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Dominion Transmission will begin an open season on Tuesday to solicit interest in its proposed Dominion Hub Project, which would be designed to receive and store new natural gas supplies from the western United States for delivery throughout the Northeast and Mid-Atlantic. The open season, which will end June 27, will solicit interest in 18 million Dth of storage capacity with 300,000 Dth/d of deliverability.

Freeport-McMorRan Energy said Thursday that it expects to receive a decision by May on its deepwater port application for the Main Pass Energy Hub liquefied natural gas (LNG) import terminal and storage complex offshore Louisiana. Assuming a front-end engineering and design contract would be signed once the project is fully permitted, and a three-year construction window, the project should be commercially operational in mid-2009, said David Landry, vice president at Freeport-McMorRan Energy LLC, in an interview with NGI.

A coalition of Pennsylvania state agencies has joined with utilities serving the state in lobbying to establish a pilot program in Pennsylvania to receive a share of natural gas collected as royalties by the federal government as an additional resource for helping low-income families this winter.

Enron Corp. said Thursday that it will receive $25 million from the The Royal Bank of Canada (RBC) through a settlement agreement covering RBC’s portion of what it called the “MegaClaims” litigation against the major banks for allegedly aiding and abetting the company in breaches of fiduciary duties, fraud and civil conspiracy.

AGL Resources subsidiary Chattanooga Gas said last week that its utility ratepayers will receive about $1.8 million in benefits from a utility asset management contract with affiliate Sequent Energy Management.

AGL Resources subsidiary Chattanooga Gas said Monday that its utility ratepayers will receive about $1.8 million in benefits from a utility asset management contract with affiliate Sequent Energy Management.

Devon Energy Corp. will receive $2.3 billion — more than expected — for all of the noncore U.S. and Canadian properties it put up for sale last year, the company said last week. The sales represent an average price of $14/boe for the proved reserves, based on year-end 2004 estimates. Combined, the divestitures produced 6.9 MMboe in 1Q2005.

Devon Energy Corp. said Wednesday that it will receive $2.3 billion — more than expected — for all of the noncore U.S. and Canadian properties it put up for sale last year. The sales represent an average price of $14/boe for the proved reserves, based on year-end 2004 estimates. Combined, the divestitures produced 6.9 MMboe in 1Q2005.

Rep. Lee Terry (R-NE) has re-introduced legislation aimed at fostering meaningful expansion of the nation’s capacity to receive liquefied natural gas (LNG). The bill is “exactly similar” to the one that the House lawmaker introduced last May (see Daily GPI, May 21, 2004).