Adverse

Chevron Corp. reported Wednesday that its U.S. natural gas production rose in January and February from the year-ago period, with upstream net output hitting 664,000 boe/d, up from 637,000 boe/d.

FERC Tuesday approved Equitrans LP’s request to abandon by sale its Sunrise Pipeline facilities that are currently under construction to a newly created affiliate, Sunrise Pipeline LLC, which was formed by Equitrans owner EQT Corp.

The tax deal struck between President Obama and congressional Republicans last week does not appear to have any adverse “pay-fors” for oil and natural or an increase in taxes for energy, said an official with a producer association.

Sempra Energy’s $875 million, 1 Bcf/d liquefied natural gas (LNG) terminal in North Baja California, Mexico, continued operations Thursday despite an adverse Mexican federal district court action earlier in June that has caused the plaintiff — a former adjacent landowner — to cry foul, accusing the San Diego-based U.S. energy holding company of violating regulations governing the LNG facility’s operations.

Recognizing potential adverse impacts on oil and natural gas operations and explorers, Governor Sean Parnell on Thursday vetoed Senate Bill 305, legislation that would have decoupled Alaska’s petroleum taxes through separate levies on oil and gas production.

Recognizing potential adverse impacts on oil and natural gas operations and explorers, Gov. Sean Parnell last Thursday vetoed Senate Bill 305, legislation that would have decoupled Alaska’s petroleum taxes through separate levies on oil and gas production.

Citing adverse weather conditions, Rockies Express Pipeline LLC (REX) Thursday pushed back its timeline for completing the remainder of its western leg known as REX-West.

EnCana Corp.’s Deep Panuke natural gas project off the coast of Nova Scotia is “not likely” to cause any adverse environmental effects and has been sent to federal regulators for a final ruling, Canada’s environment minister said Wednesday.

National Grid and KeySpan Corp. submitted their merger plan to FERC on Thursday, promising no adverse impacts on the wholesale energy market nor any cross subsidization from regulated to unregulated operations from the $7.3 billion combination, which would create the third largest gas and electric utility company in the United States.