Measure

Facing a ballot measure by its opponents that it alleges is illegal, NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon received county approval for upgrading its three-mile-long access road to the site as a last major local permitting milestone, the company announced. Bradwood Landing now looks to the final FERC environmental impact report expected around late June as its next major milestone, a Portland, OR-based spokesperson told NGI last Wednesday.

Facing a ballot measure by its opponents that it’s alleging is illegal, NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon received county approval Monday for upgrading its three-mile-long access road to the site as a last major local permitting milestone, the company announced. Bradwood Landing now looks to the final FERC environmental impact report (EIR) expected around late June as its next major milestone, a Portland, OR-based spokesperson told NGI Wednesday.

By nearly every financial measure, ConocoPhillips is in enviable shape: a debt-to-capital ratio at 19%, an ongoing share buyback program, dividend payouts and consistently strong quarterly earnings. Even so, there’s likely to be few, if any, mergers and acquisitions (M&A) announced this year, CEO Jim Mulva said last week.

By nearly every financial measure, ConocoPhillips is in enviable shape with a debt-to-capital ratio at 19%, an ongoing share buyback program, dividend payouts and strong quarterly earnings. Even so, there’s likely to be few, if any, mergers and acquisitions (M&A) announced this year, CEO Jim Mulva said Wednesday.

Because oil and natural gas reserves are the “core” measure of exploration and production (E&P) performance, the Security and Exchange Commission’s (SEC) decision to review and evaluate reserves disclosures offers a “welcome opportunity” to strengthen and improve the rules, Standard & Poor’s (S&P) said in a report Friday.

Because oil and natural gas reserves are the “core” measure of exploration and production (E&P) performance, the Security and Exchange Commission’s (SEC) decision to review and evaluate reserves disclosures offers a “welcome opportunity” to strengthen and improve the rules, Standard & Poor’s (S&P) said in a report Friday.

In order to better measure and validate organizational and industry performance, electric utilities should use benchmarking and best practices to a much greater degree, participants were told at EUCG’s spring 2007 workshop in Savannah, GA in late March.

Senate Majority Leader Bill Frist (R-TN) is not likely to allow votes on amendments to Lease Sale 181 legislation during debate on the measure this week, according to some Capitol Hill aides.

The Alaska Senate rejected legislation to tax oil companies at 23.5% of net profits, a measure that the House had approved Tuesday. A conference committee has been appointed to attempt a compromise before the lawmakers adjourn their special session at midnight Thursday.