Forthcoming

Irate natural gas shippers are trying to light a fire under a forthcoming review of TransCanada Corp.’s eastbound mainline (TCPL) from Alberta, calling for accelerated work on a restructuring of sharply increased tolls.

Irate natural gas shippers are trying to light a fire under a forthcoming review of TransCanada Corp.’s eastbound mainline (TCPL) from Alberta, calling for accelerated work on a restructuring of sharply increased tolls.

Grounds are being staked out for appeals to the courts even before the National Energy Board (NEB) finishes its forthcoming decision on Canada’s arctic natural gas production and pipeline project.

With a proposed natural gas severance tax for Marcellus Shale production apparently not forthcoming from the Pennsylvania General Assembly before the Nov. 2 election, one group representing the industry said it is “regretful that…common sense legislative initiatives” have not been adopted by the state.

As intervenors lined up for the forthcoming environmental review of the Mackenzie Gas Project, Canadian federal and territorial government leaders encouraged the industry by taking on roles as development enablers.

As intervenors lined up for the forthcoming environmental review of the Mackenzie Gas Project, Canadian federal and territorial government leaders encouraged the industry by taking on roles as development enablers.

A “mountain of evidence” uncovered by the U.S. Attorney’s Office in Houston may lead to more indictments from Project Alpha, a financial scheme that so far has netted more than $3 million in fines for Dynegy Inc. and two guilty pleas by former executives.

As early as today an announcement may be forthcoming that downtown Houston rival Dynegy Corp. may ride to the rescue of Enron Corp. in either a merger or a $2 billion cash infusion through its 27% shareholder ChevronTexaco. Several sources, including the The Wall Street Journal, report that the companies’ directors were in talks to work out a deal to revive Enron — still responsible for 25% of the energy trades made around the world. Neither Dynegy nor Enron would comment.

On its way to becoming the leading North American independent, Oklahoma City-based Devon Energy Corp. will become the biggest owner of Mackenzie Delta-Beaufort Sea drilling prospects if its takeover bid for Anderson Exploration Ltd., announced last week, succeeds.