Finance

UK to End Support for Natural Gas Export, Other Foreign Fossil Fuel Projects

UK to End Support for Natural Gas Export, Other Foreign Fossil Fuel Projects

The UK would end government-funded financial support for overseas oil, natural gas and coal projects under a plan announced this month by Prime Minister Boris Johnson as the country continues to jockey for position in the global fight against climate change.  The policy would end taxpayer support for export finance, aid funding and trade promotion…

December 23, 2020
COLUMN: The Complex Process of Financing Massive LNG Projects

COLUMN: The Complex Process of Financing Massive LNG Projects

Total SE’s announcement last month that it had landed nearly $15 billion in funding for a Mozambique liquefied natural gas (LNG) project came as a surprise given the economic impact of Covid-19, but financing massive export terminals is a complex and lengthy affair even in the best of times.  The global gas supply glut and…

August 12, 2020

PG&E Calls Proposed $2.25B Fine Excessive

Calling it dangerous and potentially harmful to its ability to finance natural gas pipeline safety upgrades, Pacific Gas and Electric Co. (PG&E) last week filed a formal reply to California regulators, strongly rejecting a safety staff recommendation of a $2.25 billion for the utility’s part in the Sept. 9, 2010 pipeline rupture and explosion in San Bruno, CA.

June 3, 2013

PG&E Fires Back at Proposed $2.25B Pipeline Fine

Calling it dangerous and potentially harmful to its ability to finance future natural gas pipeline safety upgrades, Pacific Gas and Electric Co. (PG&E) last Friday filed a formal reply to state regulators, strongly rejecting a safety staff recommendation of a $2.25 billion for PG&E’s part in the Sept. 9, 2010 pipeline rupture and explosion in San Bruno, CA.

May 29, 2013

Pennsylvania House Panel OKs Marcellus Tax Credit Bills

Lawmakers on a key committee of the Pennsylvania House of Representatives approved three “Marcellus Works” bills on Tuesday.

April 11, 2013

Top Ohio Republicans Take Aim at Severance Tax Proposal

Two prominent Ohio Republicans — state House Speaker William Batchelder (R-Media) and Treasurer Josh Mandel — told supporters of the oil and natural gas industry that they oppose Gov. John Kasich’s proposal to levy new severance taxes on hydraulic fracturing (fracking) and natural gas liquids (NGL).

March 11, 2013

California Lawmakers Dump Frack Regulation Bills

As the deadline for moving proposed bills out of finance committees came and went Thursday, the California state legislature again gave up on measures designed to more closely regulate hydraulic fracturing (fracking).

August 20, 2012

Voyager, Emerald Combo Strengthens Rockies Unconventional Focus

Denver-based explorer Voyager Oil & Gas Inc. on Tuesday agreed to buy a unit of Australia’s Emerald Oil & Gas NL in a deal that would create a U.S.-based Rocky Mountains operator focused on established and emerging unconventional oil and natural gas plays.

July 11, 2012

Senate Committee Urged to Keep Tax Breaks for IDCs

Energy industry supporters last week urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.

June 18, 2012

Senate Committee Urged to Keep Tax Breaks for IDCs

Energy industry experts on Tuesday urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.

June 13, 2012
‹ Previous 1 2 3 6