Stating

Stating that it was “inappropriate at this time to implement procedures that would unduly interfere with the normal operation of the natural gas market,” the National Energy Board (NEB) said late last week that it has denied the Province of New Brunswick’s application that would have put local interests first in line for offshore Nova Scotia supplies, potentially jeopardizing millions of dollars in investments for supply development and transportation. While it found no evidence of companies favoring U.S. export markets and discriminating against Canadian buyers, the NEB said it would organize a monitoring team and gather price and supply data.

Stating that it was “inappropriate at this time to implement procedures that would unduly interfere with the normal operation of the natural gas market,” the National Energy Board (NEB) said Thursday that it has denied the Province of New Brunswick’s application that would have put local interests first in line for offshore Nova Scotia supplies, potentially jeopardizing millions of dollars in investments for supply development and transportation. While it found no evidence of companies favoring U.S. export markets and discriminating against Canadian buyers, the NEB said it would organize a monitoring team and gather price and supply data.

Stating that the local distribution company (LDC) story from the buyer’s perspective is one of “growth and more growth,” Nick Stavropoulos, president of KeySpan Energy Delivery New England, said that at the end of the day, LDCs will “remain the key link” to the natural gas customer, ensuring reliable gas service.

Stating that the local distribution company (LDC) story from the buyer’s perspective is one of “growth and more growth,” Nick Stavropoulos, president of KeySpan Energy Delivery New England, said that at the end of the day, LDCs will “remain the key link” to the natural gas customer, ensuring reliable gas service.

Energy Secretary Spencer Abraham has come under attack from the energy sector for stating last week that the United States is “well on our way toward a dangerous dependency” on natural gas.

Energy Secretary Spencer Abraham has come under attack from the energy sector for stating this week that the United States is “well on our way toward a dangerous dependency” on natural gas.

Denver-based Barrett Resources Corp., still stating publicly that it is barring the doors against a hostile takeover by giant Royal Dutch/Shell, postponed its annual shareholder meeting set for early May, as it continues to search for strategic options to Shell’s cash offer of $55 per share. Barrett rejected the amount as inadequate, but Shell has continued the pursuit, extending its offer through midnight last Friday.

Williams Energy Marketing & Trading has petitioned FERC toissue a declaratory order stating that its ban against “buy-sell”arrangements doesn’t apply to the Outer Continental Shelf (OCS),particularly to the Minerals Management Service’s (MMS) royaltyin-kind projects.

Williams Energy Marketing & Trading has petitioned FERC fora declaratory order stating that its ban against “buy-sell”arrangements doesn’t apply to the Outer Continental Shelf (OCS),particularly to the Minerals Management Service’s (MMS) royaltyin-kind projects.