Disclosed

El Paso Corp. disclosed on Friday that it will take $1.3-1.5 billion pre-tax asset impairment charges in the second quarter for its petroleum (including Aruba), telecommunications, and other asset sales. The company already said it expected charges of $150-200 million for the California settlement. It also expects severance and other charges related to its Clean Slate cost cutting initiative of approximately $30 million, bringing total impairment changes to between $1.48 billion and $1.73 billion.

Continuing ongoing efforts to bolster its balance sheet, Reliant Resources Inc. on Wednesday disclosed that it has entered into a definitive agreement for the sale of its 588 MW Desert Basin plant in Arizona to the Salt River Project Agricultural Improvement and Power District (SRP) for $288.5 million.

EIA officials disclosed in an interview with NGI on Friday that the agency is planning to make a change to its natural gas storage survey estimation parameters to improve its weekly storage estimates while avoiding frequent storage revisions.

EIA officials disclosed in an interview with NGI on Friday that the agency is planning to make a change to its natural gas storage survey estimation parameters to improve its weekly storage estimates while avoiding frequent storage revisions.

El Paso Corp. disclosed last Monday it has furnished the U.S. Attorney’s Office in Houston with details of more incidents in which its employees gave deceptive information on natural gas trades to the energy trade publication, Platts’ Inside F.E.R.C. At the same time, federal prosecutors said in court the false reporting practices of El Paso traders were part of a two-year-old conspiracy to manipulate energy prices.

El Paso Corp. disclosed Monday it has provided the U.S. Attorney’s Office in Houston with details of more incidents in which its employees gave deceptive information on natural gas trades to the energy trade publication, Platts’ Inside F.E.R.C. At the same time, federal prosecutors said in court the false reporting practices of El Paso traders were part of a two-year-old conspiracy to manipulate energy prices.

Boise-based IDACORP, parent company of Idaho Power, disclosed that it is under investigation by the Commodity Futures Trading Commission for potentially engaging in round-trip or wash trading, which is designed primarily to boost trading volumes to create the appearance of a larger trading operation.

Boise-based IDACORP, parent company of Idaho Power, disclosed that it is under investigation by the Commodity Futures Trading Commission for potentially engaging in round-trip or wash trading, which is designed primarily to boost trading volumes to create the appearance of a larger trading operation.

Tulsa, OK-based Williams Cos. Inc. disclosed this week that it is the target of an inquiry by the Securities and Exchange Commission (SEC) into its round-trip trading activity in western energy markets.