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Tractebel LNG North America LLC, the largest supplier of liquefied natural gas (LNG) in the United States, and Oslo, Norway-based Bergesen, one of the world’s leading shipping companies, announced Tuesday the launch of a new 138,000 cubic meter LNG vessel that will begin making deliveries for Tractebel under an exclusive, long-term charter.

CMS Energy has sold its one-third interest in the 142-mile Guardian Pipeline LLC to a subsidiary of WPS Resources Corp. for $26 million. Wisconsin Energy and Viking Gas Transmission each still hold their one-third interests in the pipeline, which began operations in December 2002. The pipe begins near Joliet, IL, and transports gas into southern Wisconsin. Guardian can transport 750 MMcf/d.

The new Congress with slim Republican majorities in each house has a better chance to pass a trimmed down energy bill or to sneak through an Alaska National Wildlife Refuge (ANWR) drilling bill in the next two years, according to Slade Gorton, a former three-term Republican senator from the state of Washington.

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.

The new Congress with slim Republican majorities in each house has a better chance to pass a trimmed down energy bill or to sneak through an Alaska National Wildlife Refuge (ANWR) drilling bill in the next two years, according to Slade Gorton, a former three-term Republican senator from the state of Washington.

While many energy companies have been cowering behind ugly third quarter financial results, Entergy Corp. on Wednesday stood out in the crowd with substantially higher earnings. In fact, operational earnings per share were up 21%, setting a new company record for third quarter.

After failing to break below support in each of the past three trading sessions, natural gas futures turned higher Tuesday as traders covered short positions on constructive weather outlooks and ahead of fresh storage data due out Thursday morning. The August contract finished at $2.863, up 7.9 cents for the session but only 0.3 cents above its $2.86 opening trade. At 105,524, estimated volume was heavy for the session.

After failing to break below support in each of the past three trading sessions, natural gas futures turned higher Tuesday as traders covered short positions on constructive weather outlooks and ahead of fresh storage data due out Thursday morning. The August contract finished at $2.863, up 7.9 cents for the session but only 0.3 cents above its $2.86 opening trade. At 105,524, estimated volume was heavy for the session.

Sounding more embittered and hair-trigger-happy with each passing press conference, California’s governor Tuesday continued to draw a line in the sand at $8.9 billion for power supplier refunds at the same time standing ready to negotiate with individual suppliers or small groups for portions of that amount in cash or future price discounts or power contract renegotiations.