Strikes

Woodside Energy Group Ltd. is considering whether to take one of the five LNG trains connected to its North West Shelf (NWS) Project offline as it works to attract more third-party natural gas partners. In its half-year results, Australia’s largest energy company disclosed the NWS partnership was assessing the cost saving benefits of placing one…

Labor strikes in France that have cutoff the country’s LNG imports have been extended and are poised to stretch into next week. However, the disruptions largely have been brushed aside by the European natural gas trade amid a broader selloff in global energy markets. The General Confederation of Labor (CGT), which represents trade workers, has…

Unions continued striking Thursday in France to oppose a proposed overhaul of the nation’s pension system, impacting power production, air travel, refineries, ports, LNG imports and other key aspects of the economy.

Calling it a “fairy tale” and “nothing more than smoke and mirrors,” bankruptcy-bound Pacific Gas and Electric Co. late Thursday counter-attacked one of its severest critics, the utility consumer group, TURN, alleging that it “misstated the truth, manipulating facts” in an analysis released earlier in the day that attacked the utility’s proposed Chapter 11 reorganization plan. Even for these two long-time public adversaries, the rhetoric was particularly harsh.

It’s not nice to fool the investing public — energy companies and their auditors are learning as Enron’s collapse continues to spark a tidal wave of investigations, recriminations and falling stock prices. Not only the companies are under attack but also the investment analysts who follow them and even the watchdog Securities and Exchange Commission (SEC) itself is coming under fire for a “failure of leadership,” for abdicating its responsibility to set strict financial reporting standards.

It’s not nice to fool the investing public — energy companies and their auditors are learning as Enron’s collapse continues to spark a tidal wave of investigations, recriminations and falling stock prices. Not only the companies are under attack but also the investment analysts who follow them and even the watchdog Securities and Exchange Commission (SEC) itself is coming under fire for a “failure of leadership,” for abdicating its responsibility to set strict financial reporting standards.

The risk of a terrorist attack on most stretches of crude oil and natural gas pipelines in the United States is “relatively low,” according to an energy security report that was released last Monday and forwarded to the White House Office of Homeland Security.

The risk of a terrorist attack on most stretches of crude oil and natural gas pipelines in the United States is “relatively low,” according to an energy security report that was released Monday and forwarded to the White House Office of Homeland Security.

With the shadow of one major utility’s bankruptcy barely cast, California Gov. Gray Davis late Monday announced a “memorandum of agreement” with the state’s other major financially wounded investor-owned utility, Southern California Edison Co. in which the state will purchase the Edison transmission grid assets in return for a way out of its credit crunch and back to solvency.