Regulatory

The Federal Energy Regulatory Commission has cleared Enbridge Inc. subsidiary Texas Eastern Transmission LP (Tetco) to start service on the Venice Extension pipeline project that would serve the Plaquemines LNG export facility under construction in Louisiana.  The Venice Extension would expand the Tetco system with a new three-mile, 36-inch diameter pipeline in Louisiana to move…

NO. 1: The Biden administration has rejected a proposal from House Speaker Mike Johnson (R-LA) to tie a national security package to a temporary pause on new LNG export authorizations.  Johnson reportedly wanted to advance aid for Ukraine and Israel in exchange for lifting the pause imposed in January by the Biden administration. The administration…

The nearshoring trend holds big potential for energy demand in Mexico, though numerous factors could hinder the country’s ambitions as a haven for big business relocation, according to new research published by Rice University’s Baker Institute for Public Policy.  Nearshoring refers to companies moving their production and supply chains from China to North America –…

The U.S. Department of the Interior’s Bureau of Land Management (BLM) has finalized a rule designed to curb methane pollution from oil and natural gas production on federal and Tribal lands, in part by collecting royalty payments on flared gas. The Waste Prevention, Production Subject to Royalties, and Resource Conservation rule, which was proposed in…

Natural gas trade associations and LNG project developers could be forced to rely on the courts or Congress for a swift end to the U.S. Department of Energy’s (DOE) pause on new export authorizations after the agency closed the door on revisiting its decision. At the end of March, DOE issued two denials of requests…

Natural gas and oil lease sales in the Gulf of Mexico (GOM) should continue, but there’s room for wind development, as well as carbon capture and sequestration (CCS), according to exploration and production (E&P) companies.  Both supporters and opponents of federal leasing in the offshore made their comments on the national leasing program, published late…

U.S. regulators were well within their rights to grant extensions to natural gas projects, a federal appeals court found. FERC’s decision to extend the construction deadlines for projects being undertaken by National Fuel Gas Supply Co. and Cheniere Energy Inc. “were not arbitrary and capricious,” the U.S. Court of Appeals for the DC Circuit ruled…

Think U.S. natural gas consumption is declining? Think again. In some parts of the country, efforts to stem the growth of natural gas have gone askew, a signal that the future of the abundant, low-carbon fuel may not be in jeopardy. The fact is, consumers like natural gas, American Gas Association (AGA) CEO Karen Harbert…

Weak natural gas prices are weighing on the minds of oil and gas executives, but the outlook is not all bearish, according to a new survey by the Federal Reserve Bank of Dallas, aka the Dallas Fed. “Natural gas is currently pricing at or below costs of production,” said one respondent from an exploration and…