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BUSINESS
By Kim Clark | August 1, 1991
Following through on its five-week-old warning, Columbia Gas System Inc. filed for bankruptcy protection yesterday, saying the company was running out of cash because creditors and suppliers had failed to ease their terms.The Wilmington, Del.-based supplier of natural gas to 15 states, including Maryland, said customers would continue to receive natural gas although Columbia will suspend its debt payments and seek to cancel its gas-purchasing contracts.In fact, gas customers will likely benefit from lower prices in the long run if Columbia escapes its high, fixed-price, gas-purchasing deals, said company Chairman John H. Croom.
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NEWS
By Kevin Rector and The Baltimore Sun | September 26, 2014
A federal judge ruled this week that owners of multiple Harford County properties - where portions of a 21-mile underground gas pipeline are being installed under an eminent domain claim - cannot fully access funds set aside by the gas company as a form of collateral until a final determination is made at trial on compensation. Columbia Gas Transmission LLC was granted access to the properties in June to begin installing a back-up gas line between Owings Mills and Fallston under condition that it file a cash bond payment of $231,675 to the court, according to court records.
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BUSINESS
By Kim Clark | July 31, 1991
Columbia Gas System Inc., one of the region's most important suppliers of natural gas, may seek Chapter 11 bankruptcy protection if it doesn't win easier terms from its creditors and suppliers by today.Last month, Columbia stunned its investors and customers by announcing that natural gas prices had fallen so far below the company's fixed-price gas purchase contracts that it faced losses totaling $1 billion over the next 10 years.In its June 19 announcement, the company said that if it didn't get more credit from its bankers and better deals from its suppliers by the end of July, it would file for bankruptcy.
NEWS
February 25, 2014
It seems to me in my humble opinion that Baltimore County Executive Kamenetz has been so pro-business that he has not only forgotten the people of Baltimore County, he has literally ignored them. Now with this new Columbia Gas pipeline due to plow through Baltimore County and Oregon Ridge Park, property owners are being sued by Columbia Gas for not giving up their property and Mr. Kamenetz has nothing to say? ( "Columbia Gas sues dozens of landowners for pipeline easements," Feb. 20)
BUSINESS
By ASSOCIATION PRESS | September 11, 1991
WILMINGTON, Del. (AP) -- Troubled Columbia Gas System Inc. received approval from a federal bankruptcy judge yesterday for $275 million in loans over two years.The loans by Manufacturers Hanover Trust Co. are to be used for operating and other costs, company officials said. The financing approved by U.S. Bankruptcy Judge Helen Balick must also be approved by the federal Securities and Exchange Commission.The money will allow Columbia, one of the nation's largest natural gas distributors, to pay wages and salaries, make loans to its subsidiaries and cover daily operation costs.
BUSINESS
By Kim Clark | July 2, 1991
Columbia Gas Systems, struggling to avoid bankruptcy, has cut salaried workers' pay by up to 10 percent and frozen the wages of hourly workers.William McLaughlin, company spokesman, said the freezes and cuts, which started yesterday, have affected all 8,000 of Columbia's non-union employees, including some of the 80 employees of Columbia Gas of Maryland Inc.Yesterday's move will save the company $6 million, Mr. McLaughlin said. Columbia said it would negotiate similar wage freezes and cuts with the unions representing its 3,000 organized workers.
BUSINESS
By Kim Clark | August 15, 1991
The Columbia Gas System, a supplier of natural gas to 15 states, including Maryland, reported yesterday that it lost nearly $805 million in the quarter before it declared bankruptcy.The Wilmington, Del.-based company attributed the loss to high- priced gas purchase contracts.Columbia's gas pipeline subsidiary, which filed for bankruptcy along with the parent company, took a $765 million charge as a reserve against the costs of canceling the expensive contracts.Though industry experts say the bankruptcy filings and proposed contract cancellation should benefit customers by lowering the price of the company's gas, a utility executive said that Columbia might not be able to supply much gas this winter.
BUSINESS
By Kim Clark | February 4, 1992
Columbia Gas Transmission Corp., a Wilmington, Del.-based gas pipeline company that filed for Chapter 11 bankruptcy protection last summer, has applied for federal permission to drop its natural gas prices 22 percent.Columbia, which got caught in a financial bind after promising to pay high prices to its gas suppliers, has canceled its high-priced contracts and is attempting to pass its savings on to customers, including Baltimore Gas and Electric Co., Columbia officials said yesterday.Columbia and its parent, Columbia Gas System Inc., filed for bankruptcy protection after failing to win concessions from banks and natural gas suppliers.
NEWS
By MELISSA HARRIS | December 4, 2005
Police in Howard and Anne Arundel counties have arrested three people in connection with a Nov. 20 armed robbery of a Columbia gas station. The robbery took place about 6:45 p.m. when two people entered the Exxon in the 7200 block of Eden Brook Drive, brandished a gun and demanded money from the clerk, according to police. The robbers fled in a car driven by a third person. Witnesses gave police the license plate number of the car. Anne Arundel County police arrested Frank R. Huber, 17, of Pasadena and Timothy Lester Quick, 20, of Severn on a warrant several days after the incident.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | July 15, 1992
Columbia Gas System's $154 million deal to sell its remaining interest in a Calvert County plant that converts liquefied natural gas to gaseous form might be in trouble, the company said yesterday.Delaware-based Columbia Gas said conditions in its agreement to sell 40.8 percent of Columbia LNG, the subsidiary that owns the Cove Point regasification plant, to Shell LNG Co. on July 29 were "unlikely to be met."If the conditions aren't met, Shell will have the option of canceling that agreement and a deal to buy 50 percent of the subsidiary next year, Columbia Gas spokesman William R. McLaughlin said.
