Chief

Royalties Due from BP on Oil Captured from Leak

The Interior Department’s chief oil and gas regulator said Thursday that BP plc must pay royalties on all oil and natural gas captured from the damaged Macondo well in the Gulf of Mexico. The company also is potentially liable for royalties on lost or wasted oil and gas from the well if it is determined that negligence or regulatory violations caused or contributed to the Deepwater Horizon explosion and resulting oil spill.

July 16, 2010

Canada’s Gas Exports to U.S. Continue Their Decline

Canadian natural gas exports deteriorated further during the 2009-2010 heating season, contributing to an accelerating switch of drilling targets to oil north of the border.

June 7, 2010

Canada’s Gas Exports to U.S. Continue Decline

Canadian natural gas exports deteriorated further during the 2009-2010 heating season, contributing to an accelerating switch of drilling targets to oil north of the border.

June 7, 2010

Forecasters See Heat Building Through Late Summer

The summer of 2010 is likely to be warmer than normal for much of the country, with average temperatures nationwide “much warmer” than the summer of 2009, AccuWeather.com Chief Long Range Forecaster Joe Bastardi said Monday.

May 25, 2010

Excelerate Seeking Gulf Gateway LNG Marketing Partner

Excelerate Energy LLC is seeking a partner to market gas from its Gulf Gateway liquefied natural gas (LNG) terminal off the Louisiana Coast, the company’s chief commercial officer said.

April 12, 2010

Excelerate Seeking Gulf Gateway LNG Marketing Partner

Excelerate Energy LLC is seeking a partner to market gas from its Gulf Gateway liquefied natural gas (LNG) terminal off the Louisiana Coast, the company’s chief commercial officer said.

April 12, 2010

People

A California Senate committee unanimously approved the reappointment of the state’s chief regulator while refusing to reconfirm a second member of the California Public Utilities Commission (CPUC). Michael Peevey will continue as Gov. Arnold Schwarzenegger’s choice for CPUC president and will fulfill a second six-year term that runs through 2014. A former president and board member at Southern California Edison Co., Peevey has headed the CPUC for the past seven years and was originally appointed by former Gov. Gray Davis. Commissioner Rachelle Chong was not reconfirmed because the state legislative panel refused to hear her nomination to a second term by Schwarzenegger. Chong is an attorney specializing in telecommunications and a former member of the Federal Communications Commission. Lawmakers refused to even consider confirming Chong, saying she failed to protect consumers, particularly telecommunications customers. They accused her of not resolving many major consumer complaints. Chong’s last meeting was last Thursday, and she left the CPUC hearing room abruptly at the end of the business session, asking Peevey to read a long prepared statement. At the end, Peevey expressed he and his fellow commissioners’ sadness in seeing Chong’s tenure on the five-member panel come to an end.

December 21, 2009

California Lawmakers: Peevey Stays, But Chong Must Go

A California Senate committee Wednesday unanimously approved the reappointment of the state’s chief regulator while refusing to reconfirm a second member of the California Public Utilities Commission (CPUC). Michael Peevey will continue as Gov. Arnold Schwarzenegger’s choice for CPUC president and will fulfill a second six-year term that runs through 2014.

December 18, 2009

EPA Finding Sends Message to ‘Get Moving,’ Says Sen. Kerry

Sen. John Kerry (D-MA), the chief architect of the Senate’s climate change legislation, said the Environmental Protection Agency (EPA) Monday was sending a “clear signal to Congress” when it issued an endangerment finding on greenhouse gas (GHG) emissions.

December 9, 2009

Midwest Utilities Stick to Procurement Script

Natural gas prices that some might describe as astronomically low and the unfolding of the North American shale gas story aren’t enough to dissuade the chief executives of at least two Midwestern utilities from their tried-and-true gas procurement strategies.

September 28, 2009