Hopes

Awash in natural gas storage proposals, but short on follow-through in getting one built, Arizona energy stakeholders again have their hopes raised this month by the prospect of a major project proposed by a Houston-based developer in an area between Phoenix and Tucson. The Arizona Corporation Commission (ACC) has been briefed on the 5 Bcf proposal and could eventually hold hearings on it if utilities it regulates contract for storage.

With the runoff win of Sen. Saxby Chambliss (R-GA) Tuesday, the Democrats’ hopes of obtaining a filibuster-proof majority of 60 members in the Senate died. But they remained undeterred, saying they have the support to fend off GOP efforts to derail major legislation.

TransCanada Corp. hopes to secure commitments from at least the top three Alaska natural gas producers before it launches an open season in July 2010 for its proposed Alaska gasline, CEO Hal Kvisle said last week.

TransCanada Corp. hopes to secure commitments from at least the top three Alaska natural gas producers before it launches an open season in July 2010 for its proposed Alaska gasline, CEO Hal Kvisle said Tuesday.

Anyone who hopes to site a liquefied natural gas (LNG) terminal on the West Coast should be realistic about the time and effort it may take, a FERC commissioner and a regional expert said in separate presentations last week in San Francisco.

The Western Governors’ Association (WGA), citing a lack of a federal energy program, will draft a national energy policy that it hopes will influence the next presidential administration.

The Western Governors’ Association (WGA), citing a lack of a federal energy program, will draft a national energy policy that it hopes will influence the next presidential administration.

ConocoPhillips CEO Jim Mulva said Thursday he hopes ExxonMobil Corp. joins his company and BP plc on the proposed $30 billion Denali pipeline project, which would connect natural gas fields in Alaska’s North Slope to the Lower 48.

Sempra Energy hopes to better navigate roiling global financial markets now that its trading joint venture with the Royal Bank of Scotland (RBS) received final regulatory approval from the U.S. Federal Reserve Bank to complete the formation of their commodities/marketing joint venture, RBS Sempra Commodities. Sempra CEO Donald Felsinger said he would like to boost the San Diego-based energy company’s stock price.