With the prospect for thousands of construction and manufacturing jobs, legislation was introduced in the U.S. Senate Wednesday to speed up a final federal decision on the stalled C$7 billion, 1,700-mile Keystone XL oil pipeline proposed to run from Alberta, Canada to Gulf of Mexico (GOM) refineries in the United States.
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Inergy to Create Midstream Partnership
Inergy LP said Tuesday it plans to spin off a minority interest in a new master limited partnership (MLP) as Inergy Midstream LP, which initially would own and operate the northeastern midstream natural gas storage and transportation business.
SandRidge Forms $500M Mississippi Lime JV with Atinum
SandRidge Energy will transfer a 13.2% interest in its Mississippian Lime play acreage in northern Oklahoma and southern Kansas to an affiliate of South Korean investment firm Atinum Partners Co. for $500 million, the Oklahoma City-based company said.
Colorado GOP Members Request Extensions for Permits to Drill
Colorado Republican Senate Minority Leader Josh Penry, who has indicated his plans to run for governor in 2010, and fellow Republican state Rep. Cory Gardner have asked the Colorado Oil and Gas Conservation Commission (COGCC) to extend the allowed time to hold a natural gas and oil drilling permit to provide “long-term certainty” for companies willing to invest in the state.
Morgan Stanley Acquires Stake in Cleantech Venture Capital Firm
As part of Morgan Stanley’s environmental initiative, the firm said last week it will acquire a minority equity stake in NGEN Partners LLC, a venture capital firm with energy sector expertise that invests in companies focused on clean technologies.
Senate Panel Puts ANWR in Budget Resolution; Dems Vow to Fight It
Key Democratic lawmakers, including Minority Leader Harry Reid of Nevada and Sen. Jeff Bingaman of New Mexico, expressed deep dissatisfaction with the Senate Budget Committee’s approval Thursday of a provision authorizing drilling in the Arctic National Wildlife Refuge (ANWR) as part of the budget package for fiscal year 2007.
Senate Democratic Leader Recommends Nevadan for Open FERC Seat
Senate Minority Leader Harry Reid (D-NV) has recommended that the White House nominate another westerner for an open seat on the Federal Energy Regulatory Commission.
Senate Democratic Leader Recommends Nevadan for Open FERC Seat
Senate Minority Leader Harry Reid (D-NV) has recommended that the White House nominate another westerner for an open seat on the Federal Energy Regulatory Commission.
Kelly’s FERC Confirmation May Get Bogged Down in Yucca Mountain Skirmish
With Sen. Harry Reid (D-NV) poised to become Senate Minority Leader, another problem has popped up on the horizon that could prevent the Senate from confirming FERC Commissioner Suedeen Kelly for another term this week.
Kelly’s FERC Confirmation May Get Bogged Down in Yucca Mountain Skirmish
With Sen. Harry Reid (D-NV) poised to become Senate Minority Leader, another problem has popped up on the horizon that could prevent the Senate from confirming FERC Commissioner Suedeen Kelly for another term this week.