To ensure its longevity and encourage more exploration, a commercial discovery offshore Nova Scotia needs to happen soon, Shell Canada’s CEO said on Thursday.
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Aquila’s Green Sells 551,018 shares of Stock
Going out of its way to ensure investors that the stock sale was only a way to pay off personal income taxes, Aquila Inc. said Wednesday that CEO Richard C. Green Jr. has filed documents with the Securities and Exchange Commission (SEC) to formally report the sale of 551,018 shares of company stock.
Transportation Notes
Tennessee said tests at its Bear Creek Storage Facility will continue through April 22. To ensure that it has sufficient injection capacity to manage system operations, Tennessee anticipates that effective Thursday it will implement the following constraints: no IS and FS-AO injection nominations will be accepted for Bear Creek, and Ellisburg and Harrison injection nominations will be limited to Primary only. The restrictions are expected to remain in effect through April 22.
MI Attorney General Intervenes in Consumers Energy’s Requests
Looking to ensure that Consumers Energy does not unlawfully pass on additional costs to its customers, Michigan Attorney General Mike Cox said last week that he is taking action in two of the company’s cases before the Michigan Public Service Commission (MPSC).
MI Attorney General Intervenes in Consumers Energy’s Requests
Looking to ensure that Consumers Energy does not unlawfully pass on additional costs to its customers, Michigan Attorney General Mike Cox said Wednesday that he is taking action in two of the company’s cases before the Michigan Public Service Commission (MPSC).
Coral Energy Takes Steps to Ensure Accurate Price Reporting
Even though it has found no evidence of impropriety on its part, Royal Dutch Shell affiliate Coral Energy said last week it has implemented new procedures to shield itself from any misunderstandings or abuses that may occur when reporting prices on natural gas trades to energy trade publications.
Coral Energy Takes Steps to Ensure Accurate Price Reporting
Even though it has found no evidence of impropriety on its part, Royal Dutch Shell affiliate Coral Energy said it has implemented new procedures to shield itself from any misunderstandings or abuses that may occur when reporting prices on natural gas trades to energy trade publications.
Dynegy Sells UK Gas Facility for $200M
Dynegy Inc. has let go of another asset in its bid to ensure liquidity, selling Hornsea Ltd. natural gas storage facility in the United Kingdom to SSE Energy Supply Ltd. for about $200 million (130 million pounds). The Hornsea facility was one of several assets purchased last year from BG Storage Ltd. for a total of $600 million, and had been considered a key part of its European growth plan just before the energy marketplace fell apart (see Daily GPI, Nov. 29, 2001).
Energy Leaders Reassure on Supplies
The oil and natural gas industry’s “greatest contribution can be to ensure that supplies of fuel to American consumers continue uninterrupted. Americans should be assured that every one of our companies is working hard to do just that,” the American Petroleum Institute said Wednesday, combating fears that a possible outbreak of Middle East hostilities emanating from the attacks Tuesday on New York and Washington could slow the flow of oil to the U.S.
GA PSC Warns Customers to Reconnect Now for Winter
To ensure that people don’t get left in the cold this winter, the Georgia Public Service Commission (PSC) issued a warning to Georgians who have had their natural gas shut off for non-payment or for those who have been notified of termination, to settle past due bills with their natural gas marketer now in order to restore service before winter.