Obtained

El Paso’s Colorado Interstate Gas Co. (CIG) pipeline has obtained environmental approval of its proposal to convert a depleted oil and gas field near Denver for use as a natural gas storage facility.

The U.S. Commodity Futures Trading Commission (CFTC) has obtained a $55,000 civil monetary penalty and a permanent injunction in a consent order settling charges against Michael Whitney, a former Houston-based natural gas trader and marketing representative at Duke Energy Trading and Marketing LLC.

In a move that has relevance for the viability of new liquefied natural gas (LNG) supplies in California, ICA Fluor, a U.S.-Mexico joint venture, announced Wednesday it has obtained a $100 million contract from Sempra Energy to build a key part of its Energia Costa Azul LNG receiving terminal that is set to open in the next quarter along the Pacific Coast of North Baja California, Mexico. ICA Fluor was tapped to build a nitrogen injection plant and an onsite electric generation facility within the existing Sempra LNG facility.

CNX Gas Corp. obtained a favorable lower court ruling last week in a case concerning whether rival producer GeoMet Inc. has the right to construct natural gas pipelines and transport gas across a disputed 32-acre leasehold in southwest Virginia.

CNX Gas Corp. obtained a favorable lower court ruling this week in a case concerning whether rival producer GeoMet Inc. has the right to construct natural gas pipelines and transport gas across a disputed 32-acre leasehold in southwest Virginia.

Excelerate Energy said last Thursday that it has obtained a deepwater port license from the U.S. Maritime Administration (MARAD) to build its proposed Northeast Gateway offshore liquefied natural gas (LNG) delivery system in Massachusetts Bay, which the company says will be the first of its kind built in the Northeast.

Excelerate Energy announced Thursday that it has obtained a deepwater port license from the U.S. Maritime Administration (MARAD) to build its proposed Northeast Gateway offshore liquefied natural gas (LNG) delivery system in Massachusetts Bay, which the company says will be the first of its kind built in the Northeast.

Oklahoma City-based independent Devon Energy Corp. is selling its oil and natural gas assets in Egypt and is terminating all of its operations there. The assets, which Devon obtained when it purchased Ocean Energy in 2003, will help the producer focus more of its exploration efforts in North America. The company’s production from Egypt is currently 5,000 boe/d, and the operations represent less than 1% of Devon’s company-wide production and proved reserves. No estimated sales price was disclosed. “Our decision to exit Egypt is primarily a matter of focus,” said Stephen J. Hadden, senior vice president, exploration and production. “Devon’s strategy continues to be to concentrate our resources in areas that can provide meaningful future growth in company-wide production and value. Although we have established a solid production base and hold a sizable suite of exploration opportunities in Egypt, we believe we can redeploy our resources from Egypt to projects in and outside North America that better fit our focused growth strategy. The sale process will be managed by Scotia Waterous. Data rooms for interested buyers will be opened in Houston and London in December. Acceptance of bids and completion of a purchase and sale agreement are expected in 1Q2007.

Oklahoma City-based independent Devon Energy Corp. is selling its oil and natural gas assets in Egypt and is terminating all of its operations there. The assets, which Devon obtained when it purchased Ocean Energy in 2003, will help the producer focus more of its exploration efforts in North America.