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Fend

Bearish EIA Data, Weak Markets Tug Futures Lower

September natural gas futures fell hard Thursday following the release of bearish inventory figures and unsuccessful attempts to fend off aggressive selling in equity and oil markets. At the close September natural gas had fallen 14.9 cents to $3.941 and October had dropped 14.7 cents to $3.955. September crude oil imploded by $5.30 to settle at $86.63/bbl.

August 5, 2011

Dingell Whip Team Tries to Deflect Challenge to Chair Post

Rep. John Dingell (D-MI) has formed a whip team to fend off a challenge from Rep. Henry Waxman (D-CA) for chairmanship of the powerful House Energy and Commerce Committee.

November 17, 2008

Dingell Forms Whip Team to Deflect Challenge to Chair Post

Rep. John Dingell (D-MI) has formed a whip team to fend off a challenge from Rep. Henry Waxman (D-CA) for chairmanship of the powerful House Energy and Commerce Committee.

November 11, 2008

Anti-LNG Environmental Group Coalition Challenges CPUC in Court

With a mission to fend off the development of liquefied natural gas (LNG) terminals in California, a coalition of environmental groups, “Ratepayers for Affordable Clean Energy (RACE),” challenged a nearly year-old natural gas procurement decision by state regulators in a California appeals court Wednesday. RACE is asking that the court overturn the California Public Utilities Commission’s (CPUC) decision last year authorizing the state’s major utilities to sign long-term LNG supply contracts.

August 19, 2005

Senate Republicans Fend Off Dems’ Efforts to Change Substitute Electricity Title

Senate Republicans on Wednesday blocked each and every turn by Democrats to make significant changes to a substitute electricity amendment offered by Sen. Pete Domenici (R-NM) as part of the omnibus energy bill (S. 14).

July 31, 2003

Top El Paso Execs to Leave; ‘New Wind Blowing’ at Company

In another move apparently designed to fend off a hostile proxy battle led by a major investor, embattled El Paso Corp. last Tuesday announced that three of its top executives will leave the company within a month. The company said the move was part of its “clean slate initiative” to slim down operations and further reduce costs.

May 19, 2003

Top El Paso Execs to Leave; ‘New Wind Blowing’ at Company

In another move apparently designed to fend off a hostile proxy battle led by a major investor, embattled El Paso Corp. on Tuesday announced that three of its top executives will leave the company within the next month. The company said the move was part of its “clean slate initiative” to slim down operations and further reduce costs.

May 14, 2003

Berkley Hopes to Lure More Offers

Calgary-based Berkley Petroleum Corp. continues to fend off a C$1.4billion hostile takeover bid by Hunt Oil, announcing Monday that itwill open its data rooms next week to third parties in an attempt tolure a better buyer. Hunt, an independent based in Dallas, saw itsbid rejected last week by Berkley management (see Daily GPI, Jan. 2; Dec. 29,2000).

January 3, 2001

SoCalGas Plans Rate Cut To Fend Off Competitors

Southern California Gas Co. has filed its latest two-yearcost-allocation rate proposal with California state regulators,proposing a massive $204 million rate cut, including transportationrate decreases for all customers with the largest targeted forlarge industrial and wholesale customers.

October 12, 1998

June Futures Fend Off Another Test of Technical Support

The June Nymex contract inched 2.4 cents higher to $2.159 onThursday, as traders entered a slight buying mode following the 8.0cent decline June turned in the previous session. “Today was a bigday in that the contract held technical support at $2.11,” ananalyst told GPI. Total estimated volume came in at 47,753contracts.

May 8, 1998