Lays

Flanked by Senate and House leaders and key administration officials, President Obama last Wednesday signed into law landmark legislation that lays the groundwork for the biggest overhaul of the financial regulatory system since the 1930s.

Flanked by Senate and House leaders and key administration officials, President Obama Wednesday signed into law landmark legislation that lays the groundwork for the biggest overhaul of the financial regulatory system since the 1930s.

Prospects for construction of Canada’s Mackenzie Valley pipeline continue to recede as the federal government lays out conditions for supporting the pioneer arctic natural gas development with favorable financial terms.

Prospects for construction of Canada’s Mackenzie Valley pipeline continue to recede as the federal government lays out conditions for supporting the pioneer arctic natural gas development with favorable financial terms.

FERC last Wednesday took a major step towards the realization of an Alaskan natural gas pipeline by issuing a final rule that lays out all the steps that potential sponsors will have to follow when allocating transportation capacity on a long-line system stretching from Alaska’s North Slope to markets in the Lower 48 states.

FERC on Wednesday issued a final rule that lays out all the steps potential sponsors will have to go through to carry out open seasons for transportation capacity on proposed Alaska natural gas pipeline projects.

Senior management officials of Pacific Gas and Electric (PG&E) “have approved in principle” a sales agreement and auction protocol to pave the way for the sale of the company’s 500- to 600-mile natural gas gathering network in northern California to individual producers on its system.

Setting up a possible showdown with states over how and when electric utilities should join regional transmission organizations (RTOs), FERC late Tuesday said that American Electric Power Co. (AEP) must “expeditiously fulfill” prior voluntary commitments and hand over control of its transmission facilities to PJM Interconnection. Significantly, the Commission also said that after considering various alternatives, AEP’s full integration into PJM is the best solution among the options before the federal agency.

The Senate Energy and Natural Resources Committee on Wednesday voted out the nomination of New Mexico attorney Suedeen G. Kelly for a seat on the Federal Energy Regulatory Commission, setting the stage for the full Senate to now act on her appointment and that of the Republican FERC nominee, Joseph T. Kelliher.