Deny

FERC Friday asked a federal court in New York to deny Amaranth Advisors LLC’s request to enjoin and stay the agency’s enforcement action against the fallen hedge fund for alleged manipulation of natural gas markets.

FERC Friday asked a federal court in New York to deny Amaranth Advisors LLC’s request to enjoin and stay the agency’s enforcement action against the fallen hedge fund for alleged manipulation of natural gas markets.

It’s hard to deny that market fundamentals are looking pretty bearish for the last half of December. Cash prices tumbled about 30-85 cents on Monday from weekend levels, depending on the location, except for a few unusual cases in the already-depressed Rockies where Questar posted a small gain.

Unable to deny negative fundamentals for the second day in a row, most of the cash market was down Wednesday. However, several points — mostly in Texas, where it is warm enough to create some air conditioning load, and in the West, where much of the remaining heating demand resides — were flat to as much as 15 cents higher.

Less than a month after Congress voted to deny producers access to the energy-rich Arctic National Wildlife Refuge (ANWR), the Interior Department this week announced that it will make available hundreds of thousands of acres of North Slope tundra for oil and natural gas leasing.

A consumer advocacy group and environmental organization last Monday urged FERC to deny a request by Dominion Cove Point LNG to exempt a 800 MMcf/d sendout capacity expansion of the company’s liquefied natural gas (LNG) terminal in eastern Maryland from the agency’s open-season and cost-of-service regulations.

A consumer advocacy group and environmental organization on Monday urged FERC to deny a request by Dominion Cove Point LNG to exempt a 800 MMcf/d sendout capacity expansion of the company’s liquefied natural gas (LNG) terminal in eastern Maryland from the agency’s open-season and cost-of-service regulations.

None of the senior executives ousted by Royal Dutch/Shell Group will receive annual bonuses for 2003, the company said in an annual report issued Friday. The company also will not pay bonuses to its current management team because production targets were not met last year.

San Francisco-based Pacific Gas and Electric Co. last week filed formal objections to the state regulators’ competing reorganization plan in the utility’s ongoing Chapter 11 bankruptcy case in a federal district court. The utility outlined its major objections with an alternative reorganization plan proposed in the court proceedings by the California Public Utilities Commission.