Sought

Swift approval is being sought for an application by TransCanada Corp. to transfer jurisdiction over Alberta’s gas-gathering pipeline web to the National Energy Board (NEB) before the province has time to change its mind about allowing the historic switch without putting up a fight.

Swift approval is being sought for an application by TransCanada Corp. to transfer jurisdiction over Alberta’s gas-gathering pipeline web to the National Energy Board (NEB) before the province has time to change its mind about allowing the historic switch without putting up a fight.

The U.S. Supreme Court last Monday rejected an appeal by the New York Mercantile Exchange (Nymex) that sought to prevent competing IntercontientalExchange (ICE) from using Nymex settlement prices for oil and natural gas futures.

The U.S. Supreme Court Monday rejected an appeal by the New York Mercantile Exchange (Nymex) that sought to prevent competing IntercontientalExchange (ICE) from using Nymex settlement prices for oil and natural gas futures.

The gas industry’s own version of Manifest Destiny continued to unfold Tuesday as the companies behind two Rockies-related pipeline projects sought permission from FERC to place facilities into service.

ConocoPhillips said Friday it was submitting a proposal for the long-sought natural gas pipeline to move Alaska’s abundant supplies to markets in Canada and the Lower 48. However, BP, another third of the Alaska North Slope producer troika, said it would not submit a proposal.

ConocoPhillips said Friday it was submitting a proposal for the long-sought natural gas pipeline to move Alaska’s abundant supplies to markets in Canada and the Lower 48. However, BP, another third of the Alaska North Slope producer troika, said it would not submit a proposal.

Alaska Senate lawmakers late last Thursday passed a bill to raise the state’s tax on oil and natural gas producers from 22.5% to 25% of net profits, an increase sought by Gov. Sarah Palin. The Senate vote followed one in the House the preceding Sunday approving a similar bill with the same increase.

Alaska Senate lawmakers late Thursday passed a bill to raise the state’s tax on oil and natural gas producers from 22.5% to 25% of net profits, an increase sought by Gov. Sarah Palin. The Senate vote follows one in the House last Sunday approving a similar bill with the same increase.