Issue

Because of the significance of the undertaking, the Federal Energy Regulatory Commission has granted a two-week extension to the energy industry to submit comments on what makes up “critical energy infrastructure” — an exercise that could considerably limit public access in the future to information about natural gas, electric, crude oil and hydroelectric facilities.

The Williams Cos. expects a restructuring of $1.4 billion in notes issued by the WCG Note Trust, an indirect wholly-owned subsidiary of Williams Communications Group Inc., to be completed in the “very near future,” after favorable talks with investors.

Minnesota-based Cargill Inc. has asked FERC to issue a cease-and-desist order to stop Saltville LLC, an affiliate of Duke Energy and NUI Corp., from carrying out the allegedly “unlawful construction” of a jurisdictional salt cavern storage facility without certificate authorization from the Commission.

Minnesota-based Cargill Inc. has asked FERC to issue a cease-and-desist order to stop Saltville LLC, an affiliate of Duke Energy and NUI Corp., from carrying out the allegedly “unlawful construction” of a jurisdictional salt cavern storage facility without certificate authorization from the Commission.

Although the agenda for Wednesday’s FERC meeting — the last one of 2001 — is top-heavy in electricity, there are several key natural gas items slated for action, ranging from stepped-up reporting of derivatives and hedging activities to the El Paso Natural Gas complaint investigation, to two embattled gas pipeline projects that have been pending at the Commission for years.

It took three decades, but an American natural gas producer has finally scored a coup that shows the walls of Canadian economic nationalism have crumbled.

It took three decades, but an American natural gas producer has finally scored a coup that shows the walls of Canadian economic nationalism have crumbled.

An affiliate of Houston-based Nabors Industries Inc. said it intends to make a cash offer to acquire all of the common shares of Command Drilling Corp. for C$3.30 per share. 19552 Yukon Inc. said the bid represents a 20% premium over the closing price of the Command shares on Sept. 14, 2001.

The Federal Energy Regulatory Commission is expected to issue notationally an order that would allow interstate natural gas pipelines to roll into their rates the costs of security upgrades, according to industry sources.