A slim FERC majority Thursday voted out four stipulation and consent agreements, requiring marketers and other energy firms to pay more than $8 million in civil penalties and disgorge approximately $4 million in unjust profits for allegedly engaging in fraudulent open-season bidding for natural gas transportation capacity on the Cheyenne Plains Natural Gas Co. pipeline. The agency also, in sharply divided decisions, issued two orders to show cause resulting from an 18-month investigation into the allegedly illegal activity.
Requiring
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Marketers Ordered to Pay $12M for Illegal Open Season Conduct
FERC Thursday approved four stipulation and consent agreements, requiring marketers and other energy firms to pay more than $8 million in civil penalties and disgorge approximately $4 million in unjust profits for allegedly engaging in fraudulent open-season bidding for natural gas transportation capacity on the Cheyenne Plains Natural Gas Co. pipeline. The agency also issued two orders to show cause resulting from an 18-month investigation into the illegal activity.
NorthWestern Ordered to Pay $450,000 for Shipper-Title Breach
FERC has approved a stipulation and consent agreement requiring NorthWestern Corp. and its subsidiary NorthWestern Services LLC (NWS) to pay a civil penalty of $450,000 for self-reported violations of the shipper-must-have-title (SMHT) requirement and to submit semiannual compliance monitoring reports for one year.
NorthWestern Ordered to Pay $450,000 for Shipper-Title Breach
FERC has approved a stipulation and consent agreement requiring NorthWestern Corp. and its subsidiary NorthWestern Services LLC (NWS) to pay a civil penalty of $450,000 for self-reported violations of the shipper-must-have-title (SMHT) requirement and to submit semiannual compliance monitoring reports for one year.
Transportation Notes
Southern California Gas did not extend a high-linepack OFO beyond Saturday.
Long-Awaited Rule on Electronic Tariff Filing Finalized
Looking to streamline document handling, FERC Thursday finalized a rule requiring all tariff filings by public utilities, natural gas pipelines and oil pipelines be made electronically.
EIA: Fewer Storage Providers Mandate End-of-Season Drawdowns
Fewer storage service providers are requiring customers to draw down their storage levels at the end of the winter heating season, the Energy Information Administration (EIA) said in a new report released last Monday.
EIA: Fewer Storage Providers Mandate End-of-Season Drawdowns
Fewer storage service providers are requiring customers to draw down their storage levels at the end of the winter heating season, the Energy Information Administration (EIA) said in a new report released Monday.
House Panel to Review Approach to Gas Pipe Inspections
A House subcommittee will hold a hearing Wednesday to respond to requests for the federal government to change its law requiring natural gas pipelines to reinspect their systems every seven years.
Cleco Power Assessed $2M Penalty for Code of Conduct Violations
FERC last Tuesday approved a stipulation and consent agreement requiring Louisiana-based Cleco Power LLC to pay a civil penalty of $2 million for violating its code of conduct and a settlement agreement approved by the agency in 2003.