Exec

David Delainey, the former CEO of Enron North America and Enron Energy Services, Thursday agreed to enter a guilty plea in connection with criminal charges brought by the U.S. Department of Justice. Delainey, who also agreed to cooperate with the continuing investigation, also settled Security and Exchange Commission (SEC) allegations without admitting or denying any wrongdoing in manipulating his former company’s earnings statements.

Reiterating his company’s “back-to-basics” strategy, which has become a staple of most energy companies in today’s current marketplace, CMS Energy Corp. President David W. Joos said that through asset sales his company has become closer to being “safer, smaller and stronger.”

Kinder Morgan President Michael C. Morgan said Thursday that changes in FERC’s policy on negotiated transportation rates could significantly limit investment in new natural gas pipeline infrastructure in the Rocky Mountains and elsewhere.

Kinder Morgan President Michael C. Morgan said Thursday that changes in FERC’s policy on negotiated transportation rates could significantly limit investment in new natural gas pipeline infrastructure in the Rocky Mountains and elsewhere.

Infrastructure is key to siting new liquefied natural gas (LNG) facilities, which will give the Gulf Coast the advantage over any of the other proposed sites in the United States, a BG Group executive said Tuesday.

A recent decision by FERC to set for hearing a series of power purchase agreements (PPAs) filed by Entergy Services Inc. and various affiliates will have an effect on how quickly the company can “get through” all of the various power supply acquisitions that the utility is considering, a top executive with Entergy Corp. acknowledged last Monday.

The natural gas pipeline integrity rule, which would require interstate and intrastate pipes to periodically inspect their systems using smart pig technology, could cause large portions of the transportation grid to be down in the years ahead and would further “aggravate” what is shaping up to be a tight gas supply situation, said a top official of the Interstate Natural Gas Association of America (INGAA).

The natural gas pipeline integrity rule, which would require interstate and intrastate pipes to periodically inspect their systems using smart pig technology, could cause large portions of the transportation grid to be down in the years ahead and would further “aggravate” what is shaping up to be a tight gas supply situation, said a top official of the Interstate Natural Gas Association of America (INGAA).

Holding out little hope that the tight domestic natural gas supply situation will ease this year, a top producer official last week said between 4.5-7 Bcf/d of demand will need to be pushed out of the market through higher prices in the months ahead in order for the industry to have sufficient gas inventories for the 2003-04 heating season.