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California environmental officials have asked Pacific Gas and Electric Co. to step up its efforts to keep toxin-laced groundwater from its natural gas transmission pipeline operations near the California-Arizona border from seeping into the nearby Colorado River, which is a major source of drinking water for 18 million people in Southern California. Tainted groundwater from a nearby compressor station reportedly has gotten within 60 feet of the river, according to a Los Angeles Times news report last week.

GDF SUEZ Mexico and GE Energy Financial Services (GEFS) are partnering to extend the Mayakan pipeline in the Yucatan Peninsula, where Mexico's state-owned electric utility, Comision Federal de Electricidad (CFE), has agreed to use 300 MMcf/d of natural gas in power plants currently using diesel and fuel oil.

In a major victory for market speculators, a federal court in Washington, DC, Friday tossed out the Commodity Futures Trading Commission's controversial final rule aimed at limiting speculative trading in the swaps market.

With more questions than answers surrounding Greenwich, CT-based Amaranth Advisors LLC's significant losses due to a slumping natural gas market, Connecticut Attorney General Richard Blumenthal reiterated Tuesday his long-standing call for more oversight of hedge funds in general.

Two Asia-focused investors -- Temasek and RRJ Capital -- have agreed to put $468 million into Cheniere Energy Inc., the liquefied natural gas (LNG) developer said Monday, adding that it would use the proceeds to support development of liquefaction and export capability at the Sabine Pass LNG facility in Louisiana (see Daily GPI, April 18).