Royalty cuts by the British Columbia (BC) government ignited natural gas production development with potential to match or exceed the supply addition represented by the proposed Alaska pipeline from the North Slope, Canadian industry analysts say.
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Net-Profit Royalty Regime Lights a Fire Under BC Producers
Royalty cuts by the British Columbia (BC) government ignited natural gas production development with potential to match or exceed the supply addition represented by the proposed Alaska pipeline from the North Slope, Canadian industry analysts say.
Pipelines, Shippers Spar Over Canada’s Toll Formula
The global credit crisis has ignited a duel between Canadian pipelines and natural gas shippers over who should pay potential cost increases created by money market turmoil. The transporters are calling the financial sorrows a reason to scrap a long-standing restraint on their returns and tolls. But their customers are defending the status quo.
Canadian Pipelines, Shippers Spar Over Toll Formula
The global credit crisis has ignited a duel between Canadian pipelines and natural gas shippers over who should pay potential cost increases created by money market turmoil. The transporters are calling the financial sorrows a reason to scrap a long-standing restraint on their returns and tolls. But their customers are defending the status quo.
Futures Rebound, But Bottoming Pattern Still in Question
After carving out a new low for the move on Tuesday, August natural gas futures traders on Wednesday ignited a rebound that left the contract at $6.528, up 22.1 cents from Tuesday’s regular session close.
GAO Urges DOE to Expand Scope of LNG Safety Study
A panel of experts and several studies are at odds over the distance at which heat from an ignited liquefied natural gas (LNG) tanker would pose a hazard to the public, according to a Government Accountability Office report released last Wednesday. The agency called on the Department of Energy (DOE) to expand the issues under review in a current study to resolve this uncertainty and others.
GAO Urges DOE to Expand Scope of LNG Safety Study
A panel of experts and several studies are at odds over the distance at which heat from an ignited liquefied natural gas (LNG) tanker would pose a hazard to the public, according to a Government Accountability Office report released Wednesday. The agency called on the Department of Energy (DOE) to expand the issues under review in a current study to resolve this uncertainty and others.
Federal-Provincial Authority Issue Clouds Mackenzie Project
Canada’s beleaguered Arctic natural gas development plan has ignited a classic constitutional law debate on federal versus provincial jurisdiction over pipelines — and pleas by project sponsors and supporters to create a special, separate dueling arena for the lawyers.
Senate Judiciary Chairman Mulls Tax on Energy Windfall Profits
Rising gasoline prices have re-ignited calls on Capitol Hill for a windfall tax on major energy producers’ profits. Sen. Arlen Specter (R-PA), chairman of the Senate Judiciary Committee, over the weekend said lawmakers should consider levying the tax.
Probe, Damage Assessment of Moss Bluff Storage Blast Gets Underway
A fire, which ignited Thursday following a blast at Duke Energy’s Moss Bluff underground salt cavern storage facility in Liberty County, TX, just northeast of Houston, increased in size and intensity in the pre-dawn hours Friday when an above-ground valve structure failed, causing a larger release of natural gas that shot flames 1,000 feet into the sky, the company said.