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ConocoPhillips, Sound Energy Sign MOU on Long Beach LNG Terminal Plans

In a move sure to be closely scrutinized by opposing state and federal regulators squabbling over jurisdiction, Houston-based ConocoPhillips and Mitsubishi’s Sound Energy Solutions (SES) announced late Monday that they signed a memorandum of understanding to work jointly on SES’s proposed liquefied natural gas (LNG) receiving terminal in the Port of Long Beach, CA.

July 19, 2004

FERC, NEB Sign Pact to Coordinate Decisions on Cross-Border Gas Pipes

Top energy regulators in the United States and Canada, which already have a long history of cooperation, signed a memorandum of understanding (MOU) agreement last Monday to further improve interagency coordination of cross-border natural gas pipelines.

May 17, 2004

FERC, NEB Sign Pact to Coordinate Decisions on Cross-Border Gas Pipes

Top energy regulators in the United States and Canada, which already have a long history of cooperation, signed a memorandum of understanding (MOU) agreement Monday to further improve interagency coordination of cross-border natural gas pipelines.

May 11, 2004

FERC Judges Urge Full Commission to OK Sempra Gaming Settlement

Two FERC administrative law judges (ALJ) on Thursday said that the full Commission should sign off on a settlement agreement reached last year between FERC trial staff and Sempra Energy Trading Corp. resolving allegations that the power company tried to game California’s electricity market in 2000-2001.

March 22, 2004

Dominion Expects Statoil to Take All of Proposed Pipeline Expansion Capacity

Dominion Transmission is expecting Statoil to sign agreements that will cover all of the capacity in two proposed pipeline projects designed to provide a summer storage alternative for Cove Point liquefied natural gas (LNG). Dominion is planning to add about 800 MMcf/d of new sendout capacity and another 6.8 Bcf of onsite LNG storage space to the Cove Point terminal on the Chesapeake Bay in Maryland.

March 8, 2004

Dominion Expects Statoil to Take All of Proposed Pipeline Expansion Capacity

Dominion Transmission is expecting Statoil to sign agreements that will cover all of the capacity in two proposed pipeline projects designed to provide a summer storage alternative for Cove Point liquefied natural gas (LNG). Dominion is planning to add about 800 MMcf/d of new sendout capacity and another 6.8 Bcf of onsite LNG storage space to the Cove Point terminal on the Chesapeake Bay in Maryland.

March 4, 2004

Futures Bears See Friday’s Slippage as a Sign of Things to Come

Caught between short-term weather/storage bulls and long-term bears betting against another price spike like spring 2003, the natural gas futures market chopped quietly sideways to close out the week.

February 9, 2004

EIA, IOGCC Sign Data Sharing Pact to Make Gas Supply Figures More Timely, Accurate

The Energy Information Administration (EIA) has signed a data sharing agreement and formed an information gathering partnership with the Interstate Oil and Gas Compact Commission (IOGCC), an organization of governors that represents 37 oil and gas producing states. The pact is part of a broader government effort to improve EIA’s natural gas supply data, which has a significant time lag and often goes through multiple revisions, sometime more than a year after the fact.

November 3, 2003

EIA, IOGCC Sign Data Sharing Pact to Make Gas Supply Figures More Timely, Accurate

The Energy Information Administration (EIA) has signed a data sharing agreement and formed an information gathering partnership with the Interstate Oil and Gas Compact Commission (IOGCC), an organization of governors who represent 37 oil and gas producing states. The pact is part of a broader government effort to improve EIA’s natural gas supply data, which has a significant time lag and often goes through multiple revisions, sometime more than a year after the fact.

October 30, 2003

Statoil, Tractebel Sign U.S. LNG Supply Deal

Norway’s Statoil upped its stake in the U.S. liquefied natural gas (LNG) marketplace last week, setting up an agreement for Tractebel LNG North America to deliver 34 Bcf/year to Statoil Natural Gas LLC at the Dominion Cove Point LNG import terminal in Maryland. No financial details were disclosed.

September 15, 2003