Ambitious

Natural gas, renewable energy, nuclear power and conservation would be the “cornerstones” of Ontario’s electricity future, according to an ambitious electricity supply plan unveiled by the province’s grid operator and energy regulator Wednesday.

Rep. Nick J. Rahall (D-WV), chairman of the House Natural Resources Committee, last week unveiled an ambitious Energy Policy Reform and Revitalization Act of 2007, which, among other things, would amend the Energy Policy Act of 2005 (EPAct) and require the Minerals Management Service (MMS) to perform at least 550 audits of oil and natural gas leases every fiscal year beginning in 2009.

Three Democratic governors, appearing at a news conference Friday at the National Press Club in Washington, DC, for the Apollo Alliance, called for an ambitious state-directed jobs and energy plan including development of more renewable energy and energy efficiency programs.

TXU Corp.’s ambitious plans for a build-out of coal-fired generation in Texas stumbled Wednesday when a pair of state administrative law judges (ALJs) recommended denial of an air emissions permit for a 1,600 MW plant in central Texas.

With a promotional launch to its ambitious liquefied natural gas (LNG) plans for California now complete, Australian-connected Woodside Natural Gas Inc. is focusing on finalizing its proposed onshore receipt site for regasified LNG shipments along the Southern California coast. Woodside will make public its final site decision next month, a Los Angeles-based spokesperson said Tuesday.

The state of Wyoming has jumped on board as a partner in the ambitious cross-country gas pipeline project announced a few weeks ago by Kinder Morgan Energy Partners and a unit of Sempra Energy.

ChevronTexaco Corp. has begun an ambitious plan to grow its upstream profitability in several core areas, which includes paring down its U.S. inventory to 400 fields and selling off some of its mature producing fields in western Canada.

ChevronTexaco Corp. has begun an ambitious plan to grow its upstream profitability in several core areas, which includes paring down its U.S. inventory to 400 fields and selling off some of its mature producing fields in western Canada.

The British Columbia government last Monday unveiled an ambitious energy plan under which BC Hydro will be restructured into two separate Crown corporations, one for generation and distribution, and the other for transmission.