Portion

Tennessee Asks FERC to Settle Interconnect Flap with Columbia Gulf

Tennessee Gas Pipeline has called on FERC to settle a flap over its bid to build an interconnect to the Columbia Gulf Transmission-operated portion of a transportation system along the coast of Louisiana that the two pipelines jointly maintain and operate.

March 22, 2004

Citing Security of Indian Royalty Data, Judge Orders Interior to Unplug from Internet Again

A large portion of the Department of Interior’s web site was disconnected from the Internet again Tuesday after a federal district judge ruled the agency had not beefed up its computer security for information on royalties that are held and overseen by Interior in the Indian Trust Fund.

March 17, 2004

Tennessee Asks FERC to Settle Interconnect Flap with Columbia Gulf

Tennessee Gas Pipeline has called on FERC to settle a flap over its bid to build an interconnect to the Columbia Gulf Transmission-operated portion of a transportation system along the coast of Louisiana that the two pipelines jointly maintain and operate.

March 16, 2004

Bulls Hold On, Get Some Help From NWS Forecasts

Rescinding a portion of Tuesday’s losses, the natural gas futures market turned higher Wednesday as traders reacted to the latest forecast suggesting this week’s warm-up could be short-lived. The March contract closed at $5.356, up 3.7 cents for the session, but remained in the bottom half of its daily trading range. The out months fared better, led by the April contract, which gained 5.5 cents to close at $5.309.

February 19, 2004

Industry Briefs

Dynegy Inc. said it would use the net proceeds from the sale of an additional $50 million of debentures on Tuesday to repay a portion of its $244 million Term B loan outstanding under its restructured credit facilities. Dynegy recently completed the private placement of $175 million of its 4.75% convertible subordinated notes due in 2023, and the initial purchasers of the debentures exercised their option to purchase the additional debentures on the same terms.

August 27, 2003

Tropical Storm Erika Claims 135 MMcf/d Friday

As of late Friday afternoon, 33 platforms and one rig had been evacuated in the western portion of the Gulf in preparation for what was expected to become Hurricane Erika, according to Minerals Management Service. MMS spokeswoman Caryl Fagot pegged Gulf shut-ins at 134.65 MMcf/d of gas and 677 bbl of oil for Friday, which equates to about 0.96% of daily Gulf gas production and 0.04% of daily Gulf oil production.

August 18, 2003

AES Ocean Gets Draft Environmental Nod for Pipe Portion of LNG Project

AES Ocean Express LLC has won draft environmental clearance from FERC to build the U.S. leg of a mostly subsea pipeline that would transport vaporized gas from a proposed liquefied natural gas (LNG) terminal in the Bahamas to southern Florida.

July 7, 2003

AES Ocean Gets Draft Environmental Nod for Pipe Portion of LNG Project

AES Ocean Express LLC has won draft environmental clearance from FERC to build the U.S. leg of a 54-mile pipeline that would transport vaporized gas from its proposed liquefied natural gas (LNG) terminal in the Bahamas to southern Florida.

July 2, 2003

Brownell Has Change of Heart on FERC Reasserting Authority Over Gathering

The FERC majority has upheld a major ruling to reassert jurisdiction over a portion of natural gas gathering facilities on North Padre Island (NPI) that Transcontinental Gas Pipe Line had spun down to its gathering affiliate, Williams Field Services Co. (WFS). But Commissioner Nora M. Brownell, who voted in favor of the order last year, signaled a change of heart.

May 26, 2003

Brownell Has Change of Heart on FERC Reasserting Authority Over Gathering

The FERC majority has reaffirmed a noteworthy ruling to reassert jurisdiction over a portion of gas gathering facilities on North Padre Island (NPI) that Transcontinental Gas Pipe Line had spun down to its gathering affiliate, Williams Field Services Co. (WFS). But Commissioner Nora M. Brownell, who voted in favor of the order last year, signaled a change of heart.

May 21, 2003