Williams has agreed to refund $140 million to California’s utilities for alleged overcharges for power sales made during the state’s energy crisis in 2000 and 2001. Southern California Edison and bankrupt Pacific Gas & Electric Co. said the refund will boost their ongoing financial recovery.
Gives
Articles from Gives
Fitch Gives Gas, Oil Industry ‘Stable’ Credit Outlook
FitchRatings gave the entire North American gas and oil industry a “stable” credit outlook Tuesday based on expected average (lower) crude oil prices in 2004 and moderating (but still robust) gas prices.
December 22, 2003
Fitch Gives Gas, Oil Industry ‘Stable’ Credit Outlook
FitchRatings gave the entire North American gas and oil industry a “stable” credit outlook Tuesday based on expected average (lower) crude oil prices in 2004 and moderating (but still robust) gas prices.
December 17, 2003
Futures Whiplash Gives Cash Traders Pain in the Neck
The cash market on Wednesday was jerked around like a bull whip by its out-of-control master, the gas futures market on the New York Mercantile Exchange. As futures popped nearly 40-cents higher at the open and soared to the incredible height of $7.55 Wednesday morning before collapsing shortly thereafter, the cash market was dragged behind, albeit at a significant distance. The run-up produced massive trading ranges as sellers scrambled to unload what they could before the show was over.
December 11, 2003
FERC Gives Preliminary Nod to Cheyenne Plains Pipeline
FERC last Wednesday gave the preliminary go-ahead for Cheyenne Plains Gas Pipeline Co., a subsidiary of El Paso Corp., to build a 380-mile pipeline that would deliver Rocky Mountain natural gas supplies to markets in the Midcontinent, Midwest and Eastern regions of the country.
October 27, 2003
FERC Gives Preliminary Nod to Cheyenne Plains Pipeline
FERC on Wednesday gave the preliminary go-ahead for Cheyenne Plains Gas Pipeline Co., a subsidiary of El Paso Corp., to build a 380-mile pipeline that would deliver Rocky Mountain natural gas supplies to markets in the Midcontinent, Midwest and Eastern regions of the country.
October 23, 2003
Judge Gives Enron Employees Right to Recoup Some of Execs’ Compensation
Nearly $53 million in deferred compensation paid to 162 of Enron Corp.’s former best and brightest could be divided among the bankrupt trader’s creditors under a ruling Monday by the U.S. Bankruptcy Court judge handling the case in New York.
September 23, 2003
FERC Gives Conditional OK for Cove Point to Receive Test LNG Shipment
Citing favorable results from an inspection earlier this month, FERC has given Dominion Cove Point LNG LP conditional approval to receive a single test cargo of liquefied natural gas (LNG) in late July.
July 14, 2003
FERC Gives Conditional OK for Cove Point to Receive Test LNG Shipment
Citing favorable results from an inspection last week, FERC has given Dominion Cove Point LNG LP conditional approval to receive a single test cargo of liquefied natural gas (LNG) in late July.
July 8, 2003
Emergency Pipe Reconstruction Rule Released by FERC
Interstate natural gas pipelines scored a key victory last Wednesday in a final FERC rule that gives pipes “additional flexibility” to rebuild damaged facilities and restore service following an “emergency interruption,” whether caused deliberately or not.
May 19, 2003
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