NEWS
By Alison Knezevich, The Baltimore Sun | February 20, 2014
A West Virginia-based gas company is suing dozens of landowners in Baltimore and Harford counties to gain use of portions of their properties for a $180 million pipeline project. In three federal lawsuits filed since January, Columbia Gas Transmission seeks to invoke eminent domain to obtain temporary or permanent easements on more than 400 acres for its 21-mile pipeline extension. The project, which gained approval from federal regulators last November, has sparked concern among neighbors about safety, environmental issues and property values.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | November 25, 2013
Columbia Gas Transmission said Monday that it expects to begin work on a 21-mile pipeline through Baltimore and Harford counties next year after winning federal approval for the $180 million project, which drew heated opposition from neighbors. The Federal Energy Regulatory Commission authorized the company to extend an existing line from Owings Mills to Fallston, built largely alongside another line. Columbia Gas said the project would improve safety and reliability because it would provide a backup method for transporting natural gas when the other line needed repairs.
NEWS
March 10, 2013
Your recent article about Sen. Robert A. Zirkin's dispute with Columbia Gas unfairly portrayed the senator's efforts to convince the company to reroute its proposed underground high-pressure transmission pipeline ("Senator, gas company clash over pipeline," March 3). The article implies that Senator Zirkin is leading this effort solely for personal gain. In fact, he and his family are not directly affected by the proposed new route. But he has given voice to the concerns of those of us who will be. Instead of concentrating on the issues at hand, your article diverges into matters that are irrelevant to the fundamental question: Why does Columbia Gas need another pipeline and why, except for a recent change that excludes Gun Powder State Park, is expansion of the current right-of-way the only viable alternative being considered?
NEWS
March 10, 2013
State Sen. Robert A. Zirkin has shown his true colors by taking on Columbia Gas' proposed new natural gas transmission pipeline ("Senator, gas company clash over pipeline," March 3). Isn't it funny that he only fights the gas line when it comes across his property - and then tells the gas company to move it onto someone else's property? He even tried to go after one of the lobbyists' wives with a special bill crafted to only affect her. I thought he was just pompous, but now I see by his disregard for the people who elected him that he is arrogant as well.
NEWS
By Michael Dresser, The Baltimore Sun | March 2, 2013
A Baltimore County senator is engaged in a bitter public clash with a giant energy company over its plans to build an underground natural gas pipeline that would run through land alongside his Owings Mills home and through the yards of many of his neighbors. Sen. Robert A. Zirkin has introduced more than a dozen bills in Annapolis that take aim at the gas pipeline industry and its federally granted powers to seek condemnation of private property. Zirkin says he is doing everything he can to protect the environment and the safety of his constituents.
EXPLORE
Letter to The Aegis | June 21, 2012
The following letter was addressed to Del. Rick Impallaria. A copy was provided for publication. I am writing to you today to bring to your attention an issue you might already be aware of and one that I need your help monitoring. Columbia Gas has proposed the installation of a 21.4-mile natural gas pipeline from Owings Mills to Rutledge Compressor Station in Fallston. For most of the 21.4 miles, the pipeline will follow [an] existing pipeline, however, most of the pipeline being installed in the Fallston area will follow a new direction.
BUSINESS
June 29, 1996
Columbia Gas of Maryland yesterday filed a proposal with the state's Public Service Commission that would offer about 36 percent of the utility's residential customers a choice in buying natural gas.The plan, which will be offered to 10,000 customers under a two-year pilot program beginning Nov. 1, is similar to one that Columbia Gas' sister company filed earlier this month in Pennsylvania. The program is expected to reduce customers' natural gas costs, said Gary J. Robinson, president and chief executive of Columbia Gas."
BUSINESS
April 29, 1995
Quaker State moving to DallasQuaker State Corp. announced yesterday it will move its headquarters to the Dallas area, joining a long list of corporate migrants from the Northeast to the Sun Belt.The motor-oil maker, which has been based in Oil City, Pa., since its founding 64 years ago, said it hopes to choose a site within two to three months. It expects to complete the move by early 1996.Week-long layoffs at ChryslerChrysler Corp.'s assembly plant in Newark, Del., will put workers on an unscheduled layoff for a week due to sluggish sales and an overload of cars, the company said yesterday.
NEWS
By TYRONE RICHARDSON and TYRONE RICHARDSON,SUN REPORTER | August 6, 2006
Exxon Mobil Corp., is in talks with a Baltimore-based real estate development firm wanting to take over an Oakland Mills Village Center property that has been vacant since the oil company closed the gas station in 1999, village officials announced last week. Metroventures/USA Inc. is considering building an office complex on the 1.7-acre property at an entrance to the village center, according to an e-mail distributed by the village. Village officials did not have any further information about the size of the complex or a timeline for construction.
NEWS
By MELISSA HARRIS | December 4, 2005
Police in Howard and Anne Arundel counties have arrested three people in connection with a Nov. 20 armed robbery of a Columbia gas station. The robbery took place about 6:45 p.m. when two people entered the Exxon in the 7200 block of Eden Brook Drive, brandished a gun and demanded money from the clerk, according to police. The robbers fled in a car driven by a third person. Witnesses gave police the license plate number of the car. Anne Arundel County police arrested Frank R. Huber, 17, of Pasadena and Timothy Lester Quick, 20, of Severn on a warrant several days after the incident.
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