A combined Royal Dutch Shell plc and BG Group plc would have about 2,800 fewer workers after global workforce reductions, Shell said Monday, as the planned combination received its final pre-conditional regulatory approval.
Articles from Clearance
Linn Energy LLC and LinnCo LLC are acquiring Berry Petroleum Co. for $4.3 billion, including debt, in a transaction said to be the first-ever acquisition of a C-corporation by an upstream limited liability company (LLC) or master limited partnership (MLP).
Among assets slated to be sold by Kinder Morgan Inc. (KMI) to win antitrust clearance for its acquisition of El Paso Energy Corp., the “only meaningful” buys are the 50% stake in the Rockies Express Pipeline (REX) and KMI’s Kinder Morgan Interstate Gas Transmission (KMIGT), an industry analyst said Friday. And it’s not because of what they are now, but what they could become.
California-based Clean Energy Fuels Corp.’s compressed natural gas (CNG) conversion kit manufacturer, BAF, has received clearance from California air quality regulators to sell its 2012 dedicated CNG Ford Motor Co. Transit Connect taxis in the state. The certification from the California Air Resources Board (CARB) is effective immediately, according to Dallas-based BAF. In this case CNG is used in traditional gasoline internal combustion engines that BAF modifies to operate on natural gas (see Daily GPI, Sept. 27). As a Clean Energy subsidiary, BAF has been certified by Ford to convert standard Transit Connect taxis to run on CNG. BAF said it already has CARB authorizations for other 2012 utility and shuttle models, and it has federal Environmental Protection Agency authorization for CNG-powered versions of Ford vans, shuttles and pickup trucks.
After receiving clearance from the Federal Regulatory Commission, Empire Pipeline Inc. has placed its Tioga County Extension in service to transport Marcellus Shale production in Pennsylvania to the U.S.-Canadian border.
Less than a day after getting clearance from FERC, Sempra LNG Thursday announced that its Cameron LNG liquefied natural gas (LNG) import terminal near Lake Charles, LA, which had been under construction for four years, began commercial operation.
Tres Palacios Gas Storage LLC, a subsidiary of Westport, CT-based NGS Investments LP, asked the Federal Energy Regulatory Commission for clearance to place its entire storage header system in Texas in service on Monday (July 20). “Action by that day will give Tres Palacios adequate time to alert its customers to the availability of additional receipt point capabilities for storage injections and will give those customers time to make the necessary upstream transportation and gas supply arrangements,” wrote attorneys for the storage company. Tres Palacios said it was nearing completion of the construction of the segment of the header system located between interconnections with Transcontinental Gas Pipe Line and Tennessee Gas Pipeline.The 41.72-mile, looped bidirectional pipeline will be connected to a number of interstate and intrastate pipelines. In late 2008 and early this year Tres Palacios received authorization to place into service storage caverns one and two, as well as its gas handling facility and previously constructed portions of the header pipeline system (see NGI, Oct. 6, 2008). The storage facility, located in Matagorda County, TX, is using existing underground salt caverns on the Markham Dome. A third cavern is targeted for service in 2010, according to Tres Palacios. The three-cavern facility has planned working gas storage capacity of 36.62 Bcf, and will have the ability to receive injections of up to 1 Bcf/d and handle withdrawals of up to 2.5 Bcf/d.
Tres Palacios Gas Storage LLC, a subsidiary of Westport, CT-based NGS Investments LP, Wednesday asked FERC for clearance to place its entire storage header system in Texas in service on July 20.
Sempra Energy’s two natural gas distribution utilities received clearance from the California Public Utilities Commission (CPUC) to proceed with seeking approval for off-system natural gas sales over the protests of regional air pollution regulators and power generators. The CPUC concluded that air quality issues had already been considered and could not be revisited in the current proceeding.