Wednesday

Murkowski, Landrieu Propose Bill to Share Offshore Energy Revenue

Sens. Mary Landrieu (D-LA) and Lisa Murkowski (R-AK), who represent major offshore oil and natural gas producing states, are expected to introduce legislation Wednesday aimed at capturing a greater share of the revenues for the coastal states.

March 20, 2013

California Fracking Draws Boost from Governor, Study

As a formal set of proposed rules on hydraulic fracturing (fracking) moves through preliminary public review in California, Gov. Jerry Brown last Wednesday expressed confidence that his state’s oil and gas regulators would apply “science and common sense” to frack regulations.

March 19, 2013

BP May Bid in Central GOM Lease Sale

Even though it was suspended from obtaining new federal contracts, BP plc will be allowed to bid in the Gulf of Mexico (GOM) Central Lease Sale 227 on Wednesday (March 20), the Department of Interior said.

March 18, 2013

U.S. Fish and Wildlife Service Extends Sage Grouse Comment Period

Noting that it wants to give the public an adequate opportunity to review and comment, the Interior Department’s U.S. Fish and Wildlife Service (FWS) said Wednesday that it is extending the public comment period on two proposed rules: to list as endangered the gunnison sage grouse, which is found south of the Colorado River in Colorado and Utah, and to designate 1.7 million acres of critical habitat for the bird under the Endangered Species Act (ESA).

March 14, 2013

Questar Gets Green Light to Serve UT Power Plant Expansion

FERC Wednesday approved Questar Pipeline Co.’s application to build the ML 41 Project on its transmission system in order to provide high-pressure deliveries of natural gas for an expansion of a PacificCorp-owned and operated power generation plant in Utah.

March 14, 2013

Senators Want Info on Pipeline Rate Over-Recoveries

Sen. Ron Wyden (D-OR), chairman of the Senate Energy and Natural Resources Committee, and ranking member Lisa Murkowski (R-AK) sent a letter last Wednesday to FERC asking that it provide more detailed information about the Section 5 complaint investigations that were initiated in past years into allegations that certain interstate gas pipelines were charging unjust and unreasonable rates.

March 11, 2013

Senators Seek Information on Pipeline Rate Over-Recoveries

Sen. Ron Wyden (D-OR), chairman of the Senate Energy and Natural Resources Committee, and ranking member Lisa Murkowski (R-AK) sent a letter Wednesday to FERC asking that it provide more detailed information about Section 5 complaint investigations that it initiated in past years into allegations that certain pipelines are charging unjust and unreasonable rates.

March 8, 2013

GM CEO Urges 30-Year Blueprint for U.S. Energy

The chief of General Motors (GM) on Wednesday urged President Obama to appoint a blue ribbon committee whose only goal would be to develop a 30-year energy policy plan for the United States.

March 8, 2013

BP CEO: Talk of Peak Oil Ends, Challenges Remain

The global energy business is for the optimistic, those unafraid of facing challenges and taking risks, and it will forever be so, BP plc Group CEO Bob Dudley said Wednesday before a crowd at IHS CERAWeek 2013 in Houston.

March 7, 2013

Senate Republicans Offer Broad Energy Bill

Comprehensive energy legislation proposed by Senate Republicans last Wednesday seeks to open all federal waters to oil and natural gas leasing, expand revenue sharing between the federal government and coastal states, open the Arctic National Wildlife Refuge (ANWR) to production and bar the Environmental Protection Agency (EPA) from regulating carbon dioxide (CO2) emissions.

March 4, 2013