BP Canada Energy Marketing Co. and Secure Energy Inc. have struck a long-term natural gas sales agreement whereby BP will purchase up to 67 MMcf/d of gas from the proposed Secure Energy Decatur Gasification Plant to be built in Illinois once the plant becomes operational. Secure Energy will have the option to separately sell gas to industrial customers in the Decatur, IL, area for a portion of its production, and BP has agreed to purchase any gas not sold locally. The Decatur plant would convert 1.4 million tons of high-sulfur Illinois coal into more than 20 Bcf of gas each year. The projected plant construction cost is estimated to be $550 million. The plant is expected to be in operation in the summer of 2011.
Struck
Articles from Struck
Appeals Court Vacates EPA’s Prohibition on Local Emissions Limits
In a decision that could affect hundreds of power plants and other sources of air pollution nationwide, a federal appeals court recently struck down an Environmental Protection Agency (EPA) rule preventing states and local governments from imposing stricter emissions-monitoring limits than those set down by federal authorities.
September 1, 2008
Appeals Court Vacates EPA’s Prohibition on Local Emissions Limits
In a decision that could affect hundreds of power plants and other sources of air pollution nationwide, a federal appeals court on Tuesday struck down an Environmental Protection Agency (EPA) rule preventing states and local governments from imposing stricter emissions-monitoring limits than those set down by federal authorities.
August 21, 2008
Baltimore County to Ask Supreme Court to Review LNG Case
Baltimore County plans to file a petition this week with the Supreme Court challenging a federal appeals court ruling that struck down a county zoning ordinance banning the construction of the AES Sparrows Point liquefied natural gas (LNG) terminal near Baltimore, MD, a county spokeswoman said.
August 11, 2008
Baltimore County to Ask Supreme Court to Review LNG Case
Baltimore County plans to file a petition next week with the Supreme Court challenging a federal appeals court ruling that struck down a county zoning ordinance banning the construction of the AES Sparrows Point liquefied natural gas (LNG) terminal near Baltimore, MD, a county spokeswoman said.
August 6, 2008
AGL Resources Hedges Strike Out on High Gas Prices
High natural gas prices have struck again; this time it’s the second quarter earnings of AGL Resources Inc. where the pain will be felt. The company last Thursday warned that Q2 earnings would be hit by pre-tax hedging losses of $53-57 million, or 43-47 cents/share.
July 14, 2008
AGL Resources Warns of Hedging Loss
High natural gas prices have struck again; this time it’s the second quarter earnings of AGL Resources Inc. where the pain will be felt. The company Thursday warned that Q2 earnings would be hit by pre-tax hedging losses of $53-57 million, or 43-47 cents/share.
July 11, 2008
Qatari LNG Heading to China in 25-Year Deal
A sales and purchase agreement struck Thursday among Qatargas, Shell and PetroChina will lead to the long-term supply of liquefied natural gas (LNG) from Qatar to the Chinese market — and that much less available for import to the United States.
April 14, 2008
Qatari LNG Heading to China in 25-Year Deal
A sales and purchase agreement struck Thursday among Qatargas, Shell and PetroChina will lead to the long-term supply of liquefied natural gas (LNG) from Qatar to the Chinese market — and that much less available for import to the United States.
April 14, 2008
Threatened Sage Grouse Catch A Break in Wyoming
A group led by The Conservation Fund has struck a deal to permanently protect 1,042 acres of sage grouse habitat on a working cattle ranch southwest of Daniel, WY, and improve habitat conditions on more than 25,000 acres of adjacent land owned by the Bureau of Land Management (BLM), the fund said Wednesday.
April 7, 2008
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