Talks

The Pennsylvania General Assembly won’t tackle a tax or fee on Marcellus Shale development during budget talks this summer, but will most likely return to the topic in the fall.

The disputed dollar impacts are sufficiently large and the deficit reduction talks equally intense so a full range of federal energy subsidies need to be debated by Congress and others, according to a white paper issued recently by the Washington DC-based Environmental and Energy Study Institute (EESI) which generally supports renewable energy.

Encana Corp., Canada’s No. 1 natural gas producer, on Tuesday said it has ended talks with a subsidiary of PetroChina International Ltd. to jointly develop a gassy Cutbank Ridge leasehold, which straddles the borders of northeast British Columbia (BC) and northwest Alberta.

Encana Corp. CEO Randy Eresman said Tuesday talks have ended with a subsidiary of PetroChina International Ltd. over a proposed joint venture (JV) to tap natural gas in the Cutbank Ridge region of northeast British Columbia (BC) and northwest Alberta.

With congressional budget talks at an apparent standstill and a government shutdown looming at press time Friday, the Commodity Futures Trading Commission (CFTC) and other federal agencies were preparing to operate in an essential operations-only scenario, while the Federal Energy Regulatory Commission said it would conduct business as usual — at least temporarily.

With congressional budget talks at an apparent standstill and a government shutdown looming, FERC and other federal agencies are preparing to operate in an essential operations-only scenario.

Quicksilver Energy LP of Fort Worth, TX, and the members of the Darden family — including CEO Glenn Darden and Chairman Thomas Darden — have scrapped talks of a buyout that would have taken the company private, they said Thursday.

Cheniere Energy Partners LP unit Sabine Pass Liquefaction LLC is in talks with Sumitomo Corp. to provide up to 1.5 million metric tons/year of processing capacity at the Sabine Pass LNG terminal in Cameron Parish, LA. Sabine Pass is seeking to add liquefaction capability at the terminal for liquefied natural gas (LNG) export from the United States and has announced nonbinding discussions with several parties for capacity (see Daily GPI, Jan. 21). Sumitomo is an integrated trading and investment company based in Tokyo.

Cheniere Energy Partners LP subsidiary Sabine Pass Liquefaction LLC is in talks with EDF Trading for it to contract between 0.7 and 1.5 million metric tons per year of bidirectional processing capacity at the Sabine Pass LNG terminal in Cameron Parish, LA, Cheniere said Thursday.