Obtained

EnCana Corp. has obtained, on schedule, approval from the National Energy board for a 51-mile, 24-inch diameter pipeline connection from a hot drilling and development region around Fort Nelson, BC to the northwest mainline of the Nova grid in Alberta.

EnCana Corp. has obtained, on schedule, approval from the National Energy Board (NEB) for a 51-mile, 24-inch diameter pipeline connection from a hot drilling and development region around Fort Nelson, BC to the northwest mainline of the Nova grid in Alberta.

Duke Energy said it is selling its 50% stake in Foothills Pipe Lines to TransCanada PipeLines for $177 million (C$257 million), including $105 million (C$152 million) in Foothills debt. Duke obtained the Foothills interest when it purchased Westcoast Energy in 2002 (see Daily GPI, Sept. 24, 2001).

Duke Energy said it is selling its 50% stake in Foothills Pipe Lines to TransCanada PipeLines for $177 million (C$257 million), including $105 million (C$152 million) in Foothills debt. Duke obtained the Foothills interest when it purchased Westcoast Energy in 2002 (see Daily GPI, Sept. 21, 2001; Feb. 28, 2002).

Shell’s Mexican subsidiary announced Monday that the company earlier this month obtained an environmental permit for its proposed liquefied natural gas (LNG) receiving terminal along the Pacific Coast of North Baja in Mexico. It came April 8 from the Mexican federal environmental agency, SEMARNAT.

The third offer proved the charm for Unocal Corp., which finally obtained an agreement to acquire the remaining 35% interest in Pure Resources Inc. that it does not already own. Pure Resources had twice rejected an exchange share offer from the El Segundo, CA-based producer, but was finally persuaded by an offer that gave its shareholders a 35% premium and Unocal sole control.

The third offer proved the charm for Unocal Corp., which finally obtained an agreement to acquire the remaining 35% interest in Pure Resources Inc. that it does not already own. Pure Resources had twice rejected an exchange share offer from the El Segundo, CA-based producer, but was finally persuaded by an offer that gave its shareholders a 35% premium and Unocal sole control.

Williams Gas Pipelines Central Inc.’s request for permission to pass on to marketing affiliates information obtained from non-affiliate shippers who have consented to the disclosure should be denied outright, said major producers and independent marketers. Even if a non-affiliate gives its permission, the disclosure would mar competition in the gas markets, they contend.

California’s second largest private-sector utility, Southern California Edison Co., on Friday obtained $1.8 billion in secured financing and along with cash on hand that had been steadily increasing since the mid-part of last year paid off all of the past-due part of its outstanding $5.5 billion to its creditors. The utility detailed the transaction in an 8-K filing with the Securities and Exchange Commission.