FERC last week rejected Williams Energy Marketing &Trading’s request to generically exempt Outer Continental Shelf(OCS) pipelines from FERC’s ban on “buy-sell” transactions. But itdid allow a “limited waiver” of its policy for the MineralsManagement Service (MMS) to carry out its royalty-in-kind programin the offshore.
Trading
Articles from Trading
Futures Eke Out Small Gain After Early Storm Spike
After dropping a quick nickel in Thursday’s after-hours Accesstrading session, natural gas futures did an about-face Friday astraders learned of the first named storm in the 2000 Atlantichurricane season. The September contract was fast out of the chute,notching a gap-higher open on the daily charts and climbingthroughout the morning. However, after reaching fresh five-weekhighs at $4.39, it came under steady profit taking, which trimmedgains into the closing bell.
Southern Sells Dynegy Wholesale Contract
Southern Wholesale Energy, the trading arm of Southern Company,signed a wholesale power supply contract with Dynegy Energy toprovide 260 MW of power from its excess wholesale capacity. Theagreement is the second wholesale power agreement between the twocompanies within the last six months.
Southern Sells Dynegy Wholesale Contract
Southern Wholesale Energy, the trading arm of Southern Company,signed a wholesale power supply contract with Dynegy Energy toprovide 260 MW of power from its excess wholesale capacity. Theagreement is the second wholesale power agreement between the twocompanies within the last six months.
PetroCosm B2B Offers E-Commerce for Oil & Gas
The newest global business-to-business e-commerce marketplacefor the oil and gas industry, PetroCosm, went live on the Internetlast week, offering a neutral marketplace for trading products andservices.
PetroCosm Offers E-Commerce for Oil & Gas
The newest global business-to-business e-commerce marketplacefor the oil and gas industry, PetroCosm, went live on the Internetyesterday, offering a neutral marketplace for trading products andservices.
Prices Ratchet Down, But Maintain an Edge
The softening that had begun in late trading Monday carried overto Tuesday’s activity, but the path back down wasn’t as steep asthe climb up.
Sempra to Provide Power To Utility.com Customers
Utility.com has signed up Sempra Energy Trading to become the preferred wholesale natural gas provider behind the growing retail energy and communications website.
Sempra to Provide Power to Utility.com Customers
Utility.com has signed up Sempra Energy Trading to become thepreferred wholesale natural gas provider behind the growing retailenergy and communications website.
Prices Flat to Mildly Higher Except for West Softness
Friday trading completed a pattern of last week’s cash market,substantially mimicking the price movement during the precedingweek: strong at first, leveling off and then softening aroundmidweek, and capped off by a mild rebound for most weekend numbers.