power

California’s fourth cap-and-trade auction, held in mid-August, sold out once again, reaping more than $275 million on 23.4 million greenhouse gas (GHG) emissions allowances, according to the California Air Resources Board (CARB).

FERC Tuesday approved Dominion Transmission Inc.’s (DTI) application to build and operate facilities in southwestern Pennsylvania to provide 185,000 Dth/d of natural gas to the growing markets in the Northeast and Mid-Atlantic regions.

Cuadrilla Resources Ltd. said it will submit a new planning application to cover flow testing from a conventional horizontal oil exploration well in southern England, but it also acknowledged that protests against hydraulic fracturing (fracking) had caused a “significant level of disruption” in the area.

Carrizo Oil & Gas Inc. is selling its remaining Barnett Shale properties as well as other noncore assets in East Texas and the Marcellus Shale. The move is another step in the company’s pursuit of oilier activities in the Eagle Ford Shale and elsewhere.

An Upstate New York business advocacy group on Tuesday called for state officials to lift the moratorium on unconventional natural gas drilling in the Southern Tier, part of its broad-based prescription to deliver tax relief and stimulate job growth.

Viking Gas Transmission has filed an uncontested settlement that would cut its base rates by 2% and end the nearly year-long investigation by FERC into whether the pipeline over-recovered its costs, resulting in unjust and unreasonable rates for its shippers.

Officials with New Jersey Natural Gas (NJNG), which was the hardest hit of all the natural gas utilities on the East Coast when Superstorm Sandy struck last October, have submitted a plan to the New Jersey Board of Public Utilities (BPU) that is designed to give the distribution infrastructure and its customers greater protection from the next super storm.

American Energy Partners LP, the oil and natural gas venture helmed by Aubrey McClendon, is in a legal battle with an Ohio-based coal miner over the use of the name “American Energy.”

Energy Transfer Partners (ETP) has completed the sale of assets of Missouri Gas Energy (MGE) to Laclede Gas Co., a subsidiary of The Laclede Group, for an estimated $975 million. The transaction positions Laclede to be the largest natural gas distribution company in Missouri, serving more than 1.1 million residential, commercial and industrial customers. MGE is a division of Southern Union Co., a wholly owned subsidiary of ETP.