Infrastructure

One day after announcing it would offer 51 million shares of common stock, Columbia Pipeline Group. Inc. (CPGX) hit the gas Wednesday and said it was expanding the offering to 71.5 million shares, a move that appears meant to allay financial analysts’ doubts that the company can fund billions of midstream investments in 2016.

A draft update to New Jersey’s 2011 Energy Master Plan (EMP) credits natural gas with helping to drive down the state’s energy costs.

A portion of the decades-old and underutilized High Island Offshore System (HIOS) in the Gulf of Mexico (GOM) could live again as a component of Delfin LNG LLC’s proposed deepwater floating liquefied natural gas (LNG) export facility, which could be the nation’s first such facility.

The latest ranking of the top 20 natural gas pipeline capacity traders by volume from Capacity Center includes an upset in the top position as well as the departure of seven companies from the ranking. Deals have increased in duration, and there is more concentration in the sector, too, the firm said.

Kinder Morgan Inc. (KMI) and Brookfield Infrastructure Partners LP have agreed to pay $242 million for the 53% equity interest in Natural Gas Pipeline Company of America LLC that they don’t already own.

The next move to widen the natural gas freeway for imports into Canada from the United States began Tuesday when Spectra Energy’s Union Gas called for bids to increase traffic on its share of the route.

With world leaders gathered in Paris to address climate change, FERC Commissioner Tony Clark told members of Congress Tuesday that the demands of current proposed carbon regulations could outpace the development of natural gas and electric infrastructure needed to maintain reliability in a changing energy grid.

Three coalitions of municipal officials have petitioned the Federal Energy Regulatory Commission to consider the plethora of proposed projects to carry natural gas into New England, urging FERC to consolidate the review process for five projects to determine whether all are needed.

California officials are encouraging alternative fuel fleets, including those switching to renewable natural gas (RNG), to take advantage of the low carbon fuel standard (LCFS) and cap-and-trade program created under the state’s 2006 climate change law (AB 32).