Tag: Energy

Displaying 301 - 320 of 331 results.

In the latest law enforcement initiative targeting ads that use deceptive performance claims to tout motor oil additives, the Federal Trade Commission has charged the marketers of Dura Lube Super Engine Treatment and Dura Lube Advanced Engine Treatment with making false and unsubstantiated...
Consent order requires Consumer Energy, a CMS subsidiary, to "loan" natural gas from its own system to shippers on third-party pipelines if the interconnection capacity with competing pipelines falls below historical levels settling charges that its acquisition of two natural gas...
The Federal Trade Commission will review the proposed acquisition of Mobil Oil by Exxon Corporation in each area where they compete -- exploration and production, refining and marketing -- and against the backdrop of an "ongoing trend of consolidation and concentration" in the industry, according...
The following is an excerpt from the statement of Federal Trade Commission Chairman Robert Pitofsky and Commissioners Sheila F. Anthony and Mozelle W. Thompson explaining why they believe the consent agreement accepted on December 29, 1998, protects the interests of U.S. consumers and clarifying...
Consent order in BP Amoco p.1.c. (created by the merger of British Petroleum Company, p.1.c. and Amoco Corporation) requires the divestiture of 134 gas stations in eight markets and nine Light petroleum products terminals settling charges that the merger would substantially reduce...
The consent order requires Shell Oil and its Tejas Energy, LLC, subsidiary, to divest parts of the ANR pipeline system in Oklahoma and Texas to settle charges that its acquisition of gas gathering assets of The Coastal Corporation would lead to anticompetitive increases in gas...
Shell Oil Company and its subsidiary, Tejas Energy, LLC, have agreed to divest approximately 171 miles of their natural gas pipeline system in Oklahoma and Texas in order to settle Federal Trade Commission charges that the firms' acquisition of gas gathering assets of The Coastal Corporation...
Exxon will divest its viscosity index improver business to Chevron Chemical Company LLC to settle allegations that its proposed joint venture with Royal Dutch Shell to develop, manufacture and sell their fuel and lubricants additives would reduce competition and lead to collusion...
The Federal Trade Commission has reached a settlement agreement with Royal Dutch Shell and Exxon over charges that their proposed joint venture to develop, manufacture, and sell viscosity index improver -- an essential motor oil additive -- would reduce competition and violate federal antitrust...
Consent agreements given final approval: Following a public comment period, the Commission has made final a consent agreement with the following entity. The Commission action makes the consent order binding on the respondent.
Consent order permits the acquisition of MAPCO, Inc. but requires Williams to lease its pipeline to Kinder Morgan Energy Partners, a terminal competitor of MAPCO, to ensure that Kinder Morgan can continue to exist as an independent competitor in the transportation and terminaling of...
The Commission withdrew a proposed consent agreement that settled allegations that PacifiCorp's proposed acquisition of The Energy Group PLC would lead to increases in wholesale and retail electricity prices in the United States. During the comment period PacificCorp withdrew its bid...
Shell Oil and Texaco settled allegations that their proposed joint venture would reduce competition and could raise prices for gasoline in Hawaii, California, and Washington and the price of asphalt in California. The consent order requires Shell to divest a package of assets,...
Shell Oil Company and Texaco, Inc., have agreed to divest a package of assets, including Shell's Anacortes, Washington, refinery; a Hawaiian terminal; and retail gasoline stations in Hawaii and in California, to settle Federal Trade Commission charges that their proposed joint venture could raise...
The Federal Trade Commission has approved as final a consent agreement with Exxon Corporation that has triggered the launch of a massive consumer education and advertising campaign. The campaign is informing consumers that regular gasoline, not high octane, is the right fuel for most cars. Exxon...
Consumers who were exposed to ads that claimed that Exxon high octane gasoline would reduce auto maintenance costs will get important new information from Exxon soon. In a landmark settlement of Federal Trade Commission charges that the ads were unsubstantiated and misleading, Exxon will run an...
Consent order settles charges that the acquisition of gas gathering assets from ANR Pipeline Company would reduce competition for natural gas gathering services in five Oklahoma counties. The order permits the acquisition but requires the divestiture of 160 miles of pipeline system...
Phillips Petroleum Company has agreed to divest approximately 160 miles of its natural gas pipeline system in Oklahoma as part of a settlement with the Federal Trade Commission over the firm’s acquisition of gas-gathering assets from ANR Pipeline Company. The settlement would resolve FTC charges...

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