As the White House ponders a successor for outgoing FERC Commissioner Nora Mead Brownell, a municipal gas distributor group has called on the Senate Energy and Natural Resources Committee to act promptly on the pending nominations of Jon Wellinghoff and Phillip D. Moeller to the Federal Energy Regulatory Commission.
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Georgia Strait Makes Early NEB Filing
While it ponders — based on open season results — building alarger project than originally intended, Georgia Strait CrossingPipeline Ltd. filed a preliminary environmental scoping submissionwith Canada’s National Energy Board to build and the planned gaspipeline to Vancouver Island. The company expects to file anapplication with the NEB this fall.
Columbia Rejects NiSource Again, Ponders Options
In rejecting NiSource’s revised tender offer of $6.1 billion ($74/share) last week, Columbia Energy Group’s board announced that it authorized management to begin considering all options, including a sale of all or part of the company to a third party, possibly even NiSource.
Columbia Rejects NiSource, Ponders Options
In rejecting NiSource’s revised tender offer of $6.1 billion($74/share) over the weekend, Columbia Energy Group’s boardannounced that it authorized management to begin considering alloptions, including a sale of all or part of the company to a thirdparty, possibly even NiSource.
FASB Ponders Eliminating ‘Pooling of Interests’
The Financial Accounting Standards Board (FASB) issued aproposal for public comment that would, among other things,eliminate the pooling of interests method of accounting forbusiness combinations. As part of its public consideration of theissues, the Board also will hold hearings on the subject early nextyear in New York and San Francisco. Comments on the proposal arerequested by Dec. 7.