Struck

ExxonMobil Corp. and Fairbanks Natural Gas LLC (FNG) have struck a long-term contract to supply Alaska North Slope gas to FNG customers in interior Alaska, the companies said last week. The deal could indirectly help head off a shortage of natural gas in the Cook Inlet area, and it is seen by lawmakers as a crack in the ice in the state’s relationship with North Slope natural gas leaseholders.

Columbia Gulf Transmission (CGT) declared a force majeure event after a tornado struck its Hartsville (TN) Compressor Station about 11:17 p.m. CST Tuesday and caused a fiery explosion. Customers were being kept whole Wednesday by use of storage supplies, but all production-area receipts were suspended until further notice, pipeline spokesman Kelly Merritt said.

The Alabama Supreme Court has struck down a lower court ruling that ExxonMobil Corp. owed the state $3.6 billion for fraud and for underpaying the state in a contract dispute over natural gas pumped from Alabama-owned waters in Mobile Bay.

The Alabama Supreme Court Thursday in an 8-1 opinion struck down a lower court ruling that ExxonMobil Corp. owed the state $3.6 billion for fraud and for underpaying the state in a contract dispute over natural gas pumped from Alabama waters in Mobile Bay.

A House source indicated Thursday a contentious provision may be struck from the Coast Guard reauthorization bill (HR 2830) that would require the Department of Homeland Security to sign off on liquefied natural gas (LNG) projects.

A House source indicated Thursday that a contentious provision may be struck from the Coast Guard reauthorization bill (HR 2830) that would require the Department of Homeland Security to sign off on liquefied natural gas (LNG) projects.

Calgary-based Advantage Energy Income Fund and Sound Energy Trust (SET) have struck a merger deal to create a natural gas-focused energy trust with an enterprise value of about C$2.7 billion (US$2.58 billion).

Calgary-based Advantage Energy Income Fund and Sound Energy Trust (SET) have struck a deal to merge to create a natural gas-focused energy trust with an enterprise value of about C$2.7 billion (US$2.58 billion).

The Senate Appropriations Committee Thursday struck a provision in a fiscal year 2008 spending bill that would have barred producers from bidding on future offshore leases unless they agreed to renegotiate the flawed 1998 and 1999 leases that they currently hold.