Touting the deal as a means of strengthening its finances and operating efficiencies, PNM Resources filed its plans to acquire Texas-New Mexico Power’s parent, TNP Enterprises, with state regulatory commission in New Mexico and Texas on Thursday. Rate decreases for both natural gas and electric utility customers in the merged company are proposed by PNM for next year.
Submits
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CPUC Commissioner Submits Alternate PG&E Rate Decision
In a move that could break loose a California Public Utilities Commission (CPUC) decision on the $300 million-plus 2003 general rate case of Pacific Gas and Electric Co., CPUC Commissioner Geoffrey Brown late last week released a new alternate decision on the case that was settled by the utility last year. Comments on the alternate are due by May 20 to the CPUC and it could be considered by the regulators at their next regular business meeting May 27.
Irving Oil Submits EIS for New Brunswick LNG Project
Irving Oil said Thursday that it has submitted an environmental impact statement (EIS) for its previously announced New Brunswick liquefied natural gas (LNG) import terminal. After the government reviews the project and details are released to the public, a final government decision would follow within 60 to 90 days.
Irving Oil Submits EIS for New Brunswick LNG Project
Irving Oil said Thursday that it has submitted an environmental impact statement (EIS) for its previously announced New Brunswick liquefied natural gas (LNG) import terminal. After the government reviews the project and details are released to the public, a final government decision would follow within 60 to 90 days.
PNM Submits Revised Rate Hike to New Mexico Commission
Seeking to reach a compromise between what it is seeking and what the New Mexico Public Regulation Commission rejected Nov. 3, PNM Resources’ utility subsidiary, PNM, has submitted a revised plan to the commission for increasing delivery rates for the company’s 441,000 natural gas customers in the state.
Shell Submits Winning Bid for Altamira LNG Project
Mexico’s Federal Electricity Commission (CFE) has awarded a Shell affiliate a contract to build a liquefied natural gas (LNG) import terminal in Altamira in the Gulf Coast state of Tamaulipas. The contract calls for Shell’s Gas del Litoral to supply 500 MMcf/d of gas from the terminal to the CFE.
Shell Submits Winning Bid for Altamira LNG Project
Mexico’s Federal Electricity Commission (CFE) has awarded a Shell affiliate a contract to build a liquefied natural gas (LNG) import terminal in Altamira in the Gulf Coast state of Tamaulipas. The contract calls for Shell’s Gas del Litoral to supply 500 MMcf/d of gas from the terminal to the CFE.
Prebon Energy Submits Data to IntercontinentalExchange
IntercontinentalExchange Inc. (ICE) Wednesday announced an agreement whereby Prebon Energy Inc. will submit its brokered trade records to Intercontinental’s eConfirm platform and its trade database used in compiling market indices. ICE said Prebon is the first voice broker to use its digital infrastructure in this manner.
FirstEnergy Submits $25M Davis-Besse Repair Plan; Releases Earnings
Almost a month and a half after the problem was first discovered during a routine inspection, FirstEnergy Nuclear Operating Company (FENOC) said Friday that it has submitted its $25 million plan to the Nuclear Regulatory Commission (NRC) for the repair of the corroded reactor pressure vessel head at the Davis-Besse nuclear power facility in Oak Harbor, OH.
El Paso Submits Test Results to OPS
The Department of Transportation’s Office of Pipeline Safetyreported yesterday that El Paso Natural Gas has submitted theresults of its tests on the one line (Line 1110) that was the leastaffected by the Aug. 19 explosion and fire on El Paso’s South Mainsystem, as well as a plan for returning the line back to operation.