Finalizing

With a promotional launch to its ambitious liquefied natural gas (LNG) plans for California now complete, Australian-connected Woodside Natural Gas Inc. is focusing on finalizing its proposed onshore receipt site for regasified LNG shipments along the Southern California coast. Woodside will make public its final site decision next month, a Los Angeles-based spokesperson said Tuesday.

Calgary-based independent Nexen Inc. is finalizing agreements with four undisclosed buyers to sell conventional oil and gas properties in southeast Saskatchewan, northwest Saskatchewan, northeast British Columbia and the Alberta foothills for C$946 million (US$762 million) to pay down debt and get ready for startup of its 50%-owned Long Lake oilsands project late next year.

Calgary-based independent Nexen Inc. is finalizing agreements with four undisclosed buyers to sell conventional oil and gas properties in southeast Saskatchewan, northwest Saskatchewan, northeast British Columbia and the Alberta foothills for C$946 million (US$762 million) to pay down debt and get ready for startup of its 50%-owned Long Lake oilsands project late next year.

After finalizing new technology that will speed up construction times on liquefied natural gas (LNG) facilities, ExxonMobil Upstream Research Co. said that it has licensed the patented LNG storage tank technology to U.K.-based Skanska Whessoe, an engineering, procurement and construction contractor with specialized, worldwide experience in storage and handling of low-temperature fluids.

After finalizing new technology that will speed up construction times on liquefied natural gas (LNG) facilities, ExxonMobil Upstream Research Co. said Friday that it has licensed the patented LNG storage tank technology to U.K.-based Skanska Whessoe, an engineering, procurement and construction contractor with specialized, worldwide experience in storage and handling of low-temperature fluids.

FERC should put off finalizing its proposed rules on price reporting to publications until it has a chance to evaluate how well its voluntary guidelines are succeeding, producers said in comments filed Monday (RM03-10). If the Commission does proceed with its proposed amendments to blanket certificates, it needs to refine its definitions of prohibited behavior, producers and others said.

Northern Border Partners LP expects to see gathering and processing volumes from the Powder River Basin gain between 15-20% by the end of the year with the timely completion of the Bureau of Land Management’s final environmental impact statement (FEIS), company officials said in an earnings conference call Thursday.

Northern Border Partners LP expects to see gathering and processing volumes from the Powder River Basin gain between 15-20% by the end of the year with the timely completion of the Bureau of Land Management’s final environmental impact statement (FEIS), company officials said in an earnings conference call Thursday.

As it moves closer to statewide deregulation, the Virginia State Corporation Commission (SCC) is finalizing permanent rules that will govern retail access to competitive energy services for both the electric and natural gas industries. The SCC is calling for public comment on the proposed rules, which take effect Jan. 1, 2002.