Consol Energy Inc. said Monday that although it reported lower natural gas production for 3Q2012 compared to one year ago, the figure was misleading because of reporting adjustments and its decision in September to idle a southern Virginia coal mine that produced associated gas.
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Bradwood Landing LNG Backers Lash Back at Critics
Calling out one of its opponents for allegedly making misleading claims, the backers of the proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon pushed back Friday to say the project is not threatened in any way by a state-level permitting snag. The NorthernStar Natural Gas Corp. project remains on track and on schedule, a spokesperson told NGI Friday.
Bradwood Landing LNG Backers Lash Back at Critics
Calling out one of its opponents for allegedly making misleading claims, the backers of the proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon pushed back Friday to say the project is not threatened in any way by a state-level permitting snag. The NorthernStar Natural Gas Corp. project remains on track and on schedule, a spokesperson told NGI.
Canada Producers Group Enumerates Flaws in Royalty Review
The Alberta Royalty Review Panel used flawed data, incorrect costs, misleading activity assumptions and poor international comparisons to put together its oil and natural gas royalty and tax system proposal, according to a technical review by the Canadian Association of Petroleum Producers (CAPP).
CAPP Says Flawed Data, Incorrect Costs Used by Alberta Panel
The Alberta Royalty Review Panel used flawed data, incorrect costs, misleading activity assumptions and poor international comparisons to put together its oil and natural gas royalty and tax system proposal, according to a technical review by the Canadian Association of Petroleum Producers (CAPP).
CA Legislative Proposal Would Punish Sources of Misleading Gas Pricing Data
A proposed state law submitted last week to the California legislature would punish industry sources providing phony natural gas pricing information to major national industry published indices. The California Public Utilities Commission (CPUC) would be required to use only natural gas price indices determined by the regulators to be “reliable and verifiable.”
CA Legislative Proposal Would Punish Sources of Misleading Gas Pricing Data
A proposed new state law submitted last Wednesday to the California legislature would punish industry sources providing phony natural gas pricing information to major national industry published indices. The California Public Utilities Commission (CPUC) would be required to use only natural gas price indices determined by the regulators to be “reliable and verifiable.”
Washington Feeds on Steady Diet of Enron Disclosures
With Capitol Hill feeding reporters a steady diet of Enron Corp. stories last week, it fast became the issue du jour. Who’s kidding who, it was the only story in a town that thrives on scandals — real or imagined. In fact, there was such a rapid fire of “new” disclosures about the energy trader’s financial sleight of hand, outside auditor Arthur Andersen’s extracurricular activities, and the Bush administration’s ties and Capitol Hill lawmakers’ links to the bankrupt corporation, that somewhere along the way last week it became one big blur.
ACN Energy Accuses SoCalGas of Misleading Customers
ACN Energy, a gas supplier to thousands of consumers inCalifornia, filed a formal complaint last week to the CaliforniaPublic Utilities Commission (CPUC) concerning distribution feestatements sent out to ACN customers by Southern California Gas(SoCalGas). The complaint accuses SoCalGas of mailing ACN customersstatements that falsely imply SoCalGas is their gas provider. As aresult, ACN said some of its customers have mistakenly andneedlessly sent checks to SoCalGas.
Neale: Columbia Misleading Shareholders
NiSource Chairman Gary Neale yesterday called on Columbiaofficials to provide detailed information to shareholders regardingincreased “golden parachutes” approved last week for 30 Columbiaofficials. In a letter to Columbia CEO Oliver G. (Rick) RichardIII, Neale also said he was “distressed to hear that you and yourchief financial officer, Mike O’Donnell, repeatedlymischaracterized the financing” of NiSource’s $68/share hostiletakeover offer ($5.7 billion) to Columbia shareholders during anearnings teleconference last week (see Daily GPI July 16, July 15,June25, June 11 and June 8).