Two potential beneficiaries of relatively cheap North American natural gas supplies, Japan and India, reportedly both have been urging the Obama administration to open liquefied natural gas (LNG) exports as soon as possible, according to the project manager for one of the export terminal proposals.
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Most Federal Energy Incentives Said for Oil, Gas
The oil and natural gas industries have been the primary beneficiaries of more than $800 billion in federal energy incentives over the past six decades, according to an updated study by a Washington, DC-based research and consulting firm. Attempts to strip the industry of these incentives have been blocked in the past couple of years, but they are particularly vulnerable now as the government seeks to make deep cuts in the federal deficit.
October 31, 2011
Study: Most Federal Energy Incentives Go to Oil, Gas
The oil and natural gas industries have been the primary beneficiaries of more than $800 billion in federal energy incentives over the past six decades, according to an updated study by a Washington, DC-based research and consulting firm.
October 26, 2011
Sempra Closes Energy Production Unit Sale
With its affiliated natural gas operations as the primary beneficiaries, Sempra Generation announced Tuesday it completed the sale of its exploration and production (E&P) subsidiary, Sempra Energy Production Co. (SEPCO), to PEC Minerals LP for approximately $225 million in cash. The company said it expected to record an after-tax gain of about $110 million from the sale in the third-quarter as part of discontinued operations.
August 2, 2006
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