Rejects

The New York Mercantile Exchange (Nymex) said Friday that the board of directors of Nymex Holdings has decided not to “currently” pursue a transaction with Parthenon Capital LLC, which sought to buy a controlling interest in the exchange.

The New York Mercantile Exchange (Nymex) said Friday that the board of directors of Nymex Holdings has decided not to “currently” pursue a transaction with Parthenon Capital LLC, which sought to buy a controlling interest in the exchange.

A federal appeals court in Washington, DC has denied a petition for review of FERC orders approving East Tennessee Natural Gas Co.’s Patriot Pipeline in the Southeast.

Despite urging by the prosecution team, U.S. District Judge David Hittner in Houston Wednesday rejected a plea agreement for Lea Fastow, the wife of former Enron CFO Andrew Fastow. Lea Fastow withdrew her guilty plea after Hittner, who would not tell her what his sentence would be, insisted that she decide whether to take the sentence or not.

Despite urging by the prosecution team, U.S. District Judge David Hittner in Houston Wednesday rejected a plea agreement for Lea Fastow, the wife of former Enron CFO Andrew Fastow. Lea Fastow withdrew her guilty plea after Hittner, who would not tell her what his sentence would be, insisted that she decide whether to take the sentence or not.

A federal appeals court in Washington, DC, last week rejected a small producer’s petition for review of a FERC order that permitted a neighboring natural gas pipeline operator to expand its underground storage facility onto the producer’s property, effectively stripping it of its interest in the land.

A federal appeals court in Washington, DC, rejected a small producer’s petition for review of a FERC order that permitted a neighboring natural gas pipeline operator to expand its underground storage facility onto the producer’s property, effectively taking away its interest in the land.

With heavy pressure from the state’s largest utility, a California Assembly committee Wednesday rejected an eleventh-hour attempt to push an alternative to the pending settlement between Pacific Gas and Electric Co. and state regulators. The Utility Reform Network (TURN) claimed the measure would save retail electric utility consumers $2.8 billion over the next decade, compared with the utility-regulator settlement.

FERC has said it will continue to process Maritimes & Northeast Pipeline LLC’s application to add 385 MDth/d of capacity to its system in Maine and Massachusetts even though the project it would serve — EnCana Energy Services Inc.’s Deep Panuke natural gas development project offshore Nova Scotia — has been put on hold for a year.