Projects

LNG Imports More Profitable than ‘Frontier’ E&P

While there are “ample” natural gas reserves throughout North America, the cost of developing “frontier” projects is substantially greater than importing additional quantities of LNG from Trinidad, South America, Africa, the Middle East and Australia, the Zeus Development Corp. said.

July 12, 2001

TransCanada Projects A Less-Than-Full Future

Gas suppliers and buyers got what they wanted north of the U.S. border and a truly competitive market in delivery services is at hand, TransCanada PipeLines Ltd. told the National Energy Board. TransCanada predicts that within five years, two-thirds of its long-distance capacity for 7.5 Bcf/d will be sold the same way as most of the gas in its lines, on short contracts. “The traditional regulatory compact,” which kept the system reliably full on long service contracts, “has been dismantled” by allowing rivals to build new capacity.

June 25, 2001

El Paso Moves Forward on California Expansion Projects

Encouraged by the results of recent market tests, El Paso Natural Gas announced two binding open seasons last week for 400-500 MMcf/d of firm transportation capacity on a bi-directional lateral it plans to add to its system within California. It also plans to announce soon additional binding open seasons to expand its mainline.

June 25, 2001

TransCanada Projects A Less-Than-Full Future

Natural-gas suppliers and buyers got what they wanted north of the U.S. border–a truly competitive market in delivery services is at hand, TransCanada PipeLines Ltd. has told the National Energy Board. TransCanada predicts that within five years, two-thirds of its long-distance capacity for 7.5 Bcf/d will be sold the same way as most of the gas in its lines, on short contracts. “The traditional regulatory compact,” which kept the system reliably full on long service contracts, “has been dismantled” by allowing rivals to build new capacity.

June 25, 2001

El Paso Moves Forward on California Expansion Projects

Encouraged by the results of recent market tests, El Paso Natural Gas announced two binding open seasons yesterday for 400-500 MMcf/d of firm transportation capacity on a bi-directional lateral it plans to add to its system within California. It also plans to announce soon additional binding open seasons to expand its mainline.

June 20, 2001

DOE Asks National Petroleum Council for Multiple Studies

A study of North American natural gas markets topped the wish list of 11 potential study projects proposed by the Energy Department (DOE) for the National Petroleum Council (NPC) at the council’s annual meeting last Wednesday in Washington.

June 11, 2001

DOE Asks NPC for Multiple Studies

A study of North American natural gas markets topped the wish list of 11 potential study projects proposed by the Energy Department (DOE) for the National Petroleum Council (NPC) at the council’s annual meeting Wednesday in Washington.

June 7, 2001

Mackenzie, Beaufort Pipe Projects to Draft Plan

The Mackenzie Valley and Beaufort offshore pipeline proposals got a slight push forward last week following two days of meetings with all of those responsible for regulating energy developments in the Northwest Territories. The agreement, coordinated by the National Energy Board, would set up a draft framework for a single environmental assessment process to review the proposals.

May 28, 2001

Mackenzie, Beaufort Pipe Projects to Draft Plan

The Mackenzie Valley and Beaufort offshore pipeline proposals got a slight push forward this week following two days of meetings with all of those responsible for regulating energy developments in the Northwest Territories. The agreement, coordinated by the National Energy Board, would set up a draft framework for a single environmental assessment process to review the proposals.

May 25, 2001

Edison Cuts Dividend, Projects

Edison International has eliminated its fourth quarter dividendand subsidiary Southern California Edison has dropped $100 millionin electric system operations and maintenance investments affecting400 jobs to help ease its financial crisis.

December 26, 2000