Scope

Financial Complexity Builds for Regulators, Panel Says

The scope, complexity and frequency of major new financial schemes promise to make energy state regulators increasingly scratch their heads and yell for help, a panel of three regulators from the diverse states of California, Missouri and Ohio concluded at the Standard & Poor’s Ratings Services (S&P) annual utilities conference May 31 in New York City. The three regulators said they and their colleagues around the nation are going to have to “raise their game to grapple with a set of issues that are qualitatively different than what they were only a few years ago.”

June 14, 2007

FERC Opens Blanket Certificate Program to More Gas Facilities

FERC last Thursday issued a final rule that expands the scope of the agency’s blanket certificate program to include the construction of certain interstate natural gas pipeline mainlines, storage field facilities and takeaway facilities for liquefied natural gas (LNG) import terminals.

October 23, 2006

FERC Opens Blanket Certificate Program to More Gas Facilities

FERC on Thursday issued a final rule that expands the scope of the agency’s blanket certificate program to include the construction of certain interstate natural gas pipeline mainlines, storage field facilities and takeaway facilities for liquefied natural gas (LNG) import terminals.

October 20, 2006

FERC Limits Pipe Damage Reports to Natural Disasters, Terrorist Events

Responding to the pleas of interstate natural gas pipelines, FERC last Wednesday issued a final rule that significantly narrowed the scope of its proposed regulation governing the reporting of damages to pipe and storage systems.

August 28, 2006

FERC Limits Pipe Damage Reports to Natural Disasters, Terrorist Attacks

Responding to the pleas of interstate natural gas pipelines, FERC on Wednesday issued a final rule that significantly narrowed the scope of its proposed regulation governing the reporting of damages to pipe systems.

August 24, 2006

NorthWestern Board Looks at Options in Wake of Black Hills Offer

Broadening its scope in the wake of a pending offer from neighboring South Dakota-based Black Hills Corp., NorthWestern Corp.’s board of directors met Tuesday to “consider potential strategic alternatives to maximize stockholder value,” the company said in a formal announcement. It confirmed that the potential $1.25 billion Black Hills offer was among the alternatives being examined (see Daily GPI, Nov. 29).

December 7, 2005

MMS Examines Scope of Its Authority Over Offshore Pipelines

Taking over where FERC left off, the Minerals Management Service (MMS) said last week that it is testing the waters for possibly putting a new regulatory framework in place to ensure non-discriminatory open access to offshore gas and oil pipeline systems.

April 19, 2004

FERC Restricts PG&E Pipe’s Collateral Demands on Credit-Risky Shippers

In another key order addressing the scope of pipeline collateral demands, the Federal Energy Regulatory Commission last week said PG&E Gas Transmission-Northwest (PG&E-GTN) could not require non-creditworthy shippers on its system to pay a year’s worth of reservation charges as collateral to continue receiving transportation service.

March 17, 2003

FERC Restricts PG&E Pipe’s Collateral Demands on Credit-Risky Shippers

In another key order addressing the scope of pipeline collateral demands, the Federal Energy Regulatory Commission on Wednesday said PG&E Gas Transmission-Northwest (PG&E-GTN) cannot require non-creditworthy shippers on its system to put up collateral equal to one year’s worth of reservation charges in order to continue receiving transportation service.

March 13, 2003

Enron Tax Schemes Inflated Profits by $1 Billion

Intricate tax transactions enabled Enron to inflate its profits by nearly $1 billion between 1995 and 2001, exaggerating the size and scope of its operations, The Washington Post reported Wednesday after obtaining internal company documents from Enron’s former top tax executive.

May 27, 2002