Consortium

The legal challenge by a consortium of environmental groups to the Department of Interior’s issuance of a permit to a unit of Royal Dutch Shell plc to drill a new well in the Gulf of Mexico (GOM) has the “potential to virtually halt production in the Gulf of Mexico,” said Shell Oil President Marvin Odum.

Clean Vehicle Solutions LLC, based in East Brunswick, NJ, is one of a consortium of companies positioning themselves to serve the East Coast market for fleet vehicle conversions to natural gas, providing an “end-to-end” solution for government and private companies to make the switch to compressed natural gas (CNG) that on average will cut their emissions by 30%.

Clean Vehicle Solutions LLC, based in East Brunswick, NJ, is one of a consortium of companies positioning themselves to serve the East Coast market for fleet vehicle conversions to natural gas, providing an “end-to-end” solution for government and private companies to make the switch to compressed natural gas (CNG) that on average will cut their emissions by 30%.

Shell Gas & Power Developments BV Tuesday signed a master agreement with a consortium composed of Technip and Samsung for the design, construction and installation of multiple floating liquefied natural gas (FLNG) facilities over a period of up to 15 years, Royal Dutch Shell plc said.

It could take up to $2 billion and the next six years, but engineers at Southern California Edison Co. (SCE) think it is realistic to hope that a consortium by 2015 can turn petroleum refinery waste into an integrated gas combined-cycle (IGCC) power plant with carbon capture storage in nearby oil fields. But SCE’s project manager, Mark Nelson, told NGI the first step is to complete a feasibility study.

Puget Sound Energy’s (PSE) $7.4 billion sale to a consortium of private investment groups led by Macquarie Infrastructure Partners should close Feb. 6, the investors and PSE’s parent, Puget Energy, said last Friday. They said the companies have accepted the conditioned approval late in December by the Washington Utilities and Transportation Commission (WUTC), the deal’s final regulatory approval.

Pennsylvania regulators last Tuesday approved a settlement agreement that allows Pittsburgh-based Duquesne Light Holdings to be purchased by a consortium led by Macquarie Infrastructure Partners (MIP) and Diversified Utility and Energy Trusts (DUET) for an estimated $1.6 billion.

An ultra-deep natural gas well being drilled in the Gulf of Mexico on the Treasure Island play by a consortium of producers will be temporarily abandoned after failing to reach its primary targets. The well failed to reach its targets because of higher than expected pressure, said 23%-stakeholder Newfield Exploration Co.

An ultra-deep natural gas well being drilled in the Gulf of Mexico on the Treasure Island play by a consortium of producers will be temporarily abandoned after failing to reach its primary targets. The well failed to reach its targets because of higher than expected pressure, said 23%-stakeholder Newfield Exploration Co.