Regulatory

California Regulators Questioned About Electrification’s Impact

California Regulators Questioned About Electrification’s Impact

Three California lawmakers have asked the chief regulator to consider alternatives to electrification that could be more affordable for average and low-income consumers as part of the state’s attempt to decarbonize. Assembly members Jim Cooper, Patrick O’Donnell and Blanca Rubio, who represent working-class areas of Sacramento and Los Angeles counties, told President Marybel Batjer of…

July 28, 2020
BlackRock Manager Says Mexico’s Long-Term Fundamentals Remain Strong Despite Current Turmoil

BlackRock Manager Says Mexico’s Long-Term Fundamentals Remain Strong Despite Current Turmoil

Despite multiple headwinds currently facing Mexico, the long-term fundamentals underpinning the economy remain strong, according to BlackRock Inc.’s Juan Alberto Leautaud, head of Mexico Infrastructure Investment. As an infrastructure investor for the world’s largest asset manager, “I tend to think about the long-term…fundamentals of investments and assets, and in this case, a country,” Leautaud said…

July 27, 2020
DAPL Awaiting Appeals Court Decision on Operations Status

DAPL Awaiting Appeals Court Decision on Operations Status

It’s now a waiting game for the Dakota Access Pipeline (DAPL) after both sides in the oil pipeline’s ongoing legal battle have had their say regarding the motion to stay a lower court’s order to temporarily shut and empty the system. In a filing Thursday (July 23) in the U.S. Court of Appeals for the…

July 27, 2020
Natural Gas, Renewables Transforming Colorado Energy Landscape, EIA Says

Natural Gas, Renewables Transforming Colorado Energy Landscape, EIA Says

Horizontal drilling, hydraulic fracturing and renewable power generation have transformed Colorado’s energy landscape over the last decade, the Energy Information Administration (EIA) said Thursday. Colorado ranked eighth among U.S. states in natural gas gross withdrawals (5.5 Bcf/d) and fifth in oil production (514,000 b/d) in 2019, said researchers led by Brett Marohl. Weld County, north…

July 23, 2020
IEnova’s ECA LNG Project Still Awaiting Mexico Export Permit

IEnova’s ECA LNG Project Still Awaiting Mexico Export Permit

The Energía Costa Azul (ECA) natural gas export project in Mexico’s Baja California is still waiting on an export approval, Infraestructura Energética Nova (IEnova) executives said Thursday. During a second quarter earnings call, the commitment to the project was reiterated, but there was no fixed date set for when the company expected the export permit…

July 23, 2020
Colorado’s Boulder County Extends Moratorium on Oil, Gas Permitting to End of Year

Colorado’s Boulder County Extends Moratorium on Oil, Gas Permitting to End of Year

Colorado’s Board of County Commissioners (BOCC) for Boulder County has extended the existing moratorium on accepting and processing new oil and gas development applications and on seismic testing to December 31. The moratorium was put in place to give BOCC staff time to review and update the county’s oil and gas regulations in light of…

July 17, 2020
Mexico’s Energy Ministry Gives Talos, Pemex 120 Days to Hammer Out Details on Offshore Zama Field

Mexico’s Energy Ministry Gives Talos, Pemex 120 Days to Hammer Out Details on Offshore Zama Field

Mexico’s Energy Ministry (Sener) has ordered the unification of the Zama discovery offshore Mexico and has given Houston-based exploration and production company Talos Energy Inc. and Mexican state company Petróleos Mexicanos (Pemex) 120 days to come up with terms of how to carry out joint development of the field. In May, Mexico upstream regulator Comisión…

July 9, 2020
Energy Transfer Not Yet Shutting Down Dakota Access Crude Pipeline as it Renews Stay Request

Energy Transfer Not Yet Shutting Down Dakota Access Crude Pipeline as it Renews Stay Request

Energy Transfer LP has “not yet taken any steps to begin shutting down” the Dakota Access pipeline (DAPL) in light of an order by the U.S. District Court for the District of Columbia to temporarily halt operations and empty the 1,172-mile crude oil pipeline while an environmental impact statement (EIS) is completed. Instead, lawyers for…

July 9, 2020
Bakken Producers Scramble to Prepare for Life Without DAPL

Bakken Producers Scramble to Prepare for Life Without DAPL

Producers in North Dakota’s Bakken Shale play are beginning to come to grips with operating without the Dakota Access Pipeline (DAPL) that is now under court order to shut down and be drained by early August. The immediate challenges are how to move up to 300,000 b/d to Gulf Coast refineries, and longer term up…

July 8, 2020
Northeast Natural Gas Infrastructure Woes Continue As Dominion Scuttles ACP, Sells Transmission, Storage Assets for $9.7B

Northeast Natural Gas Infrastructure Woes Continue As Dominion Scuttles ACP, Sells Transmission, Storage Assets for $9.7B

Dominion Energy closed out the holiday weekend with two bombshell announcements, disclosing Sunday that it is selling its natural gas transmission and storage assets to an affiliate of Warren Buffett’s Berkshire Hathaway Inc. in a transaction valued at $9.7 billion. It also has decided, along with joint-venture partner Duke Energy, to cancel the 600-mile, 1.5…

July 6, 2020
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