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The Royal Dutch/Shell Group on Thursday proposed tightening executive compensation policies to end the use of stock option grants. The plan, which must be approved by shareholders, would make the awarding of share bonuses to its directors dependent on the company’s performance.

TransCanada has reached a settlement agreement with its shippers on its 2005 Canadian mainline transportation toll structure. The new tolls, which still must be filed at the National Energy Board (NEB) and approved, contain no major surprises. They include a similar level of operation and maintenance expenses and depreciation costs as in 2004, and a 9.56% return on equity — as set by the NEB.

TransCanada has reached a settlement agreement with its shippers on its 2005 Canadian mainline transportation toll structure. The new tolls, which still must be filed at the National Energy Board (NEB) and approved, contain no major surprises. They include a similar level of operation and maintenance expenses and depreciation costs as in 2004, and a 9.56% return on equity — as set by the NEB.

The market was finding pockets of heating load that it must have ignored earlier, for despite generally bearish talk on Monday, prices rose nearly across the board Tuesday between a little less than a nickel and about 45 cents. A few flat to slightly lower points were almost buried amid the overall advances.

It must have been cold somewhere in the East on at least one day last month. That was the day that Williams’ Transco pipeline established a peak day delivery record of 8.73 million dekatherms.

Citing Northeast market need and perhaps ignoring the track record of other recent projects in the area, TransCanada Corp. and Shell US Gas & Power LLC announced plans for a deepwater liquefied natural gas (LNG) import terminal about 11 miles off the coast of Connecticut and nine miles offshore Long Island in Long Island Sound.

Citing Northeast market need and perhaps ignoring the track record of other recent projects in the area, TransCanada Corp. and Shell US Gas & Power LLC announced plans for a deepwater liquefied natural gas (LNG) import terminal about 11 miles off the coast of Connecticut and nine miles offshore Long Island in Long Island Sound.

Calling it a two way street, American Gas Association CEO David Parker said natural gas producers should support customer issues such as low-income energy assistance and pipeline safety just as the nation’s natural gas utilities have lent their voice in Congress and elsewhere in support of greater natural gas production to meet growing customer demand.

Calling it a two way street, American Gas Association CEO David Parker said natural gas producers should support customer issues such as low-income energy assistance and pipeline safety just as the nation’s natural gas utilities have lent their voice in Congress and elsewhere in support of greater natural gas production to meet growing customer demand.