In a favorable step for the state’s suspended electric direct access purchasing program, California’s Supreme Court last Thursday upheld the state regulatory commission’s authority and recent rules laid down for customers who were exempted from the state legislature’s restrictions imposed two years ago. About 15% of the three private sector electric utilities’ load is covered by large customers buying their own power supplies.
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Articles from Suspended
Initial Tests on New Panuke Well Could Revive EnCana Drilling
EnCana Corp. has apparently scored success with a new natural gas well test in its suspended Deep Panuke project offshore Nova Scotia and could drill a second shallow-water well by the end of October, according to the company’s senior vice president for the East Coast. However, El Paso Corp., which two years ago proposed a gas pipe from Nova Scotia into the U.S. Northeast, said it would delay its project until more discoveries are made.
September 1, 2003
Initial Tests on New Panuke Well Could Revive EnCana Drilling
EnCana Corp. has apparently scored success with a new natural gas well test in its suspended Deep Panuke project offshore Nova Scotia and could drill a second shallow-water well by the end of October, according to the company’s senior vice president for the East Coast. However, El Paso Corp., which two years ago proposed a gas pipe from Nova Scotia into the U.S. Northeast, said it would delay its project until more discoveries are made.
August 22, 2003
FERC and CFTC Rake in $273M in Fines, Restitution During First Year of Task Force
The Federal Energy Regulatory Commission and the Commodity Futures Trading Commission (CFTC) were quite busy during the first year of the President’s Corporate Fraud Task Force, according to a White House fact sheet.
July 25, 2003
Pepco’s Conectiv Discontinues Gas Futures Trading After Losses
Conectiv Energy, the trading arm of Washington, DC-based Pepco Holdings, Inc. (PHI), has suspended trading in natural gas futures after taking a substantial loss due to the high gas prices in the last week in February.
March 10, 2003
Pepco’s Conectiv Discontinues Gas Futures Trading After Losses
Conectiv Energy, the trading arm of Washington, DC-based Pepco Holdings, Inc. (PHI), has suspended trading in natural gas futures after taking a substantial loss due to the high gas prices last week.
March 7, 2003
CMS to Report Major Loss for 2002, Suspends Dividends
Beleaguered CMS Energy Corp. said Friday it will report a major loss for 2002 due to additional write-downs and has suspended payment of dividends indefinitely to bolster its liquidity position. The company’ stock was drained of more than 28% of its value following the announcement, settling at $6.11 a share late in the day.
January 27, 2003
CMS to Report Major Loss for 2002, Suspends Dividends
Beleaguered CMS Energy Corp. said Friday it will report a major loss for 2002 due to additional write-downs and has suspended payment of dividends indefinitely to bolster its liquidity position.
January 27, 2003
AGLC Gives Marketer ACN One Month to Get House ‘Back in Order’
Atlanta Gas Light Co. (AGLC) said Friday that it has suspended its earlier request to have marketer ACN Energy removed from Georgia’s deregulated natural gas market, citing a “tentative agreement” that was arrived at on Thursday.
November 19, 2002
AGLC Gives Marketer ACN One Month to Get House ‘Back in Order’
Atlanta Gas Light Co. (AGLC) said Friday that it has suspended its earlier request to have marketer ACN Energy removed from Georgia’s deregulated natural gas market, citing a “tentative agreement” that was arrived at on Thursday.
November 18, 2002
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