Regulatory

COLUMN: Energy Security is About Diversification and Sound System Management

COLUMN: Energy Security is About Diversification and Sound System Management

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

March 5, 2021
FERC OKs FM100 Natural Gas Project in Pennsylvania to Start Construction

FERC OKs FM100 Natural Gas Project in Pennsylvania to Start Construction

The Federal Energy Regulatory Commission has cleared a National Fuel Gas Co. (NFG) subsidiary to start construction on the FM100 natural gas pipeline expansion and modernization project.  NFG said it would start construction early next month and expects to bring the project online by the end of the year. FM100 would boost natural gas takeaway…

March 1, 2021
After Years of Turmoil, PG&E Looks to New Playbook

After Years of Turmoil, PG&E Looks to New Playbook

Although still under sporadic criticism from regulators, legislators and customers, Pacific Gas and Electric Co. (PG&E) and parent company PG&E Corp. are developing a new playbook, including updated wildfire mitigation plans. CEO Patricia Poppe during a fourth quarter conference call Thursday said the mitigation plans were moving to risk-based from activity-based. They would address the…

February 26, 2021
Wyoming Governor Blasts Interior for Pausing Oil, Gas Permits and Postponing Lease Sale

Wyoming Governor Blasts Interior for Pausing Oil, Gas Permits and Postponing Lease Sale

Wyoming’s revenue could be devastated in the near term by the pause in oil and gas permitting on federal lands, Gov. Mark Gordon warned on Wednesday. In a letter to Acting Interior Secretary Scott de La Vega, Gordon outlined his concerns over Secretarial Order 3395 issued in January regarding the pause in issuing federal permits…

February 22, 2021
U.S. Oil, Natural Gas Permitting Drops 10% in January, but Majors in Permian Record Six-Month High

U.S. Oil, Natural Gas Permitting Drops 10% in January, but Majors in Permian Record Six-Month High

Lower 48 onshore oil and gas permit approvals fell by 10% in January versus December to 1,688, with declines seen across all of the major basins, according to the latest monthly statistics compiled by Evercore ISI. The Permian Basin and Eagle Ford Shale combined to account for 52% of the total permit count, said the…

February 12, 2021
California Democrats Push for More Drilling Oversight, Reduced Natural Gas Use

California Democrats Push for More Drilling Oversight, Reduced Natural Gas Use

A California senator representing the heart of the state’s oil patch has signaled an intent to pursue legislation to enact more oversight on well stimulation techniques. Democratic state Sen. Melissa Hurtado’s intent bill, Senate Bill (SB) 25, indicates the San Joaquin Valley district she represents has many energy industry workers but she wants to protect…

February 8, 2021
Texas Governor Ready to Fight Biden’s ‘Extreme Hostility’ Against Oil, Gas Industry

Texas Governor Ready to Fight Biden’s ‘Extreme Hostility’ Against Oil, Gas Industry

Texas Gov. Greg Abbott has directed state agencies to use the tools in their toolbox to challenge the Biden administration’s actions that threaten the oil and natural gas industry. Abbott last week issued state Executive Order GA-33 that he said is designed to protect the nation’s largest energy state from what he said is federal…

February 1, 2021
New Banking Rule a Win for Oil and Natural Gas Sector, but Biden Administration Likely to Nix It

New Banking Rule a Win for Oil and Natural Gas Sector, but Biden Administration Likely to Nix It

A new federal rule intended to prevent large banks from denying loans to companies in the oil and gas industry and other sectors that have fallen out of favor with some institutional investors because of environmental and social concerns represents a win for energy companies. But it may prove short-lived. The “fair access” rule, finalized…

January 19, 2021
Outgoing Trump Administration Warns of U.S. Economic Disaster if Fracking Banned

Outgoing Trump Administration Warns of U.S. Economic Disaster if Fracking Banned

A ban on hydraulic fracturing, a key technique used to complete unconventional oil and natural gas wells, could reverse U.S. production growth and lead the country backwards to become a net importer once again by as soon as 2025, the outgoing Trump administration warned in a report issued Thursday. The Department of Energy’s (DOE) outgoing…

January 15, 2021
Uncertainty Clouds Future of Canada’s NGTL System

Uncertainty Clouds Future of Canada’s NGTL System

The Canadian natural gas industry faces “a high degree of uncertainty,” according to TC Energy Corp.’s supply collection grid in Alberta and British Columbia (BC), Nova Gas Transmission Ltd. (NGTL). Political and economic risks jeopardize up to C$3 billion ($2.3 billion) of additions that the pipeline network would build if the industry fulfilled its potential,…

December 24, 2020
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