A natural gas liquids (NGL) fractionation plant operated by Enterprise Products Partners LP and an oil products terminal operated by El Paso Corp., which are both located in Geismar, LA, were ordered closed last week by the U.S. Coast Guard until they comply with new maritime security codes that took effect July 1.
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California Senate Passes Bill to Limit CPUC Confidentiality
With recent cases involving major utilities as an incentive, California’s Senate passed a bill (28-8) to restrict the use of confidential information in the California Public Utilities Commission.
California Senate Passes Bill to Limit CPUC Confidentiality
With recent cases involving major utilities as an incentive, California’s Senate passed a bill (28-8) to restrict the use of confidential information in the California Public Utilities Commission.
Discovery Potential Limited; Alberta Focuses on Production
Alberta, source of four-fifths of Canadian natural gas production, has reached its natural upper limit as a supplier and its industry will have to scramble to maintain current output, the National Energy Board says.
Discovery Potential Limited; Alberta Focuses on Production
Alberta, source of four-fifths of Canadian natural gas production, has reached its natural upper limit as a supplier and its industry will have to scramble to maintain current output, the National Energy Board says.
S&P: Cash Management Proposal ‘Falls Short’ of Insulating Regulated Affiliates
FERC’s proposed rule to limit intra-corporate cash transfers, although a step in the right direction, does not provide a regulated energy subsidiary with a sufficient amount of “insulation” from its cash-strapped parent company to justify awarding the regulated entity a separate credit rating, according to Standard and Poor’s (S&P) credit analyst Todd Shipman. Even if it did provide the insulation, the Commission’s past record of “sluggish response” doesn’t instill much confidence that the agency will actively enforce the rule, he said last week.
S&P: Cash Management Proposal ‘Falls Short’ of Protecting Regulated Affiliates
FERC’s proposed rule to limit intra-corporate cash transactions, although a step in the right direction, offers regulated energy subsidiaries little in the way of protection from parent companies that are financially strapped, according to Standard and Poor’s (S&P) credit analyst Todd Shipman. And the Commission’s past record of “sluggish response” doesn’t give him much confidence that the agency will actively enforce it, he said.
Transportation Notes
ANR Pipeline said it will limit interruptible (rate schedule DDS and MBS) storage account activity for the remainder of the injection period (through October 31). Due to current and projected storage inventory, it is notifying all DDS and MBS customers that their account balances, as of Sept. 16 will be limited to zero net injections from Sept. 17 through Oct. 31. ANR said it will continue to allow injections into either DDS or MBS during this period provided that an equal or greater amount of gas is withdrawn prior to Nov. 1. Daily operating conditions and firm service confirmations will determine the daily level of interruptible storage activity allowed.
Transportation Notes
Transwestern is conducting turbine meter cleaning and inspections on its San Juan Lateral. The work will limit New Mexico measurement points PNM/Blanco and TransColorado to maximum flows of 100,000 MMBtu/d each Thursday and WFS Kutz to 54,000 MMBtu/d Friday. Flow at Colorado measurement points will be limited to 200,000 MMBtu/d each at Northwest Pipeline Monday and at WFS Ignacio Tuesday.
Pipeline Industry Leaders Come Together on Pipe Safety Bill
Top U.S. pipeline industry leaders and key trade associations united Tuesday to urge the passage of an effective and responsible bill to promote the safety of more than two million miles of oil and natural gas pipelines.