Canadian pipelines have won a months-long battle to overturn a 15-year-old restriction on a key ingredient in their regulated profits and tolls. The National Energy Board (NEB), describing the old rule’s relevance today as doubtful, scrapped its formula for determining rates of return on the equity portion of the gas and oil transporters’ capital structures.
Overturn
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Supreme Court Asked to Review Anadarko Royalty Case
The Department of Justice (DOJ) last week asked the Supreme Court to overturn an appeals court ruling that has allowed Anadarko Petroleum Corp. to avoid paying royalties allegedly owed over a four-year period on eight oil and natural gas leases in the Gulf of Mexico (GOM).
Supreme Court Asked to Review Anadarko Royalty Case
The Department of Justice (DOJ) has asked the Supreme Court to overturn an appeals court ruling that has allowed Anadarko Petroleum Corp. to avoid paying royalties allegedly owed over a four-year period on eight oil and natural gas leases in the Gulf of Mexico (GOM).
Oregon LNG Proponents Keep Pushing Regulatory Buttons
As the state was still trying to overturn a favorable FERC ruling on its liquefied natural gas (LNG) project’s conditioned approval, NorthernStar Natural Gas and proponents of a competing Oregon LNG project separately expressed satisfaction Tuesday with other local, state and federal developments. In all, Oregon still has three active LNG terminal proposals — two along the Columbia River and a third, Jordan Cove, at Coos Bay along the southern half of the Oregon coast.
Broadwater Asks Commerce to Override New York’s Objection
Broadwater Energy LLC and Broadwater Pipeline LLC have filed an administrative appeal with the Department of Commerce asking the agency to overturn New York regulators’ opposition to the construction of a proposed floating liquefied natural gas (LNG) terminal and associated pipeline to be located in the New York waters of Long Island Sound.
Broadwater Asks Commerce to Override New York’s Objection
Broadwater Energy LLC and Broadwater Pipeline LLC have filed an administrative appeal with the Department of Commerce asking the agency to overturn New York regulators’ opposition to the construction of a proposed floating liquefied natural gas (LNG) terminal and associated pipeline to be located in the New York waters of Long Island Sound.
AES Asks Maryland Circuit Court to Overturn LNG Ban
AES Corp. has filed a complaint in a Maryland circuit court, seeking to overturn a Baltimore County ordinance that bans the construction of liquefied natural gas (LNG) facilities along its part of the Chesapeake Bay.
AES Asks Maryland Circuit Court to Overturn LNG Ban
AES Corp. has filed a complaint in a Maryland circuit court, seeking to overturn a Baltimore County ordinance that bans the construction of liquefied natural gas (LNG) facilities along its part of the Chesapeake Bay.
WVA Judge Upholds Damage Award in Royalty Case
NiSource Inc. has lost an attempt to overturn a $270 million punitive damage award that tops off $134 million in compensatory damages for underpayment of royalties in West Virginia, but the company vows it will fight on. A Roane County, WV judge last Thursday ruled against a motion to set aside the punitive damages portion of the jury verdict that was issued early this year (see NGI, Feb 5).
WVA Judge Upholds Damage Award in Royalty Case
NiSource Inc. has lost an attempt to overturn a $270 million punitive damage award that tops off $134 million in compensatory damages for underpayment of royalties in West Virginia, but the company vows it will fight on. A Roane County, WV judge Thursday ruled against a motion to set aside the punitive damages portion of the jury verdict that was issued in January (see Daily GPI, Jan. 30).