September

ConocoPhillips’ board of directors on Thursday elected James J. Mulva, 58, to succeed Archie W. Dunham as chairman of the board when Dunham retires at the end of September. Mulva, who had been chairman and CEO of Phillips Petroleum Co. when it merged with Conoco, will retain his president and CEO titles.

After defense attorneys argued that they needed information that was pertinent to their case, a Houston federal judge last week postponed the trial of a former Dynegy Inc. trader who has been charged with wire fraud and reporting false trades.

After defense attorneys argued that they needed information that was pertinent to their case, a Houston federal judge on Monday postponed the trial of a former Dynegy Inc. trader who has been charged with wire fraud and reporting false trades.

The Oil & Gas Asset Clearinghouse said last week that its Sept.18 Hybrid auction in Houston sold over $20 million in oil and natural gas properties. The Petroleum Place subsidiary said it offered over 196 lots at this Selective Offering(TM), including many higher-valued, more notable properties.

The Oil & Gas Asset Clearinghouse said Thursday that its Sept.18 Hybrid auction in Houston sold over $20 million in oil and natural gas properties. The Petroleum Place subsidiary said it offered over 196 lots at this Selective Offering(TM), including many higher-valued, more notable properties.

With Rockies basis soaring into the $2.80s in September, Colorado Interstate Gas sees no better time than the present to relaunch its proposed 400-mile Cheyenne Plains pipeline project (formerly called Coastal Connection), which would provide greater takeaway capacity for growing Rocky Mountain gas production. The pipeline would extend from the Cheyenne Hub in northern Colorado to Midcontinent pipeline markets near Greensburg, KS.

With Rockies basis soaring into the $2.80s in September, Colorado Interstate Gas has picked a good time to relaunch its proposed 400-mile Cheyenne Plains pipeline project (formerly called Coastal Connection), which would provide greater takeaway capacity for growing Rocky Mountain gas production. The pipeline would extend from the Cheyenne Hub in northern Colorado to Midcontinent pipeline markets near Greensburg, KS.

Ending an almost two-year-old argument over $6.8 million in levied penalties stemming from the winter of 2000-2001, the Virginia State Corporation Commission (VSCC) on Monday accepted a settlement between Columbia Gas of Virginia and its transportation customers, stating that the matter can now be part of the commission’s file for “ended causes.”

Despite weather in the East more representative of early September than late October, natural gas prices pressed higher Monday as commercial fund buyers buoyed prices to levels not seen since late August. The November contract received the biggest boost, checking 12.6 cents higher to close at $2.807. The 12-month strip lagged slightly, notching a 8.1-cent gain to $3.171.