Managing

The Securities and Exchange Commission (SEC) on Monday charged the former managing director of Enron North America (ENA) and co-head of its commercial transactions group with violating antifraud provisions of federal securities laws and for aiding and abetting Enron’s violations for reporting and record-keeping provisions.

A former managing director with Canadian Imperial Bank of Commerce (CIBC) agreed last week to pay US$528,750 to settle charges brought by the Securities and Exchange Commission (SEC) last year in connection with Enron Corp.

A former managing director with Canadian Imperial Bank of Commerce (CIBC) agreed Tuesday to pay US$528,750 to settle charges brought by the Securities and Exchange Commission (SEC) last year in connection with Enron Corp.

Describing operations in picked-over natural gas fields at home as a case of “managing decline,” Canada’s seventh-ranked producer has set out to expand in international liquefied natural gas development in order to maintain and increase sales to the United States.

Describing operations in picked-over natural gas fields at home as a case of “managing decline,” Canada’s seventh-ranked producer has set out to expand in international liquefied natural gas development in order to maintain and increase sales to the United States.

The jolting daily cash price increases, record Gulf Coast and Midcontinent prices and new gas futures highs last week probably gave some market monitors heart palpitations and raised the ire of industry critics, but so far the blame for the events has been placed on a long series of fundamental factors triggered by Mother Nature.

The Committee of Chief Risk Officers (CCRO), a coalition of 31 energy companies, issued a set of best practices for managing risk and recommended that all companies with significant merchant energy activities adopt the set, which covers best practices in the governance, valuation, credit risk management and disclosure aspects of merchant energy operations.

The Committee of Chief Risk Officers (CCRO), a coalition of 31 energy companies, issued a set of best practices for managing risk and recommended that all companies with significant merchant energy activities adopt the set, which covers best practices in the governance, valuation, credit risk management and disclosure aspects of merchant energy operations.

San Juan Basin and Rockies prices continued to disobey the overall laws of market gravity Thursday, managing double-digit gains of nearly 40 cents while other points ranged from flat to down about 15 cents. The softening was remarkably consistent as nearly all the losses were clustered within 2 cents on either side of a dime.