The U.S. Forest Service (USFS) plans to propose streamlining environmental reviews and permitting for oil and gas leasing in the forests and grasslands it manages, which it said should lead to expedited leasing decisions.
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New FERC Office of General Counsel Group to Streamline Rehearing Process
FERC on Thursday approved the first pair of items drafted by a recently formed group in the Office of General Counsel (OGC) made up of attorneys dedicated solely to the rehearing process, a first at the Commission.
NGV Innovations Lift Market — But How High?
Differing state and federal environmental regulations, and a lack of political will to streamline them, may retard growth of natural gas vehicles (NGV), but the market continues to push for innovation and growth.
NGV Market Said to Be Stymied by Differing Regulations
Differing state and federal environmental regulations, and a lack of political will to streamline them, could retard growth of natural gas vehicles (NGV) in the transportation fuel market, according to a white paper by the Ben Franklin Shale Gas Innovation and Commercialization Center in Pennsylvania.
Canaport LNG Sale Eyed by Repsol
Spain’s Repsol could opt to sell its 75% stake in the Canaport LNG terminal in Saint John, NB, as part of a plan to refocus operations and streamline its balance sheet, the company confirmed.
Ohio Touts Fractionator, Doubts Cracker
Ohio is a “long shot” for a world class ethane cracker planned for Appalachia, but the state would still benefit if the facility lands anywhere in the region, Ohio Gov. John Kasich said Tuesday.
Industry Brief
The chair of the Railroad Commission of Texas has directed commission staff to look into its existing rules on water recycling in the oil and gas patch. “If we need to streamline our old rules and make amendments where necessary to encourage companies to expand their recycling activities, then that is what we will do,” said Chair Elizabeth Ames Jones. “…[W]e must maintain that hydraulic fracturing can continue to benefit Texas by allowing companies to manage water use and conserve when possible as it relates to this process of energy production.”
Interior Mulls ‘Radically Different’ Method for Oil, Gas Valuation
Responding to President Obama’s call for federal agencies to streamline their regulations, the Interior Department last week said it plans to explore a “simplified market-based approach” for valuing oil and gas to calculate the billions of dollars in royalty payments that are owed each year to the federal government for production on publicly owned onshore and offshore property.
Interior Explores New Royalty Valuation Approach
Responding to President Obama’s call for federal agencies to streamline their regulations, the Interior Department said it plans to explore a “simplified market-based approach” to determine the value of oil and natural gas for royalty purposes.
Senators Call for Interior to Accelerate Permitting Pace in Gulf
A bipartisan group of senators led by Kay Bailey Hutchison (R-TX) and Mary Landrieu (D-LA) introduced a resolution last Wednesday calling on the Interior Department to streamline the reviewing process for shallow and deepwater drilling applications and provide better guidance to producers seeking new permits.