Green

The Federal Energy Regulatory Commission gave Arlington Storage Co. the green light to begin service at its Thomas Corners Storage Field in southern New York state on an interim basis. The Thomas Corners field, a converted natural gas production field in Bath, NY, has a total working capacity of approximately 7 Bcf, along with maximum withdrawal and injection capabilities of 140 MMcf/d and 70 MMcf/d, respectively. In May 2008 Arlington Storage said it sold all the available capacity in its storage project. The storage field, which FERC approved in late 2008, interconnects with Tennessee Gas Pipeline’s Line 400 and Columbia Gas Transmission’s A-5 line, which accesses the Millennium Pipeline (see NGI, Dec. 22, 2008). Inergy acquired Arlington Storage in late 2007.

FERC on Wednesday gave Arlington Storage Co. the green light to begin service at its Thomas Corners Storage Field in southern New York state on an interim basis.

ExxonMobil Corp., a constant target of environmental groups, is the “green company of the year,” according to Forbes Magazine. Forbes cited ExxonMobil’s plethora of natural gas projects and its big bet on renewable technology.

ExxonMobil Corp., which environmental groups have long berated, is the “green company of the year,” according to Forbes Magazine. The reason, said the magazine, was the producer’s turn toward natural gas projects, along with a big bet on renewable technology.

Egan Hub Storage LLC Friday asked FERC for the green light to place a fourth cavern at its storage facility in Acadia Parish, LA, into service by Wednesday (July 29) with an interim capacity of approximately 5.5 Bcf.

Looking to jump on the “green train” before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.

Boardwalk Pipeline Partners LP Tuesday said its 356-mile Gulf Crossing Pipeline has completed remediation of pipe anomalies on its system and has been given the green light by the Department of Transportation (DOT) to operate the pipeline at normal operating pressures of up to 72% of the specified minimum yield strength (SMYS) effectively immediately.

The Federal Energy Regulatory Commission Tuesday gave Columbia Gas Transmission LLC the green light to place into service part of the proposed expansion of its Ohio storage facilities.

Looking to jump on the ‘green train’ before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.