When

A unit of Occidental Petroleum Corp. (Oxy) has a tentative agreement with Port of Corpus Christi, TX, administrators to acquire a major portion of the former U.S. Naval Station Ingleside. Oxy’s Ingleside Property Holdings LLC would acquire more than 1,200 acres for $82.1 million. Completion of the deal is subject to approval of the Port Corpus Christi commission and the company’s board. “Definitely, Eagle Ford Shale is part of the opportunity that plays into this strategic investment,” Paul Thomas, manager of Oxy Chem’s existing Ingleside, TX, plant told the Corpus Christi Caller Times. An Oxy spokesman would not provide additional information when contacted by NGI’s Shale Daily.

What would you call a lot of natural gas, ready at a moment’s notice? Some might call it a storage facility. Others might call it the Marcellus Shale.

A FERC official last week declined to say when the agency would act on the proposed Sabine Pass Liquefaction LLC liquefied natural gas (LNG) export facilities. If approved by the Federal Energy Regulatory Commission (FERC), Sabine Pass would be the first LNG export terminal in the United States.

A FERC official Tuesday declined to give an indication of when the agency would act on the proposed Sabine Pass Liquefaction LLC liquefied natural gas (LNG) export facilities.

“It would be reasonable” for the Federal Energy Regulatory Commission (FERC) to weigh the public interest of new liquefied natural gas (LNG) export facilities when considering applications, but it might not take that step with applications to modify existing LNG facilities for exportation, according to FERC Commissioner John Norris. Adapting existing facilities “involves minor modifications,” Norris said during testimony before the Senate Energy and Natural Resources Committee, which is considering his renomination to FERC. The committee also heard testimony from Tony Clark, who currently is chairman of the North Dakota Public Service Commission and is being considered to replace former FERC Commissioner Marc Spitzer; Adam Sieminski, chief energy economist for Deutsche Bank, who has been nominated to be Energy Information Administration administrator; and Marcilynn Burke, deputy director for policy and programs at the Bureau of Land Management, who has been nominated to be an assistant secretary of the Department of the Interior.

Long under attack from New Jersey and environmental officials, Spectra Energy got good news Friday when the proposed expansion of its affiliate Texas Eastern Transmission and Algonquin Gas Transmission pipelines received a favorable final environmental impact statement (FEIS) at FERC, which put it one step away from receiving a certificate.

There is no evidence that the Commodity Futures Trading Commission (CFTC) acted in a potentially criminal manner when establishing its position limits rule to curb speculation in energy markets, according to a report of a preliminary investigation conducted by the agency’s Office of Inspector General (OIG).

There is no evidence that the Commodity Futures Trading Commission (CFTC) acted in a potentially criminal manner when establishing its position limits rule to curb speculation in energy markets, according to a report of a preliminary investigation conducted by the agency’s Office of Inspector General (OIG).

When Gov. Tom Corbett approved Act 13 last month, he gave county officials across the state 60 days to impose an annual fee on unconventional gas wells, or to opt-out. With five weeks until the April 14 deadline, almost all of the eligible counties are on the road toward imposing the fee, but the biggest potential hold-out also happens to be the most active county in the Marcellus Shale (see Daily GPI, Feb. 15).