Respect

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Thursday said it was seeking comments on the appropriate use of categorical exclusions (CE) with respect to the development of oil and natural gas on the Outer Continental Shelf (OCS).

FERC Thursday ruled that primary firm (releasing) shippers and asset manager replacement shippers are not “similarly situated” in every respect, and thus pipelines are not automatically required to provide asset manager replacement shippers with the same discounted or negotiated usage or fuel charges that they give releasing shippers.

FERC Thursday ruled that primary firm (releasing) shippers and asset manager replacement shippers are not “similarly situated” in every respect, and thus pipelines are not automatically required to provide asset manager replacement shippers with the same discounted or negotiated usage or fuel charges that they give releasing shippers.

The Commodity Futures Trading Commission (CFTC) last Wednesday adopted changes with respect to its regulation of foreign brokers operating within the United States. Specifically, the CFTC said it will exempt foreign firms from registration as a futures commission merchant (FCM) and any associated requirements if they limit their customers to persons located outside of the U.S. and submit transactions executed on U.S. exchanges for clearing on an omnibus basis through a registered FCM.

The Commodity Futures Trading Commission (CFTC) Wednesday adopted changes with respect to its regulation of foreign brokers operating within the United States. Specifically, the CFTC said it will exempt foreign firms from registration as a futures commission merchant (FCM) and any associated requirements if they limit their customers to persons located outside of the U.S. and submit transactions executed on U.S. exchanges for clearing on an omnibus basis through a registered FCM.

According to the Mastio 2007 Natural Gas Transportation Customer Value Study, the most important things to pipeline shippers are reliable firm transportation, respect for contracts and agreements and timely notification of pipeline restrictions.

According to the Mastio 2007 Natural Gas Transportation Customer Value Study, the most important things to pipeline shippers are reliable firm transportation, respect for contracts and agreements and timely notification of pipeline restrictions.

FERC is scheduled to take action with respect to its natural gas storage policy at this week’s agency meeting, possibly issuing a “new test” for determining whether a storage developer should be granted market-based rates for its facility, according to an industry source.

The New York Mercantile Exchange (Nymex) said Friday it has determined to make a finding of force majeure with respect to all remaining delivery obligations in the September natural gas futures contract effective as of Thursday’s declaration by Sabine Pipeline. The exchange said any further action will be undertaken pursuant to its authority as set forth in NYMEX rule 220.18, in particular rule 220.18 section (C)(6).