Stiff

Stiff new fines are in store for sloppy digging or other misbehavior — by any company or person — that causes leaks and spills from Canadian long-distance pipelines under federal regulation,

Stiff new fines are in store for sloppy digging or other misbehavior — by any company or person — that causes leaks and spills from Canadian long-distance pipelines under federal regulation,

FERC last Wednesday warned interstate natural gas pipelines that they face the risk of stiff penalties if they fail to comply with the agency’s requirement to report transportation contracts containing deviations from their pro forma open-access tariffs.

At the request of state utility regulators, the Washington state’s attorney general will seek a stiff penalty against a Puget Sound-area construction company that has repeatedly hit and damaged underground utility wires and pipelines.

If Wall Street’s reaction prevails, Princeton, NJ-based NRG Energy Inc.’s stiff arming of an unsolicited offer from fellow merchant power operator Atlanta-based Mirant Corp. should hold up. Whether Mirant drops the offer voluntarily as several Wall Street private equity hedge funds were suggesting late last week was still unclear.

Stiff local opposition appears to have brought down yet another proposed liquefied natural gas (LNG) import terminal in Maine, as residents of the town of Perry in Washington County voted Monday to oppose the $400 million Quoddy Bay LLC LNG project in Gleason Cove on Passamaquoddy Bay despite the developer’s offer of $1 million per year to the town.

Stiff local opposition appears to have brought down yet another proposed liquefied natural gas (LNG) import terminal in Maine, as residents of the town of Perry in Washington County voted last week to oppose the $400 million Quoddy Bay LLC LNG project in Gleason Cove on Passamaquoddy Bay despite the developer’s offer of $1 million per year to the town.

The main thing the Federal Energy Regulatory Commission needs from an energy bill is muscle, or the authority to levy stiff penalties for criminal and civil rules violations, FERC Chairman Patrick Wood said in a letter to Rep. John Dingell, D-MI, ranking minority member of the House Energy and Commerce Committee.

The main thing the Federal Energy Regulatory Commission needs from an energy bill is muscle, or the authority to levy stiff penalties for criminal and civil rules violations, FERC Chairman Patrick Wood said in a letter to Rep. John Dingell, D-MI, ranking minority member of the House Energy and Commerce Committee.