Abandoned

Royal Dutch Shell plc’s Alaska unit said last Wednesday it has abandoned a three-year plan to explore for oil and gas in Alaska’s Beaufort Sea.

Royal Dutch Shell plc’s Alaska unit said Wednesday it has abandoned a three-year plan to explore for oil and gas in Alaska’s Beaufort Sea.

National Grid has abandoned plans for the Fields Point Liquefied Natural Gas (LNG) terminal in Providence, RI, and has dropped its appeal of a FERC decision not to approve the project to convert an existing LNG peak shaving plant there for LNG importation, the company said last week.

National Grid has abandoned plans for the Fields Point Liquefied Natural Gas (LNG) terminal in Providence, RI, and has dropped its appeal of a FERC decision not to approve the project to convert an existing LNG peak shaving plant there for LNG importation, the company said Tuesday.

Once a basket case and white elephant abandoned by its private-sector sponsors, the massive Great Plains Synfuels Plant in North Dakota delivered $39.2 million in profits to the federal Department of Energy (DOE) earlier in May under a revenue-sharing agreement dating to 1988 when DOE bailed out the then money-losing venture. Now operated by Dakota Gasification Co. (DGC), a for-profit unit of a major Bismarck, ND, cooperative utility, the plant has returned nearly $1 billion to the U.S. Treasury in the form of revenues and unused tax credits.

Once a basket case and white elephant abandoned by its private-sector sponsors, the massive Great Plains Synfuels Plant in North Dakota delivered $39.2 million in profits to the federal Department of Energy (DOE) Monday under a revenue-sharing agreement dating to 1988 when DOE bailed out the then money-losing venture. Now operated by Dakota Gasification Co. (DGC), a for-profit unit of a major Bismarck, ND, cooperative utility, the plant has returned nearly $1 billion to the U.S. Treasury in the form of revenues and unused tax credits.

An ultra-deep natural gas well being drilled in the Gulf of Mexico on the Treasure Island play by a consortium of producers will be temporarily abandoned after failing to reach its primary targets. The well failed to reach its targets because of higher than expected pressure, said 23%-stakeholder Newfield Exploration Co.

An ultra-deep natural gas well being drilled in the Gulf of Mexico on the Treasure Island play by a consortium of producers will be temporarily abandoned after failing to reach its primary targets. The well failed to reach its targets because of higher than expected pressure, said 23%-stakeholder Newfield Exploration Co.

Abandoned by members of Congress, who left a lot of low-income energy users out in the cold as they headed for their own home holiday fires, natural gas end users are turning to federal agencies to stem the tide of high prices.