The U.S. government Tuesday agreed to pay $3.4 billion to settle long-standing claims that it mismanaged revenue in American Indian trust funds, including revenue raised through natural gas and oil drilling.
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Avista Abandons Plans for Holding Company
For lack of state regulatory approval in Oregon, one of three states in which it operates, Spokane, WA-based Avista Corp. has abandoned long-standing plans to establish a holding company. The Avista board of directors last Thursday decided to throw in the towel, despite receiving nearly all of the needed state and federal approvals.
Washington Gas Delays LNG Storage Plans
Long-standing plans to site a $159 million liquefied natural gas (LNG) storage plant to help meet gas peak loads have hit another bump, driving back the projected start date for the Washington Gas Light Co. distribution utility’s proposed facility to the winter of 2013-14, said incoming CEO Terry McCallister.
Washington Gas Delays LNG Storage Plans
Long-standing plans to site a $159 million liquefied natural gas (LNG) storage plant to help meet gas peak loads have hit another bump, driving back the projected start date for the Washington Gas Light Co. distribution utility’s proposed facility to the winter of 2013-14, said incoming CEO Terry McCallister.
California Sues Bush Administration on Endangered Species Rules
Alleging that long-standing endangered species protections are being “gutted,” California Attorney General Edmund G. Brown last Monday filed a federal lawsuit seeking to stop new rules by the Departments of Interior and Commerce that were made final Dec. 16 and would allegedly eliminate the mandate for scientific review of federal agency decisions that might affect endangered species.
California Sues Bush Administration on Endangered Species Rules
Alleging that long-standing endangered species protections are being “gutted,” California Attorney General Edmund G. Brown has filed a federal lawsuit seeking to stop new rules by the Departments of Interior and Commerce that were made final Dec. 16 and would allegedly eliminate the mandate for scientific review of federal agency decisions that might affect endangered species.
Excelerate Pursuing Floating Liquefaction
Excelerate Energy’s niche in the natural gas supply chain puts it in good standing as it attempts to carve out a place in the emerging world of floating natural gas liquefaction, or floating LNG (FLNG), Anthony Schiller, Excelerate director of upstream development, told NGI.
Excelerate Energy Pursuing Floating Liquefaction Opportunities
Excelerate Energy’s niche in the natural gas supply chain puts it in good standing as it attempts to carve out a place in the emerging world of floating natural gas liquefaction, or floating LNG (FLNG), Anthony Schiller, Excelerate director of upstream development, told NGI.
National Grid-KeySpan Merger Approved by New Hampshire PUC
Only one regulatory hurdle remains standing in the way of the proposed merger of National Grid and KeySpan Corp. following the approval of the New Hampshire Public Utilities Commission (PUC), officials from the two companies said last Monday.
House Efforts to Overturn Moratorium Fail; Senate OKs Inventory Funds
The congressional moratorium on oil and natural gas drilling off the East and West Coasts will remain in effect for at least another year. All efforts in the House last week to overturn the 25-year-old ban were defeated. But some headway was made in the Senate, where funding was approved to carry out an inventory of oil and natural gas resources in the eastern Gulf of Mexico.