FERC – Oil & Gas 360

US regulators approve Louisiana LNG plant over climate objections

June 27, 2024

BOE Report Federal regulators on Thursday approved a Louisiana liquefied natural gas project that has been a lightning rod for environmental activists and a litmus test for the Biden administration’s energy policies. The Federal Energy Regulatory Commission voted 2-1 to allow construction and operation of the Calcasieu Pass 2 LNG plant and a related, 85-mile-long (137 km) pipeline. The multi-billion-dollar

U.S. wants Venture Global to explain confidentiality of its LNG project

March 14, 2024

Oil Price The Federal Energy Regulatory Commission (FERC) has asked U.S. liquefied natural gas exporter Venture Global LNG to justify why it keeps details of its Calcasieu Pass LNG facility confidential, weeks after customers including BP complained that the U.S. LNG seller had not been transparent about the status of its Louisiana plant. BP, along with Shell, Repsol, Eni, and Edison, became

Emissions pressure turns oil drillers into grid drainers

January 31, 2024

Oil Price Something strange is happening in the U.S. oil patch. Oil drilling—an activity that has always been energy-intensive—has turned into a massive drain on the grid. The trend is an ironic twist to the U.S. grid problem, which is how to accommodate soaring demand for electricity in a non-inflatable grid. Last November, the North American Reliability Corp. warned that blackouts could

FERC greenlights Tellurian’s $1.4 billion natural gas pipeline project in Louisiana

April 26, 2023

World Oil (WO) – Tellurian Inc. announced that the U.S. Federal Energy Regulatory Commission (FERC) issued the certificate on April 21, 2023 granting authorization for Driftwood Pipeline, LLC’s Line 200 and Line 300, an approximate $1.4 billion natural gas transmission project proposed to be located in Beauregard and Calcasieu Parishes, Louisiana. The pipelines will have the ability to supply up

API: FERC policy changes would cause uncertainty and hamper LNG export, reliability goals

May 26, 2022

World Oil The American Petroleum Institute (API) filed reply comments to the Federal Energy Regulatory Commission (FERC) addressing the assertions of other commenters and continuing to express concerns that the commission’s two revised policy statements would chill investment in critical natural gas infrastructure. Increasing regulatory uncertainty and permitting delays, these policy changes directly conflict with FERC’s mandate to ensure a

U.S. approves Enable’s proposed Louisiana Gulf Run natgas pipeline

June 2, 2021

Reuters The U.S. Federal Energy Regulatory Commission (FERC) approved U.S. energy company Enable Midstream Partners LP’s request to build the Gulf Run natural gas pipeline in Louisiana, according to a filing made available on Wednesday. But in what has become a recurring theme in pipeline approvals, the FERC Commissioners differed on how the Commission should consider greenhouse gas emissions from

Biden names Democrat Glick to chair energy regulatory panel

January 21, 2021

Reuters WASHINGTON – U.S. President Joe Biden on Thursday named Richard Glick, a Democrat, to chair the Federal Energy Regulatory Commission, where he could eventually lead the panel to consider lowering barriers for emerging clean energy technologies. Glick was appointed by former President Donald Trump to the commission in August, 2017. Before that he was general counsel for Democrats on

FERC rules clean energy must pay higher market price in New York

February 21, 2020

Reuters The Federal Energy Regulatory Commission on Thursday issued a suite of orders that will require subsidized energy storage and renewable power resource providers to meet a price floor in New York state’s capacity market, making it harder for them to compete with fossil fuel plants. The move, which environmental groups said effectively bolsters fossil fuel generators by forcing renewable

Opponents inch closer to filing lawsuit over Port of Brownsville LNG terminal

January 27, 2020

Houston Chronicle Environmentalists and other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are one step closer to filing a federal lawsuit after losing one of their requests to have permits for the projects decisions reconsidered. Over the past week, the Federal Energy Regulatory Commission tabled requests filed by the Sierra Club, Texas RioGrande

McNamee, longtime Texas GOP attorney, will step down from FERC

January 23, 2020

Houston Chronicle WASHINGTON – Bernard McNamee, a former advisor to Texas Republican Sen. Ted Cruz and fellow at the conservative Texas Public Policy Foundation, said Thursday he would not seek a second term on the Federal Energy Regulatory Commission. With only six months left in his term, the announcement puts a near end date on the service of a powerful

Williams announces FERC filing for Transco rate case settlement

January 2, 2020

Oil and Gas 360 Tulsa, Okla. – Williams (NYSE: WMB) announced today that it has filed a comprehensive Stipulation and Agreement (“Settlement”) with the Federal Energy Regulatory Commission (“FERC”), which would settle all aspects of the Transcontinental Gas Pipe Line Company, LLC (“Transco”) rate case currently pending before the FERC. The company anticipates FERC approval of the Settlement during the

FERC pushes back against state clean energy plans

December 20, 2019

Houston Chronicle WASHINGTON – Wind turbines, solar systems and nuclear plants that receive state subsidies promoting clean energy can be assessed a surcharge when bidding into the country’s largest power market, the Federal Energy Regulatory Commission ruled Thursday. In a 2-1 ruling, FERC found at times of high demand those subsidies were suppressing power prices in PJM Interconnection, which provides

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