG) at its terminal facility in Cove Point, MD. The letter “addresses positively the suitability of part of the Chesapeake Bay for LNG marine traffic, [but] it does not in itself represent final authority to commence LNG marine transport operations,” it told the Richmond, VA-based energy company.

January 6, 2003

Coast Guard Clears Chesapeake Channel to Receive Cove Point LNG Imports

The U.S. Coast Guard has issued a favorable “letter of recommendation” in response to Dominion Power’s plans to resume imports of liquefied natural gas (LNG) at its terminal facility in Cove Point, MD. The letter “addresses positively the suitability of part of the Chesapeake Bay for LNG marine traffic, [but] it does not in itself represent final authority to commence LNG marine transport operations,” it told the power utility.

December 30, 2002