Russia’s leading producer, OAO Rosneft, has given BP plc until next Monday to negotiate an acceptable alternative to their historic share swap agreement announced in January, which in total is estimated to be worth about $16 billion.
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Environmentalists Call For Public Hearings on Shale in BC
Several environmental groups are asking the government of British Columbia to follow the example of Quebec in conducting an environmental assessment of shale gas production.
U.S. JVs Seen as Foreign Investor ‘Stepping Stone’
Joint ventures (JV) have given Chinese and Korean companies a toehold in U.S. shale gas plays while hardly raising an eyebrow among those who might oppose an outright corporate takeover of a U.S. energy company by such a foreign interest. However, it’s only a matter of time before such a deal happens, Deloitte LLP consultants said.
Consultants: U.S. JVs Are a Foreign Investor ‘Stepping Stone’
Joint ventures (JV) have given Chinese and Korean companies a toehold in U.S. shale gas plays while hardly raising an eyebrow among those who might oppose an outright corporate takeover of a U.S. energy company by such a foreign interest. However, it’s only a matter of time before such a deal happens, Deloitte LLP consultants said.
Gas Storage Project Draws Opposition in Sacramento, CA
Given the events in Japan and last September’s fatal natural gas pipeline rupture in California, residents in and around California state’s capital are stirring up eleventh-hour doubts about a proposed underground gas storage facility south of their city. Some Sacramento residents will not accept a final environmental report listing as remote the chance of a leak or accident at the proposed facility.
Momentum Moving Toward Pipeline Safety Legislation
Given recent incidents involving old cast iron distribution pipeline failures, the odds are growing that some form of pipeline safety legislation could emerge from Congress later this year, some industry sources told NGI last week. Following the Allentown tragedy earlier this month (see related story), the Pennsylvania State Senate is also looking into ways to improve pipeline safety as Marcellus Shale development within the state continues to ramp up.
Momentum Moving Toward Pipeline Safety Legislation
Given recent incidents involving old cast iron distribution pipeline failures, the odds are growing that some form of pipeline safety legislation could emerge from Congress later this year, some industry sources told NGI Monday. Following the Allentown tragedy last week (see related story), the Pennsylvania State Senate is also looking into ways to improve pipeline safety as Marcellus Shale development within the state continues to ramp up.
California Coal? Yes, But Not for Long
Given its strong dependence on natural gas, it is surprising that California has nearly 540 MW of coal-fired electric generation capacity spread over 15 facilities, all of which are under pressure in the midst of the state’s climate change mitigation efforts to stop operations or convert to clean fuels.
AGA Urges FERC Not to Adopt Hinshaw Capacity-Release Program
Additional regulatory requirements on Hinshaw pipelines, particularly a capacity release program, are unnecessary given the limited nature of the jurisdictional transactions in which they engage, the American Gas Association (AGA) told FERC.
AGA Urges FERC Not to Adopt Hinshaw Capacity-Release Program
Additional regulatory requirements on Hinshaw pipelines, particularly a capacity release program, are unnecessary given the limited nature of the jurisdictional transactions in which they engage, the American Gas Association (AGA) told FERC.