Pinnacle Midstream II LLC has sanctioned a new-build natural gas gathering and compression system in the Permian Basin anchored by a 15-year gathering, processing and purchasing agreement with Doublepoint Energy LLC. The Dos Picos gathering system in the Midland sub-basin of West Texas is expected to enter service in the second quarter of 2021, Pinnacle…
Sanction
Articles from Sanction
Global Oil, Gas Demand Seen Peaking Sooner, Lower Because of Covid-19
Concerns about peak oil demand and stranded assets may curtail the energy industry’s appetite for sanctioning projects with long lead times, according to Raymond James & Associates Inc. The analyst team led by Pavel Molchanov in a note to clients on Monday said forecasting the peak of global oil demand is unsure “but suffice it…
Hoecker Seeks Sanction Of Recess Appointment
Senate Majority Leader Trent Lott (R-MS) reportedly has refusedto sign off on a presidential recess appointment that would enableFERC Chairman James J. Hoecker to stay on at the Commission foranother year until the end of the 2001 congressional session,according to industry sources in Washington.
Hoecker Seeks Sanction of Recess Appointment
Senate Majority Leader Trent Lott (R-MS) reportedly has refusedto sign off on a recess appointment that would enable FERC ChairmanJames J. Hoecker to stay on the Commission for another year untilthe end of the 2001 congressional session, according to industrysources in Washington.