TC Energy Corp.’s 2.1 Bcf/d Coastal GasLine Pipeline Project, which would traverse the gassy fields of the Western Canadian Sedimentary Basin to move supply overseas, has gained KKR and Alberta Investment Management Corp. as majority stakeholders.
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Insurance giant The Hartford this month instituted a policy to no longer insure or invest in companies that generate more than one-quarter of their revenues or energy production from oilsands or coal.
Plans by the city of Los Angeles to develop an 845 MW natural gas-fired power plant to replace a coal generation unit in Utah are facing increasing public opposition.
The federal Bureau of Ocean Energy Management (BOEM) “systematically underestimates the value of offshore oil and gas leases, resulting in the government collecting hundreds of millions of dollars less than it could otherwise,” according to the Government Accountability Office (GAO).
Another in a chorus of states aiming to reduce greenhouse gas (GHG) emissions, North Carolina has published a draft Clean Energy Plan, a list of recommendations that, if enacted, would have major implications for natural gas use.
West Virginia-based Domestic Synthetic Fuels is preparing to break ground in October on a $1.2 billion project to convert coal and natural gas into gasoline and other fuels.
Amid efforts to reduce greenhouse gas emissions from the U.S. power grid, natural gas-fired generation will replace most of the thermal-coal electric-generation capacity that’s heading toward retirement, according to a new report from Moody’s Investors Service.
Capital Power Corp. said Tuesday it is proceeding with a project to maximize flexibility to use natural gas as fuel at the Genesee Generating Station in Alberta, which primarily had burned coal.
As part of a plan to reduce carbon emissions across its Upper Midwest footprint through the use of more renewables, nuclear energy and natural gas, Xcel Energy said it will retire its last two coal-burning plants in the region a decade earlier than previously scheduled.
Natural gas-fired electricity output exceeded coal-fired generation last year for the first time in the history of the nation’s largest grid operator PJM Interconnection, according to a report released last week by its independent market monitor.