Scrutiny

Proposed Long Beach LNG Plans on Track, Mitsubishi Exec Says

Even with continued public scrutiny and competition from other projects, the 700 MMcf/d Long Beach LNG receiving terminal, proposed by Mitsubishi Corp. subsidiary Sound Energy Solutions (SES) and ConocoPhillips, is still on track for a joint federal-state draft environmental assessment by spring and a final assessment in September, SES’s COO Tom Giles told NGI late Tuesday.

January 24, 2005

Proposed Long Beach LNG Plans on Track, Mitsubishi Exec Says

Even with continued public scrutiny and competition from other projects, the 700 MMcf/d Long Beach LNG receiving terminal, proposed by Mitsubishi Corp. subsidiary Sound Energy Solutions (SES) and ConocoPhillips, is still on track for a joint federal-state draft environmental assessment by spring and a final assessment in September, SES’s COO Tom Giles told NGI late Tuesday.

January 20, 2005

OPS Rule Calls for Closer Scrutiny of Shallow-Water Pipes in Gulf

The Department of Transportation’s Office of Pipeline Safety (OPS) has issued a final rule that amends pipeline safety regulations to require operators of natural gas and hazardous liquid pipelines to prepare and follow procedures for periodic inspections of facilities located in the shallow waters of the Gulf of Mexico and its inlets.

August 9, 2004

OPS Rule Requires Closer Scrutiny of Shallow-Water Pipes in Gulf

The Department of Transportation’s Office of Pipeline Safety (OPS) has issued a final rule that amends pipeline safety regulations to require operators of natural gas and hazardous liquid pipelines to prepare and follow procedures for periodic inspections of facilities located in the shallow waters of the Gulf of Mexico and its inlets.

August 4, 2004

BP Exec Sees Growing Confidence in Merchant Sector

Despite the loss of players and support, and the increased scrutiny by financial institutions and federal regulators, natural gas and power markets have continued to function, and there are “clear signs” that confidence is returning to the energy trading industry, a BP executive said Thursday.

January 26, 2004

BP Exec Sees Growing Confidence in Merchant Sector

Despite the loss of players and support, and the increased scrutiny by financial institutions and federal regulators, natural gas and power markets have continued to function, and there are “clear signs” that confidence is returning to the energy trading industry, a BP executive said Thursday.

January 23, 2004

PG&E’s $83 Million in Executive Bonuses Draws More Fire

As the first week of the New Year drew to a close, increasing scrutiny by local news media and state regulators threatened to unravel the end-of-year decision by PG&E Corp. and its utility to move ahead with distributing $83 million in bonuses to 17 top executives in the corporation and Chapter 11 bankruptcy bound utility and merchant energy units. When and how the proceeds from so-called “phantom” stock options will be distributed was still undetermined.

January 12, 2004

PG&E’s $83M in Executive Bonuses Draws Fire

As the first week of the New Year drew to a close, increasing regulatory and media scrutiny threatened to unravel the end-of-year decision by PG&E Corp. and its utility to move ahead with distributing $83 million in bonuses to 17 top executives in the corporation, including those at its bankrupt utility subsidiary and merchant energy unit. When and how the proceeds from so-called “phantom” stock options will be distributed was still undetermined.

January 12, 2004

S&P Analyst Slams Rule on Cash-Sharing Programs, FERC

A final rule that requires closer FERC scrutiny of the cash-sharing programs of regulated subsidiaries and their unregulated parent companies “falls far short” of providing the needed “insulation” to justify separate credit ratings for Commission-regulated companies, a Standard & Poor’s analyst said.

November 17, 2003

S&P Analyst Slams Rule on Cash-Sharing Programs, FERC

A final rule that requires closer FERC scrutiny of the cash-sharing programs of regulated subsidiaries and their unregulated parent companies “falls far short” of providing the needed “insulation” to justify separate credit ratings for Commission-regulated companies, a Standard & Poor’s analyst said.

November 12, 2003