Implementing

Pacific Gas & Electric is implementing Wednesday a new systemwide Stage 3 high-inventory OFO. It will have penalties of $5/Dth for exceeding a 2% tolerance for positive daily imbalances.

Pacific Gas & Electric is implementing Wednesday a new systemwide Stage 3 high-inventory OFO. It will have penalties of $5/Dth for exceeding a 2% tolerance for positive daily imbalances.

While Cinergy’s power customers in Kentucky, Indiana and Ohio will need additional capacity in the future to supply demand, CEO James Rogers said he believes the new power plants to be built will not likely be natural gas-fired.

Arizona regulators voted last Thursday to seek a stay and court review of FERC’s decision requiring El Paso Natural Gas shippers who now receive preferential full-requirements (FR) service to convert to contract demand (CD) service on Sept. 1.

Arizona regulators voted Thursday to seek a stay and court review of FERC’s decision allowing system-wide conversion of full-requirements (FR) service to contract demand (CD) service to go forward on the El Paso Natural Gas system on Sept. 1.

Implementing a safe harbor provision assuring that those who report prices to published price surveys will not be prosecuted for honest mistakes would be best achieved through a policy statement, industry representatives told the Federal Energy Regulatory Commission last Wednesday at a workshop.

Implementing a safe harbor provision assuring that those who report prices to published price surveys will not be prosecuted for inadvertent mistakes would be best achieved through a policy statement, industry representatives told the Federal Energy Regulatory Commission Wednesday at a technical conference.

IntercontinentalExchange (ICE) said last Thursday it is implementing a number of “fair trading” initiatives to detect false trades and ensure the validity of trades and prices recorded on its commodity trading platform.

Saskatchewan’s government has introduced a plan to increase exploration and development activity by lowering oil and gas royalty and tax structures, implementing a system of volume incentives and reducing corporate capital tax surcharges.