Backing up its preliminary winter 2006-2007 forecasts from October (see Daily GPI, Oct. 11; Oct. 23), meteorologists at the National Oceanic and Atmospheric Administration (NOAA) on Thursday reiterated once again that this season is likely to be warmer than the 30-year norm (1971-2000) across much of the nation, yet cooler than last year’s very warm winter season. If the forecast holds up, natural gas and power prices during this heating season could soften.
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Shell, MMS Reach Preliminary Deal on Royalty-Free Leases
Shell confirmed last week that it reached a preliminary agreement with the Interior Department’s Minerals Management Service (MMS) to add price thresholds and pay royalties on oil and natural gas production stemming from the flawed 1998 and 1999 Gulf of Mexico deepwater leases when the price ceilings are exceeded.
Shell, MMS Reach Preliminary Pact on Royalty-Free Leases
Shell confirmed that it has reached a preliminary agreement with the Interior Department’s Minerals Management Service (MMS) to add price thresholds and pay royalties on oil and natural gas production stemming from the flawed 1998 and 1999 Gulf of Mexico deepwater leases when the price ceilings are exceeded.
Canadian Gas Producers Fight Pipe Conversion to Oil
Forecasts of Canadian gas supply declines are being exaggerated by an industry faction following an oil agenda, say opponents of a plan to convert part of the TransCanada PipeLines system to oil service.
Canadian Gas Producers Fight Pipe Conversion to Oil
Forecasts of Canadian gas supply declines are being exaggerated by an industry faction following an oil agenda, say opponents of a plan to convert part of the TransCanada PipeLines system to oil service.
NTSB Reports Pipe-Related Fatalities Dipped in 2005
Overall transportation fatalities in the United States rose in 2005, but pipeline-related deaths fell, according to preliminary figures released last Wednesday by the National Transportation Safety Board (NTSB).
FERC Gives Initial Nod to REX-West Leg of Rockies Express Line
With one commissioner calling it the “king of pipelines,” FERC last Thursday issued a favorable preliminary determination (PD) on nonenvironmental issues for the second leg of Rockies Express Pipeline LLC’s proposed $4 billion 1,663-mile mega-pipeline project that would transport Rocky Mountain natural gas to Midwest and Northeast markets.
FERC Gives Initial Nod to REX-West Leg of Rockies Express Line
With one commissioner calling it the “King of pipelines,” FERC on Thursday issued a favorable preliminary determination (PD) on nonenvironmental issues for the second leg of Rockies Express Pipeline LLC’s proposed $4 billion 1,663-mile mega-pipeline project that would transport Rocky Mountain natural gas to Midwest and Northeast markets.
NTSB Reports Pipe-Related Fatalities Dipped in 2005
Overall transportation fatalities in the United States rose in 2005, but pipeline-related deaths fell, according to preliminary figures released Wednesday by the National Transportation Safety Board (NTSB).
Lead Plaintiff in Enron Lawsuit Not Expected to Pursue Lay Estate
As the legal community discussed the court-related impact of Kenneth Lay’s death early Wednesday, a preliminary autopsy on the Enron founder concluded that clogged arteries were the cause of death. Prevailing legal opinion is that his death will wipe Lay’s slate clean in the eyes of the law. History will determine the rest.