Clears

The New York Mercantile Exchange (Nymex) has extended its energy market dominance into the over-the-counter (OTC) market by clearing $1.5 billion in OTC instruments since starting OTC clearing at the end of May. As of Nov. 1, Nymex has cleared 441.1 trillion Btus of gas and 152,800 MWh of power.

Less than three weeks after receiving a certificate for the project, the Federal Energy Regulatory Commission has given Kern River Gas Transmission a green light to begin constructing some of its 2003 Expansion pipeline and compression facilities in Wyoming and Utah.

Less than three weeks after receiving a certificate for the project, the Federal Energy Regulatory Commission has given Kern River Gas Transmission a green light to begin constructing some of its 2003 Expansion pipeline and compression facilities in Wyoming and Utah.

The Federal Energy Regulatory Commission last week gave final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

The Federal Energy Regulatory Commission has given final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

The Federal Energy Regulatory Commission has given final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

The Federal Energy Regulatory Commission has given Central New York Oil and Gas Co. (CNYOG) the green light to begin commercial operation of phase one of its Stagecoach project, a high-performance underground natural gas storage facility that will serve the Northeast gas markets.

In its first major stab at Enron-related reform, the House last week overwhelmingly approved legislation that would give the Securities and Exchange Commission (SEC) expanded authority over corporations, create a new public regulatory board to oversee accountants, and demand greater corporate disclosure.

A federal judge in Boston Monday cleared the path for liquefied natural gas (LNG) shipments to enter Boston Harbor and be off-loaded at Distrigas of Massachusetts LLC’s terminal in Everett, MA, concluding that there was “no discernible claim” by the city of Boston that the LNG tankers posed a threat in the wake of the Sept. 11 terrorist strikes.