Wrongdoing

In response to anonymous allegations of company wrongdoing, Consol Energy Inc. said last week that while it believes the claims are without merit, it will launch an investigation.

In response to anonymous allegations of company wrongdoing, Consol Energy Inc. said Wednesday that while it believes the claims are without merit, it will launch an investigation.

Without admitting any wrongdoing, Houston-based BP Energy Co. on Friday entered into a stipulation and consent deal with FERC staff to resolve charges that the energy company manipulated prices for electricity destined for the California market.

There is no evidence to substantiate allegations that the conduct or contents of a late March conference call held by FERC Chairman Pat Wood and Commissioner Nora Brownell with Wall Street analysts touching upon power contract proceedings violated any Commission procedural rules, a report issued by the Department of Energy’s (DOE) inspector general concludes.

Additional analysis performed by FERC trial staff into whether Avista Corp. affiliates may have engaged in questionable energy trading practices in Western energy markets turned up no evidence that the companies engaged in the buyback of ancillary services by submitting false schedules, participated in “megawatt laundering” or improperly executed so-called “counter-flow” schemes.

Without admitting any wrongdoing, National Fuel Gas Supply Corp. last week entered into a consent agreement with FERC enforcement authorities to settle charges that the interstate pipeline gave preferential treatment to certain select customers, including its natural gas marketing affiliate, from 1999 through mid-2002.

Without admitting any wrongdoing, National Fuel Gas Supply Corp. has entered into a consent agreement with FERC enforcement authorities to settle charges that the interstate pipeline gave preferential treatment to certain select customers, including its natural gas marketing affiliate, from 1999 through mid-2002.

Without admitting any wrongdoing, Transcontinental Gas Pipe Line Corp. last week entered into a settlement at FERC to pay a civil penalty of $20 million — the largest in the agency’s history — for violating laws and agency regulations that bar interstate natural gas pipelines from giving preferential treatment to marketing affiliates and other sister companies.

Without admitting any wrongdoing, Transcontinental Gas Pipe Line Corp. has entered into a settlement at FERC to pay a civil penalty of $20 million — the largest in the agency’s history — for violating laws and agency regulations that prohibit interstate natural gas pipelines from giving preferential treatment to marketing affiliates and other sister companies.