The Federal Energy Regulatory Commission (FERC) said it has turned down Marathon Oil’s negotiated rate complaint against Kinder Morgan’s Trailblazer Pipeline Co. The Commission found that Trailblazer did not violate Commission policy and regulations in effect when it held its open season and executed the contracts for the Expansion 2002 service.
Morgan
Articles from Morgan
Pipeline Ruptures in OK, TX, Cause Shut-Ins But Have No Price Impact
Kinder Morgan’s Natural Gas Pipeline Co. of America (NGPL) reported a pipeline rupture on Friday on its system in Harrison County, TX, that caused minor injuries to three workers at Entergy’s 484 MW Harrison County Power Project, which is about 150 miles east of Dallas near the Louisiana border. The rupture caused a fire in the power plant’s cooling tower, forcing the plant to shutdown.
Unocal Conducts Open Season for Storage Facility in Colorado
Unocal Windy Hill Gas Storage LLC is conducting a nonbinding open season through May 18 for 6 Bcf of future natural gas storage capacity at a facility planned on its Windy Hill property in Morgan County, CO. The new facility would be the first bedded salt underground gas storage facility in Colorado.
Unocal Conducts Open Season for Storage Facility in Colorado
Unocal Windy Hill Gas Storage LLC is conducting a nonbinding open season through May 18 for 6 Bcf of future natural gas storage capacity at a facility planned on its Windy Hill property in Morgan County, CO. The new facility would be the first bedded salt underground gas storage facility in Colorado.
NGPL Plans A/G Line Expansion Utilizing Black Marlin System
Kinder Morgan subsidiary Natural Gas Pipeline Company of America (NGPL) is holding an open season until June 14 for a possible expansion of its A/G Line, which extends from its Gulf Coast Line to its Amarillo Line across Oklahoma and Texas, utilizing the 38-mile Black Marlin pipeline which it is buying from Northern Natural.
NGPL Plans A/G Line Expansion Utilizing Black Marlin System
Kinder Morgan subsidiary Natural Gas Pipeline Company of America (NGPL) is holding an open season until June 14 for a possible expansion of its A/G Line, which extends from its Gulf Coast Line to its Amarillo Line across Oklahoma and Texas, utilizing the 38-mile Black Marlin pipeline which it is buying from Northern Natural.
Kansas Regulators Call Proposed Rate of Return for Cheyenne Plains Project ‘Excessive’
Although they support FERC certification of the proposed Cheyenne Plains Gas pipeline because it would give Midwest customers access to additional lower-priced natural gas from the Rocky Mountains, Kansas regulators said they believe the overall rate of return being sought by the El Paso-affiliated project is much too steep.
NiSource Completes Sale of E&P Unit to Triana
NiSource Inc. on Friday completed the sale of its exploration and production subsidiary, Columbia Energy Resources (CER), to Triana Acquisition LLC, an affiliate of Morgan Stanley Capital Partners. The sale primarily consists of Columbia Natural Resources (CNR) and its 1.1 Tcf of natural gas reserves.
Banks Agree to Pay SEC $255M for Roles in Enron, Dynegy Financial Misstatements
JP Morgan Chase & Co. and Citigroup Inc. agreed Monday to pay a total of $255 million to settle enforcement proceedings with the Securities and Exchange Commission (SEC) concerning their roles in Enron Corp.’s financial deception. The proceeding also resolved charges that Citigroup had manipulated Dynegy Inc.’s financial statements in connection with its Project Alpha financing.
NGPL Sells Out Firm Capacity, Inks Deals with BP, Tenaska, Peoples, Nicor
Kinder Morgan Inc. said subsidiary Natural Gas Pipeline Company of America (NGPL) has locked up all of its firm transportation capacity under contract through October and most of it through March 2004.