Delivery

El Paso Begins Cash Payouts to Settle Manipulation Charges in Western Markets

El Paso Corp. said it paid out $570 million in cash on June 11 under a master agreement to settle charges that its subsidiaries manipulated natural gas and power prices in California and other western states during a span of more than six years.

June 21, 2004

Saltville Puts 1 Bcf of High Delivery Storage Capacity on Market

Saltville Gas Storage Co. LLC, a joint venture of NUI Corp. and Duke Energy Gas Transmission, is holding a 30-day open season to test market interest in about 1 Bcf of firm gas storage capacity that is being developed at the companies’ new storage facility in Saltville, VA.

March 22, 2004

Saltville Puts 1 Bcf of High Delivery Storage Capacity on Market

Saltville Gas Storage Co. LLC, a joint venture of NUI Corp. and Duke Energy Gas Transmission, is holding a 30-day open season to test market interest in about 1 Bcf of firm gas storage capacity that is being developed at the companies’ new storage facility in Saltville, VA.

March 16, 2004

UBS: Severe Cold in January Led to Sharp Drop in Canadian Supply

Wellhead freeze-offs and other cold-related delivery problems in Canada in January led to a sharp 562 MMcf/d drop in pipeline receipts from December 2003 levels to 15.419 Bcf/d, according to a survey by UBS analysts.

March 1, 2004

UBS: Severe Cold in January Led to Sharp Drop in Canadian Supply

Wellhead freeze-offs and other cold-related delivery problems in Canada in January led to a sharp 562 MMcf/d drop in pipeline receipts from December 2003 levels to 15.419 Bcf/d, according to a survey by UBS analysts.

February 25, 2004

10 Years After Massive Quake, SoCalGas Assesses Delivery System

Nearing the 10-year anniversary of the Northridge earthquake that jolted the Los Angeles metropolitan area awake in the still-dark early morning hours of Jan. 17, 1994, one of the major utilities impacted, Sempra Energy’s Southern California Gas Co., looked back Tuesday over how its largest-in-the-nation gas infrastructure has been upgraded over the past decade.

January 15, 2004

Potential Buyers of Duke Southeast Merchant Power Plants Remain Unclear

In the wake of Duke Energy’s announcement last week that it plans to sell its merchant power plants in the Southeast, it remains unclear which players will want to step up to the plate, kick the tires and make bids on the facilities.

January 12, 2004

Administration Pushes Alaska Supply/Delivery With Congressional Conferees

The administration Wednesday urged congressional energy bill conferees to include in their final draft a provision that would dictate the opening of “a small portion of the Arctic National Wildlife Refuge (ANWR) to environmentally responsible oil and gas exploration and development,” as well as an 80% loan guarantee for a natural gas pipeline from Alaska.

September 11, 2003

Pioneer Sets Gas Production Record with 39% Sequential Increase in 2Q

Pioneer Natural Resources Co. has set a new record for quarterly gas production in North America, announcing ahead of its earnings report that it produced 48 Bcf of gas in the second quarter, a 39% sequential increase. Deepwater Gulf of Mexico (GOM) production from its Canyon Express and Falcon gas projects matched the Dallas-based producer’s expectations, and will put its quarterly worldwide oil and gas production at 14.5 MMboe.

July 18, 2003

NCNG Seeks Rate Hike to Pay for System Upgrades

Citing the need to receive compensation for the upgrades it has made on its natural gas delivery system, North Carolina Natural Gas (NCNG) said Tuesday that it has filed with the North Carolina Utilities Commission (NCUC) seeking a general increase in service rates.

April 2, 2003