Wednesday, January 8, 2025

D.C. Court Delays Clean Power Plan Hearing by more than Three Months

D.C. court makes rare decision to bypass three-judge panel for Clean Power Plan review In an unusual move, the D.C. Circuit Court of Appeals announced that oral arguments to assess the merits of the EPA’s Clean Power Plan will now take place before a nine-judge panel, bypassing review of challenges by a three-judge panel. The original three-judge panel was scheduled

B.C. premier says it’s time feds approve LNG but denies linkage to oil pipelines

From CTV News: It’s long past time for the federal government to issue environmental permits for a multibillion-dollar liquefied natural gas terminal in Prince Rupert, B.C. Premier Christy Clark said Wednesday while confirming she’s in three-way talks with Ottawa and Alberta over hydro sales. Clark’s demand ups the pressure on the Trudeau Liberals, who have so far avoided hard choices

Russia’s Gazprom expects 2016 rebound in output

From Reuters: Russian gas producer Gazprom will raise production this year but has slowed construction of its Power of Siberia pipeline set to serve China from 2018, Deputy Chairman Vitaly Markelov said on Thursday. Gazprom plans to produce 452.5 billion cubic metres (bcm) of natural gas in 2016, up from 418.5 bcm last year, Markelov said. It plans to increase

Kuwait Says Oil Near $50 Shows OPEC’s Strategy Is Working

From Bloomberg: OPEC’s strategy to defend market share rather than target a price is working as crude gains amid rising demand and declining output from producers including U.S. shale wells, Kuwait’s acting oil minister said. Oil will end the year at $50 a barrel and the market will rebalance in the third or fourth quarter, Anas Al-Saleh said in an

Many natural gas-fired power plants under construction are near major shale plays

From the EIA: Natural gas-fired power generation increased 19% in 2015, because of low natural gas prices, increased gas-fired generation capacity, and coal power plant retirements. EIA’s May 2016 Short-Term Energy Outlook forecasts that this year, natural gas-fired generation will exceed coal generation in the United States on an annual basis. Growth in natural gas-fired generation capacity is expected to

Blackbird Energy Inc. Announces Closing of Financing for Gross Proceeds of $28.8 Million

Blackbird Energy Inc. Announces Closing of Unit and CDE Flow-Through Share Financing, Including Exercise in Full of Over-Allotment Options, for Gross Proceeds of $28.8 Million Blackbird Energy Inc. (“Blackbird” or the “Company”) (TSX VENTURE:BBI) is pleased to announce that it has closed its previously announced marketed public offering of 176,410,000 units (“Units”) of the Company at a price of $0.15