Commitment

California’s Brown Recommits to Renewables

Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.

January 5, 2011

DOE Offers $50M Loan Guarantee For CNG Vehicle Production

The Department of Energy (DOE) has offered a nearly $50 million conditional loan commitment to The Vehicle Production Group LLC (VPG) to support the development of the six passenger MV-1, a wheelchair-accessible vehicle that will run on compressed natural gas (CNG), Energy Secretary Steven Chu said Tuesday.

November 24, 2010

U.S. Shale Credited for Surge in Upstream Spending

Big spending by Big Oil in the U.S. shale plays is leading to a big-time recovery in global upstream capital spending, according to energy consultant Wood Mackenzie.

November 15, 2010

How Much Shale Gas Is There? ‘Really, Really a Lot,’ Says Expert

Rick Smead, a director in Navigant Consulting Inc.’s Energy Practice, co-authored the firm’s 2008 North American Natural Gas Supply Assessment, which was considered a breakthrough in recognizing the potential of unconventional natural gas supplies. However, many of the two-year-old supply assumptions already need to be updated because of remarkable advancements in technology, he said Wednesday.

November 4, 2010

Green Energy Said Fuel for U.S. Job Growth

A firm commitment to low-carbon energy sources could create millions of sustainable new jobs in the United States, according to a report issued last week by the Copenhagen Climate Council (CCC).

June 1, 2009

Report: Green Energy Fertile Ground for Job Growth

A firm commitment to low-carbon energy sources could create millions of sustainable new jobs in the United States, according to a report issued on Monday by the Copenhagen Climate Council (CCC).

May 27, 2009

Chevron Spends for the Long Term, Readies Deepwater Start-Ups

Chevron Corp. has backed off an earlier commitment to increase worldwide natural gas and oil production by 3% in the long-term because of the “uncertain point in the global economy,” but 2009 output should jump 4% from 2008 levels because of the slate of new projects nearing completion, CEO Dave O’Reilly said last week.

March 16, 2009

FERC Reinforces Competition in Power Market

Reaffirming its commitment to perfecting the competitive wholesale power market, the Federal Energy Regulatory Commission last Thursday unanimously approved a final rule to strengthen organized transmission markets as Chairman Joseph T. Kelliher noted the long history of bipartisan support for the competitive power market and expressed the hope it will be continued by a new administration.

October 20, 2008

Dallas Company: Chesapeake Grounded Marketing of Airport Lease Gas

Dallas-based gas marketer ICC Energy Corp. is suing Chesapeake Energy Corp., several subsidiaries and individuals, claiming the company reneged on a commitment to partner with ICC on the marketing of gas produced from the Barnett Shale at Dallas/Fort Worth (DFW) International Airport.

June 16, 2008

Dallas Company: Chesapeake Grounded Marketing of Airport Lease Gas

Dallas-based gas marketer ICC Energy Corp. is suing Chesapeake Energy Corp., several subsidiaries and individuals, claiming the company reneged on a commitment to partner with ICC on the marketing of gas produced from the Barnett Shale at Dallas/Fort Worth (DFW) International Airport.

June 16, 2008