Developed

A report developed for the Natural Resources Defense Council (NRDC) released Monday contends that stepped up energy efficiency programs can replace the need for expanding natural gas drilling offshore and in what the environmental group considers pristine parts of the Rocky Mountains. NRDC is worried about various areas in the West that are viewed as attractive for gas exploration.

FERC last Tuesday announced a rulemaking proceeding to address reliability standards developed by the North American Electric Reliability Council (NERC). The Commission expects to issue a notice of proposed rulemaking (NOPR) on the reliability standards in July.

While higher gas prices have put pressure on chemical companies, many still have prospered while others have developed strategies to mitigate exposure to the challenges related to current gas market trends, said Standard & Poor’s in a new report.

Confirming previous assumptions developed over the past number of weeks, the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center announced late last week the official return of La Nina. The periodic cooling of ocean waters in the east-central equatorial Pacific favors increased Atlantic hurricane activity and can impact the typical alignment of weather patterns around the globe.

Rhode Island Attorney General Patrick Lynch fired another shot last Thursday in the heated legal battle that has developed over KeySpan Energy’s plan to convert an existing liquefied natural gas (LNG) peak shaving facility (formerly Algonquin LNG) in Providence into a 525 MMcf/d LNG import terminal.

Rhode Island Attorney General Patrick Lynch fired another shot on Thursday in the heated legal battle that has developed over KeySpan Energy’s plan to convert an existing liquefied natural gas (LNG) peak shaving facility (formerly Algonquin LNG) in Providence into a 525 MMcf/d LNG import terminal.

New offshore energy projects developed in Nova Scotia will now operate under a more efficient approval process, following a memorandum of understanding (MOU) between the province’s energy minister and the Canadian government Friday.

New offshore energy projects developed in Nova Scotia will now operate under a more efficient approval process, following a memorandum of understanding (MOU) between the province’s energy minister and the Canadian government Friday.

New Mexico Gov. Bill Richardson has appealed a decision by the Bureau of Land Management (BLM) to allow oil and gas drilling on the state’s Otero Mesa desert, which he said would impact groundwater and grassland. If the plan is not scrubbed, he said the state will consider legal action.