Tied

An Oregon Circuit Court Tuesday ordered Clatsop County to restore its earlier approval of a 41-mile natural gas transmission pipeline project tied to the proposed Oregon LNG receiving terminal for liquefied natural gas (LNG) at the mouth of the Columbia River.

Still reeling from the bludgeoning Thursday tied to a round of bearish natural gas supply news, the natural gas futures market continued to sink closer to the $3.810 low for the larger downtrend. June futures recorded a low of $3.885 before closing at $3.920 Friday, down 6 cents from Thursday’s finish and 42.3 cents below the previous week’s close.

Sempra Energy and California officials announced Wednesday they had reached a $410 million agreement in principle resolving substantially all of the remaining litigation tied to the state’s 2000-01 wholesale energy crisis. The deal requires FERC approval, which the parties said they expect before the end of this year.

Sempra Energy and California officials announced Wednesday they had reached a $410 million agreement in principle resolving substantially all of the remaining litigation tied to the state’s 2000-01 wholesale energy crisis. The deal requires FERC approval, which the parties said they expect before the end of this year.

Denver-based Bill Barrett Corp., whose fortunes are tied to the natural gas transportation system out of its core Rocky Mountain operations, is seeing “improving infrastructure” for both gas and liquids, COO Joe Jaggers told financial analysts last week.

Denver-based Bill Barrett Corp., whose fortunes are tied to the natural gas transportation system out of its core Rocky Mountain operations, is seeing “improving infrastructure” for both gas and liquids, COO Joe Jaggers told financial analysts Tuesday.

Denver-based Bill Barrett Corp., whose fortunes are tied to the natural gas transportation system out of its core Rocky Mountain operations, is seeing “improving infrastructure” for both gas and liquids, COO Joe Jaggers told financial analysts Tuesday.

The arrival of real summer heat tied with overwhelming prior-day screen support helped push the nation’s cash market points unanimously higher Tuesday for the second consecutive day. Most gains across the country ranged 30-50 cents.

San Diego-based Sempra Energy’s aggressive natural gas pipeline and storage plays, particularly tied to the Gulf of Mexico, could take a hit of up to $55 million if current assessments of the cavern prove negative in its salt dome Liberty Storage project in Louisiana, Sempra CEO Donald Felsinger said in an earnings conference call last Tuesday. Definitive information should be available in the next two to three months, he said.