Citing revenue increases of 1-3% more than cash royalties, Secretary of the Interior Gale Norton announced a significant expansion of the government’s royalty-in-kind (RIK) program that calls for the Minerals Management Service (MMS) to be accepting and remarketing about 1.3 Bcf/d of its natural gas royalties by 2009.
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DOE Forms Multi-Agency Work Group to Tackle Gas Supply Problem
Energy Secretary Spencer Abraham said Wednesday that DOE is teaming up with FERC, EPA, the Department of Homeland Security, and the Commerce, Interior and Agriculture departments in a new interagency group that will develop recommendations on how to increase domestic natural gas supply and promote energy efficiency.
DOE Forms Multi-Agency Work Group to Tackle Gas Supply Problem
Energy Secretary Spencer Abraham said Wednesday that DOE is teaming up with FERC, EPA, the Department of Homeland Security, and the Commerce, Interior and Agriculture departments in a new interagency group that will develop recommendations on how to increase domestic natural gas supply and promote energy efficiency.
MMS Royalty Revenue Pay-out to States Increases 46%
Interior Secretary Gale Norton announced that 36 states received more than $1 billion during 2003 as part of their share of royalty revenues collected by the Department’s Minerals Management Service (MMS). In 2002, the MMS doled out $753 million.
MMS Royalty Revenue Pay-out to States Increases 46%
Jumping up almost 46% from 2002, Secretary of the Interior Gale Norton announced Tuesday that 36 states received more than $1 billion during 2003 as part of their share of royalty revenues collected by the Department’s Minerals Management Service (MMS). In 2002, the MMS doled out $753 million.
Western Governors to Hold North American Energy Summit in April
With the former Clinton Administration energy secretary, now New Mexico Gov. Bill Richardson, as its current chairperson, the Western Governors Association (WGA) announced Friday in will be hosting a North American Energy Summit April 14-16 in Albuquerque, NM.
Interior’s Norton Doubts More OCS Access Ahead; Moves to Cut Drilling Permit Backlog
Interior Secretary Gale Norton had good and bad news for the natural gas industry last Tuesday. She said the department plans to take steps to speed up the permitting process for natural gas producers in the Rocky Mountain region, but she doused any flickering hope that producers might have about being given access to the off-limit regions of the Outer Continental Shelf (OCS) amid the concerns about gas supply and prices.
Interior’s Norton Doubts More OCS Access Ahead; Moves to Cut Drilling Permit Backlog
Interior Secretary Gale Norton had good and bad news for the natural gas industry Tuesday. She said the department plans to take steps to speed up the permitting process for natural gas producers in the Rocky Mountain region, but she doused any flickering hope that producers might be given access to the off-limit regions of the Outer Continental Shelf (OCS) amid the concerns about gas supply and prices.
Bush Administration to Sponsor Global LNG Summit Later This Year
As a follow-up to the natural gas summit in June, Energy Secretary Spencer Abraham said last week the Bush administration plans to sponsor a “Global Liquefied Natural Gas Summit” in the United States later this year, inviting countries that use LNG as an energy resource. The date and location of the conference were not announced.
Bush Administration to Sponsor Global LNG Summit Later in the Year
As a follow-up to the natural gas summit in June, Energy Secretary Spencer Abraham said Tuesday the Bush administration plans to sponsor a “Global Liquefied Natural Gas Summit” in the United States later this year, inviting countries that use LNG as an energy resource. The date and location of the conference was not revealed.