Delays

Despite more delays in a final joint local/federal environmental impact report (EIR) for the proposed liquefied natural gas (LNG) receiving terminal in Long Beach, CA, harbor, the port city’s local government is still talking regularly to the project sponsors about an eventual supply contract and pipeline between the receiving terminal and the city municipal utility operations, according to the city energy manager. A final EIR originally was scheduled for release this month.

Temporary business interruptions, project delays and damage from weather-related events failed to deter U.S. energy master limited partnerships from having a strong year, according to a report issued Thursday by Standard & Poor’s Ratings Services (S&P).

NGPL said its hydrostatic testing on the Amarillo Mainline #3 north and south of Station 195 in Washington County, KS is running into delays and is now expected to be completed Aug. 15 instead of this past Friday as previously scheduled. ITS/AOR and Secondary out-of-path services are unavailable in the affected area during this work. The pipeline also postponed a caliper pig run from Station 104 to Station on the Amarillo Mainline #3 from July 27-28 until Aug. 17. No impact on service is anticipated from this pig run.

The statutory hiatus imposed on several offshore liquefied natural gas (LNG) import terminals by the U.S. Coast Guard/Maritime Administration earlier this year is not a big concern for ExxonMobil. Spokesman Bob Davis said the company would prefer to build an onshore facility anyway and certainly will not be building all three of its remaining LNG projects.

The statutory hiatus imposed on several offshore liquefied natural gas (LNG) import terminals by the U.S. Coast Guard/Maritime Administration earlier this year is not a big concern for ExxonMobil. Spokesman Bob Davis said the company would prefer to build an onshore facility anyway and certainly will not be building all three of its remaining LNG projects.

A bribery and financial misappropriation scandal uncovered by BJ Services Co. in its Asia Pacific region division has forced it to delay filing its fiscal year 2004 annual report. The oilfield services company has requested a 15-day filing extension from Securities and Exchange Commission that will extend the filing deadline to Dec. 29.

El Paso Corp. last week delayed indefinitely reporting its fourth quarter 2003 earnings pending the completion of both an internal and an independent review on the impact of a 41% negative oil and gas reserves revision. The Houston-based company had been scheduled to issue its quarterly statement Thursday.

El Paso Corp. delayed indefinitely reporting its fourth quarter 2003 earnings pending the completion of both an internal and an independent review on the impact of a 41% negative oil and gas reserves revision announced last month. The Houston-based company had been scheduled to issue its quarterly statement Thursday.

Ailing NUI Corp. warned last Tuesday that it has delayed posting its financial results because of an ongoing internal investigation into its energy trading division, NUI Energy Brokers.