Category Archives: Natural gas

FERC orders grid operators to assure fuel for generators

Saying recent power supply squeezes during cold winter months have indicated that reliability is dependent on adequate fuel availability for generators, the Federal Energy Regulatory Commission Thursday proposed to direct operators of the nation’s…

 

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Venture Global LNG hires Morgan Stanley exec as CEO

Venture Global LNG Inc., which is developing the Calcasieu Pass liquefied natural gas export project in Louisiana, has hired Morgan Stanley Vice Chairman William Wicker to be its chief executive officer. Wicker served as Morgan Stanley’s natural…

 

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UIL stays course on bid to buy Philadelphia Gas Works

Despite adverse action by the city’s council, UIL Holdings Corp. said last week it is not ready to give up on its effort to buy Philadelphia Gas Works, apparently in the hope that the city’s mayor can turn around the council on the sale of the…

 

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DOE grants final approval for Freeport LNG exports

In a decision that gas industry officials hailed as evidence of a quickening pace in approvals of U.S. liquefied natural gas export projects, the Energy Department gave final authorization Friday to Freeport LNG to export 1.8 billion cubic feet per day of gas…

 

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Analyst: TECO willing to take a look at another acquisition

Although the company has not indicated so publicly, TECO Energy’s management could be interested in an additional acquisition of about the same size as New Mexico Gas Co., a top Wall Street analyst said last week. TECO, the parent company of Tampa…

 

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EPA moves to improve oil, gas sector methane reporting

Moving to upgrade the quality of the methane data reported by oil and natural gas companies to the agency’s greenhouse gas reporting program, the Environmental Protection Agency last week issued final rules requiring standardized methane monitoring…

 

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Study: Near-term methane cuts less important to long-term climate strategy

In a new study that may lend support for the overall climate benefits of switching to gas-fired generation even in light of rising methane emissions, researchers reported this week that aggressive efforts to cut emissions of methane and other short-lived…

 

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IPCC urges deep carbon cuts to avoid dire climate impacts

In a stark assessment of the challenge posed by global climate change, a report issued Sunday by an international panel of scientists assembled by the United Nations said that emissions of heat-trapping gases must be slashed by as much as 90 percent by…

 

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Pennsylvania, Ohio governors elected on push to tax gas production

In a potential political game-changer for drillers in two of the nation’s key shale gas fields, Democrat Tom Wolf in Pennsylvania and Republican John Kasich in Ohio both cruised to victory in their gubernatorial races Tuesday by wide margins after…

 

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New York announces new emergency fuel reserves

In an emergency response initiative prompted by the state’s difficult and prolonged recovery from Superstorm Sandy, New York Gov. Andrew Cuomo Wednesday announced the establishment of a strategic fuel reserve at six key locations in upstate New York to…

 

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