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Indicating that it believes competitive Western natural gas market opportunities require swift and unequivocal political and regulatory action, Sempra Energy late last month dropped out of a proposal for an all-Alaska gas pipeline and liquefied natural gas (LNG) project for bringing North Slope supplies to the Lower 48 states.

Subject to weather conditions, Tennessee will require that physical flow be suspended at 20 Ship Shoal and two South Pelto meters for about five to seven days starting Friday in order to allow repair of a leak near Ship Shoal 157 on Line 523M-100, the 26-inch line between Ship Shoal 198 and Station 523 at Cocodrie, LA. Production impacted by this outage is estimated at 81,000 Dth/d.

The Securities and Exchange Commission’s (SEC) December 2004 initiative that will require hedge fund advisors to register with the agency and open their books for review to prevent fraud and other market irregularities “[does] not go far enough or take effect soon enough,” a Washington, DC-based group of large industrial energy users told the agency last Monday.

The Securities and Exchange Commission’s (SEC) December 2004 initiative that will require hedge fund advisors to register with the agency and open their books for review to prevent fraud and other market irregularities “[does] not go far enough or take effect soon enough,” a Washington, DC-based group of large industrial energy users told the agency Monday.

The Senate earlier this week approved an amendment that would require the Department of Homeland Security (DHS) to submit a report to Congress on coordinating the U.S. Coast Guard’s water traffic, security and safety review with FERC’s environmental reviews of proposed liquefied natural gas (LNG) terminals.

The Senate last week approved an amendment that would require the Department of Homeland Security (DHS) to submit a report to Congress on coordinating the U.S. Coast Guard’s water traffic, security and safety review with FERC’s environmental reviews of proposed liquefied natural gas (LNG) terminals.

The Securities and Exchange Commission (SEC) may require independent auditors to examine energy companies’ proved oil and natural gas reserves in the wake of the major reserve write-downs by Royal Dutch/Shell Group and El Paso Corp. this year, according to an SEC memorandum that was sent to Rep. John Dingell (D-MI) last month.

Dynegy on Thursday announced that it would reorganize its business structure to require Investor Relations to report directly to CEO Bruce A. Williamson. In conjunction with the news, Peter J. Wilt was named vice president of investor relations and Norelle V. Lundy as director of investor relations.

ExxonMobil Corp. said in a new report that the world will require about 40% more energy in 2020 than today, with consumption levels forecast to reach almost 300 MMboe/d.