Intend

FERC does not intend to appeal a recent court finding that the agency lacks jurisdiction over natural gas futures transactions, said Commission Chairman Jon Wellinghoff.

A Texas landowner who three weeks ago signed an easement agreement with TransCanada Corp. on a part of its Keystone XL oil pipeline project won a county court-ordered temporary restraining order on part of the Keystone southern portion for which work is ongoing in three segments between Cushing, OK, and the Gulf of Mexico (GOM).

BP plc officials said Friday they intend to sell the company’s lucrative stake in TNK-BP, which is owned equally with Russia’s Alfa Access Renova (AAR), a group of Russian billionaires.

Bismarck, ND-based MDU Resources Group Inc. senior executives on Thursday reiterated that they intend to exploit their home field advantage in all lines of their business by digging deeply into the Bakken Shale play’s continuing robust growth. And they talked bullishly about prospects this year despite reporting earnings that were down slightly quarter over quarter and year over year in 2011.

Rockies exploration and production (E&P) companies intend to work more closely with the Bureau of Land Management (BLM) to remove uncertainty surrounding oil and gas leasing activity in many areas in the region, an official with the Denver-based Western Energy Alliance (WEA) told NGI last week.

Rockies exploration and production (E&P) companies intend to work more closely with BLM to remove uncertainty surrounding oil and gas leasing activity in many areas in the region, an official with the Denver-based Western Energy Alliance (WEA) told NGI Thursday.

The technical portion of a feasibility study of a gas-to-liquids (GTL) project in Western Canada, which is under consideration by Talisman Energy Inc. and Sasol Ltd., is expected to be completed during the fourth quarter of this year, according to the Foster Wheeler AG subsidiary that will perform the study.

The Horn River Basin of British Columbia (BC) holds an “ultimate potential” of marketable unconventional natural gas shale of 78 Tcf, which “ranks among the most prospective shale gas basins in North America,” according to a new government energy market assessment.

Peeking behind the $2.9 billion California regulators intend to spend on energy efficiency programs implemented by the state’s major private-sector utilities, the plans appear to be driven by a combination of technology and political/regulatory advancements.