FERC Thursday gave Saltville Gas Storage Co. permission to reduce total capacity at its high-deliverability gas storage field in southwestern Virginia by approximately 2 Bcf and to cut working gas capacity by about 1.8 Bcf.
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REX, TransColorado Facilities Ready to Enter Service
The gas industry’s own version of Manifest Destiny continued to unfold Tuesday as the companies behind two Rockies-related pipeline projects sought permission from FERC to place facilities into service.
Columbia Seeks to Start Service on Pipe Serving Hardy Storage
Columbia Gas Transmission Corp. Tuesday asked FERC for permission to place into service pipeline facilities that would serve Hardy Storage Co. LLC’s natural gas storage facility in northeastern West Virginia, which went into operation earlier this year.
ExxonMobil Plan to Expand Gas Drilling in Piceance
ExxonMobil Corp. has been given permission to drill more natural gas wells in the Piceance Basin of northwestern Colorado. The new wells will be in an existing gas field under development since the 1950s.
VA Utilities Seek Rate Hikes Due to Rising Generation Fuel Costs
Allegheny Energy Inc. electric delivery subsidiary Allegheny Power requested permission last week from the Virginia State Corporation Commission (SCC) to recover the increased cost of purchasing power beginning July 1, 2007. With Dominion Virginia Power’s similar filing earlier in the week, Allegheny’s action marks the second such request last week by a Virginia utility due to the rising costs of power generation fuels.
Florida PSC Grants Progress Energy Gas Cost Recovery on New Supplies
Ruling that Progress Energy Florida (PEF) was simply enhancing the reliability of its fuel supply, the Florida Public Service Commission (PSC) has granted the utility permission to recover the costs associated with transporting new supplies of domestic natural gas. The utility said it plans to enter into a series of agreements to move gas on a proposed pipeline known as the Southeast Supply Header (SESH).
TEPPCO Seeks to Sell Mont Belvieu Stake to Louis Dreyfus
TEPPCO Partners LP has asked permission from the Federal Trade Commission (FTC) to sell its interest in the Mont Belvieu natural gas liquids (NGL) storage facility located in southeastern Texas to partner Louis Dreyfus Energy Services LP. Financial details were not disclosed.
TEPPCO Seeks to Sell Mont Belvieu Stake to Louis Dreyfus
TEPPCO Partners LP is seeking permission from the Federal Trade Commission (FTC) to sell its interest in the Mont Belvieu natural gas liquids (NGL) storage facility to partner Louis Dreyfus Energy Services LP. Financial details were not disclosed.
Former Dynegy CEO Watson Chairs New Eagle Energy
Eagle Energy Partners Inc., which received permission last month from FERC to sell natural gas and power capacity, energy and ancillary services at market-based rates, opened shop last Tuesday with some familiar faces at the helm and behind the scenes, including former Dynegy Inc. Chairman Chuck Watson. The new company plans to focus on physical energy delivery for producers, suppliers and end users.
New Energy Merchant Backed by Familiar Faces
Eagle Energy Partners Inc., which received permission last month from FERC to sell natural gas and power capacity, energy and ancillary services at market-based rates, opened shop on Tuesday with some familiar faces at the helm and behind the scenes, including former Dynegy Inc. Chairman Chuck Watson. The new company plans to focus on physical energy delivery for producers, suppliers and end users.