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INSURANCE: Giant's Progress

INSURANCE: Giant's Progress
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Salt Mine's Insurance Questions Head to Louisiana Supreme Court

The Fifth Circuit certified two questions to the Louisiana Supreme Court on whether the Louisiana Oilfield Anti-Indemnity Act applies to nullify contractors’ indemnity agreements related to drilling for minerals since neither the appeals court’s nor state law precedent indicated clear answers.

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Southern Pines Phase II Cavern Slated for Early 2009 - Natural Gas Intelligence

SGR Holdings LLC subsidiary SG Resources Mississippi LLC (SGRM) said it has closed a $100 million credit facility for its Phase III expansion of the Southern Pines Energy Center high-deliverability natural gas storage facility in Greene County, MS, and that Phase II is moving along right on schedule.

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FERC OKs Enlarged Trunkline Gas Pipeline to Serve Lake Charles LNG Expansion

FERC has issued an amended certificate giving Trunkline Gas Co. LLC the go-ahead to increase the size of an agency-approved looping project that would serve affiliate Trunkline LNG's expansion of its liquefied natural gas (LNG) terminal in Lake Charles, LA.

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