Involving

Tennessee Pipe Negotiated-Rate Deals Survive Joint Dissent of Wood, Kelly

Three negotiated-rate arrangements involving Tennessee Gas Pipeline were accepted by FERC and took effect last week despite a joint dissent by Chairman Pat Wood and Commissioner Suedeen Kelly.

November 8, 2004

Tennessee Pipe Negotiated-Rate Deals Survive Joint Dissent of Wood, Kelly

Three negotiated-rate arrangements involving Tennessee Gas Pipeline were accepted by FERC and take effect this week despite a joint dissent by Chairman Pat Wood and Commissioner Suedeen Kelly.

November 3, 2004

Tennessee Pipe Negotiated-Rate Deals Survive Joint Dissent of Wood, Kelly

Three negotiated-rate arrangements involving Tennessee Gas Pipeline were accepted by FERC and take effect this week despite a joint dissent by Chairman Pat Wood and Commissioner Suedeen Kelly.

November 3, 2004

Pemex CEO Resigns, E&P Head Takes Over

The chief executive of Petroleos Mexicanos (Pemex) resigned on Monday following rumors of a possible scandal involving payouts for personal healthcare and housing loans without seeking approval from the state-controlled oil monopoly. Raul Munoz Leos, 65, will be replaced by Luis Ramirez Corzo, director general of exploration and production (E&P) since 2001.

November 2, 2004

Pemex CEO Resigns, E&P Head Takes Over

The chief executive of Petroleos Mexicanos (Pemex) resigned on Monday following rumors of a possible scandal involving payouts for personal healthcare and housing loans without seeking approval from the state-controlled oil monopoly. Raul Munoz Leos, 65, will be replaced by Luis Ramirez Corzo, director general of exploration and production (E&P) since 2001.

November 2, 2004

Russian, Indonesian LNG Headed for Sempra, Shell’s Baja California Terminal

Sempra Energy reached two major agreements last week involving its proposed 1 Bcf/d liquefied natural gas (LNG) import terminal in Baja California Norte, Mexico. Sempra sold Shell International the rights to half of the capacity at the Energia Costa Azul terminal for 20 years and rights to half of any future expansion capacity. Sempra also reached a deal for 500 MMcf/d of LNG supply with BP Indonesia.

October 18, 2004

CFTC Settles Fraud Case Involving Scheme Against Coastal Corp.

Bringing to a close a case that has spanned over 10 years, the U.S. Commodity Futures Trading Commission (CFTC) announced two orders last week, which together find that Steven G. Soule, Kyler F. Lunman II and Lunman’s company, Hold Trade, Inc., participated in a trade allocation scheme to defraud Coastal Corp., which has since become part of El Paso Corp.

February 16, 2004

CFTC Settles Fraud Case Involving Scheme Against Coastal Corp.

Bringing to a close a case that has spanned over 10 years, the U.S. Commodity Futures Trading Commission (CFTC) announced Wednesday two orders, which together find that Steven G. Soule, Kyler F. Lunman II and Lunman’s company, Hold Trade, Inc., participated in a trade allocation scheme to defraud Coastal Corp., which has since become part of El Paso Corp.

February 12, 2004

FERC Clips Pipes’ Broad Authority to Adjust Gas Quality Limits

In separate orders involving Columbia Gulf Transmission and Tennessee Gas Pipeline, FERC signaled last Thursday that it will not tolerate the practice of pipelines using notices on web sites to impose more restrictive quality limits for natural gas accepted into their systems.

January 26, 2004

FERC Clips Pipes’ Broad Authority to Adjust Gas Quality Limits

In separate orders involving Columbia Gulf Transmission and Tennessee Gas Pipeline, FERC signaled Thursday that it will not tolerate the practice of pipelines using notices on web sites to impose more restrictive quality limits for natural gas accepted into their systems.

January 23, 2004