Scrapped

Quicksilver Energy LP of Fort Worth, TX, and the members of the Darden family — including CEO Glenn Darden and Chairman Thomas Darden — have scrapped talks of a buyout that would have taken the company private, they said Thursday.

Plans for the MapleLNG liquefied natural gas (LNG) terminal, which was to be built east of Halifax, NS (see NGI, March 5, 2007), have been scrapped, the project’s backer said. And a Texas LNG terminal project backed by the same parent of MapleLNG appears to be dead in the water, too.

Plans for the MapleLNG liquefied natural gas (LNG) terminal, which was to be built east of Halifax, NS (see Daily GPI, March 10, 2008), have been scrapped, the project’s backer told local news media. And a Texas LNG terminal project backed by the same parent of MapleLNG appears to be dead in the water, too.

Senate Majority Leader Harry Reid (D-NV) last Thursday scrapped plans to move forward with a broad-based climate and energy bill, but said he planned to bring to the floor a “narrower bill,” minus the controversial cap-and-trade element, before the Aug. 6 recess.

A proposed severance tax on natural gas extraction and a now-scrapped moratorium on drilling on state lands have helped to line the pockets of some Pennsylvania politicians with gas industry dollars, liberal watchdog group Common Cause said in a report on campaign contributions and lobbying by the industry.

A proposed severance tax on natural gas extraction and a now-scrapped moratorium on drilling on state lands have helped to line the pockets of some Pennsylvania politicians with gas industry dollars, liberal watchdog group Common Cause said in a report on campaign contributions and lobbying by the industry.

Australia’s Woodside Petroleum has scrapped plans to build a 1 Bcf/d liquefied natural gas (LNG) import terminal off the Southern California coast because of “changed energy market conditions.”

Australia’s Woodside Petroleum has scrapped plans to build a 1 Bcf/d liquefied natural gas (LNG) import terminal off the Southern California coast because of “changed energy market conditions.”

Efforts to revive an inquiry into over-recovery of fuel costs by interstate natural gas pipelines, which FERC scrapped in late 2008 to the dismay of shippers, could resurface this year depending on a change in the makeup of the Federal Energy Regulatory Commission under the Obama administration.