Sponsored

A proposed liquefied natural gas (LNG) project that will be sited in Nova Scotia and is sponsored by Access Northeast Energy Inc. is garnering favorable support from communities located in proximity to the project, a top official with the Nova Scotia energy ministry said on Thursday.

A proposed liquefied natural gas (LNG) project that will be sited in Nova Scotia and is sponsored by Access Northeast Energy Inc. is garnering favorable support from communities located in proximity to the project, a top official with the Nova Scotia energy ministry said last Thursday.

An amendment sponsored by Sen. Dianne Feinstein (D-CA) to regulate the trading of over-the-counter (OTC) energy derivatives was shot down last Wednesday, marking the second defeat for the controversial proposal.

EnergyClear Corp., the first industry-sponsored over-the-counter (OTC) energy derivatives clearinghouse, has been approved for registration as a derivatives clearing organization (DCO) by the Commodity Futures Trading Commission. The registration as a DCO allows the Houston-based company to offer multilateral clearance and settlement of OTC energy trades, initially in the electricity and natural gas markets.

EnergyClear Corp., the first industry-sponsored over-the-counter (OTC) energy derivatives clearinghouse, has been approved for registration as a derivatives clearing organization (DCO) by the Commodity Futures Trading Commission. The registration as a DCO allows the Houston-based company to offer multilateral clearance and settlement of OTC energy trades, initially in the electricity and natural gas markets.

While much is made of gas demand growth fueled by gas-firedpower generation, a study sponsored by the American Gas Foundationsuggests advancing technologies for gas-powered distributedgeneration — namely fuel cells — and gas-powered vehicles willspearhead increased demand.