Government

Offshore operators have been able to mesh with the Department of Interior’s reorganization but challenges remain in implementing new regulations, according to the Government Accountability Office (GAO).

Offshore operators have been able to mesh with the Department of Interior’s reorganization but challenges remain in implementing new regulations, according to the Government Accountability Office (GAO).

Erie, CO, officials voted 6-1 Monday night to end a six-month moratorium on new oil and natural gas drilling after securing agreements with producers that place stricter regulations on their operations.

China Investment Corp. (CIC) and the Government of Singapore Investment Corp. (GSI) have invested a combined $1 billion in Cheniere Energy Partners LP’s Sabine Pass liquefied natural gas (LNG) export project in Louisiana, according to published reports.

While future U.S. exports of liquefied natural gas (LNG) depend on decisions by the federal government, the ultimate volumes and prices involved will be driven by the global natural gas market, which is rapidly being reshaped, according to a report released Wednesday by a professor at Rice University’s Baker Institute for Public Policy.

More than 60 members of Congress Tuesday wrote a letter to Interior Secretary Ken Salazar protesting the inclusion of Arctic sales in the federal government’s proposed five-year leasing plan for the Outer Continental Shelf.

The cash market retreated on average by 6 cents Thursday as traders elected to do their deals ahead of the release of important government inventory figures. Eastern and Northeast points took the biggest hits as forecasters were calling for unseasonably cool weather to infiltrate the Midwest and Ohio Valley, while losses in California were limited as a heat wave was expected to stay through the weekend..

Support is growing for the Muskingum Watershed Conservancy District (MWCD) — a state government entity that controls an 8,000-square mile watershed covering about one-fifth of the state — to sell water for natural gas drilling in the Marcellus and Utica shales, albeit on a temporary basis.

Support is growing for the Muskingum Watershed Conservancy District (MWCD) — a state government entity that controls an 8,000-square mile watershed covering about one-fifth of the state — to sell water for natural gas drilling in the Marcellus and Utica shales, albeit on a temporary basis.