Considering

Although production could be a decade away, Calgary-based Husky Energy has begun evaluating the potential to produce and transport natural gas from its White Rose field offshore Newfoundland and Labrador.

Calgary-based Husky Energy has begun evaluating the potential to produce and transport natural gas from its White Rose field offshore Newfoundland and Labrador, but said production may be a decade away.

Trinidad’s Energy Minister Eric Williams told Reuters New Service this week that Trinidad and Tobago is considering investing in a liquefied natural gas (LNG) import terminal in the United States. He did not say whether an existing or proposed terminal was being considered. Trinidad is the largest supplier of LNG to the United States. The Atlantic LNG joint venture, which includes The National Gas Company of Trinidad, BP, BG Group, Repsol and Tractebel, currently has three LNG supply trains operating and a fourth under construction. Trinidad and Tobago produces about 2.8 Bcf/d currently, and the government expects output to rise to about 3 Bcf/d by the end of the year.

London-based Royal Dutch/Shell Group denied a published report Monday that it is considering hiring the former Securities and Exchange Commission (SEC) chairman to help it deal with the complexities associated with the agency’s ongoing inquiry into the company’s overbooking of oil and natural gas reserves.

The Department of Transportation (DOT) said it was “considering granting” Portland Natural Gas Transmission System (PNGTS) a waiver of federal regulations that would permit it to continue to operate its pipeline at its established maximum allowable operating pressure (MAOP) even though two sections of its system now run through high-population density areas.

The Department of Transportation (DOT) said it was “considering granting” Portland Natural Gas Transmission System (PNGTS) a waiver of federal regulations that would permit it to continue to operate its pipeline at its established maximum allowable operating pressure (MAOP) even though two sections of its system now run through high-population density areas.

Considering the expectations of mild weather in the coming week, some traders were undoubtedly surprised when a number of points, mostly in the East, saw flat to a dime higher pricing Friday. However, the overall thrust of a mixed market was downward, with losses running as high as nearly 35 cents in the Northeast but generally a dime or less.

Teco Energy is well on the way out of its liquidity crisis, but is considering reinforcing its position with the sale of its merchant energy unit including its two just-completed giant power projects, the 2,145 MW Gila River power station in Arizona and the 2,200 MW Union Power Station in Arkansas.

A federal judge in Houston is considering a proposal to schedule October 2005 as the beginning of civil trials against Enron Corp., its former executives and investment firms. U.S. District Judge Melinda Harmon had put all of the Enron-related lawsuits on hold until she had reviewed the defendants’ requests to dismiss them.