Energy traders in Tokyo soon may be influencing the price of natural gas at the Henry Hub in Louisiana. The New York Mercantile Exchange (Nymex) said Tuesday that it has reached an agreement with Tokyo Commodity Exchange to allow the Japanese financial markets to participate in Nymex Access trading in energy and metals futures contracts. Internet-based trading is scheduled to become operational in Japan on July 20.
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Sempra Says Broad Interest in LA Gas Storage Facility; FERC Filing Soon
San Diego-based Sempra Energy Tuesday reported its month-long open season “went very well” for its developing Pine Prairie salt dome natural gas storage project in Evangeline Parish, LA. The open season ended late last month.
Sempra Says Broad Interest in LA Gas Storage Facility; FERC Filing Soon
San Diego-based Sempra Energy Tuesday reported its month-long open season “went very well” for its developing Pine Prairie salt dome natural gas storage project in Evangeline Parish, LA. The open season ended late last month.
Indictment Against Enron’s Former CEO Skilling Apparently Near
A criminal indictment against former Enron Corp. CEO Jeffrey Skilling apparently may be brought to the federal grand jury in Houston as soon as this week, sources close to the U.S. Justice Department indicated Friday. The department has had various ex-executives of Enron under the microscope for more than two years, but an indictment of Skilling, 50, would be its richest catch yet.
TransCanada Faces ‘Supply Risk’ as Canadian Production Drops
Gas from the far North cannot arrive too soon in southern markets, according to testimony offered in a rate case before the National Energy Board by TransCanada PipeLines Ltd., which said it faces increasing “supply risk.”
TransCanada Faces ‘Supply Risk’ as Canadian Production Drops
Gas from the far North cannot arrive too soon in southern markets, according to testimony offered in a rate case before the National Energy Board by TransCanada PipeLines Ltd., which said it faces increasing “supply risk.”
Auction of Enron Headquarters Under Way
Enron Corp.’s familiar crooked “E” was auctioned off more than a year ago, and now its storied downtown Houston headquarters soon may belong to someone else. Two years to the day after Enron filed for bankruptcy, the company began taking bids Tuesday on the 55-story building.
Court Expected to Act Soon to Finalize El Paso Settlement with Four States
A California Superior Court in San Diego is expected to rule the first week of December in the $1.6 billion settlement between El Paso Corp. and four western states, the principal one being California. Two separate court approvals are needed before the Federal Energy Regulatory Commission-approved deal can be made final, both of which could come before the end of the year.
Court Expected to Act Soon to Finalize El Paso Settlement with Four States
Los Angeles, CA–(NGI News)–Nov 26, 2003–A California Superior Court in San Diego is expected to rule the first week of December in the $1.6 billion settlement between El Paso Corp. and four western states, the principal one being California. Two separate court approvals are needed before the Federal Energy Regulatory Commission-approved deal can be made final, both of which could come before the end of the year.
Williams CEO Doesn’t See Federal Investigations Ending Soon
Williams CEO Steve Malcolm remains concerned about the “noise” from the ongoing energy merchant industry investigations by FERC, the Department of Justice and the Securities and Exchange Commission, and the “uncertainty as to where those might lead.” Malcolm made the comments during a conference call last week to discuss the company’s third quarter earnings.