Sunday, January 26, 2025
FERC pushes back against state clean energy plans- oil and gas 360

FERC pushes back against state clean energy plans

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

FERC poised to make permit decisions on four LNG export projects in Texas- oil and gas 360

FERC poised to make permit decisions on four LNG export projects in Texas

Houston Chronicle Federal regulators appear poised to make permit decisions on the applications submitted by four liquefied natural gas export terminals in Texas.   After more than three years of review, commissioners with the Federal Energy Regulatory Commission have placed permit decisions for the four projects on the agenda for the agency’s Thursday morning meeting. Three of the proposed projects

Cameron LNG Commences Commercial Operations - Oil & Gas 360

Cameron LNG Commences Commercial Operations

By Tyler Losier, Energy Reporter, Oil & Gas 360 Train 1 of Sempra’s Cameron LNG project commences commercial operations Sempra LNG, a subsidiary of San Diego-based Sempra Energy (stock ticker: SRE), has begun commercial operations under tolling agreements at Train 1 of its Cameron LNG liquefaction-export project in Hackberry, Louisiana. Previously, Sempra’s Cameron LNG facility had shipped its first commissioning

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

From Reuters Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. The United States imposed tariffs on imported steel and aluminum last year to shield U.S. producers from overseas competition. U.S. energy industry trade groups have warned the

Caliber Midstream Makes North Dakota Acquisition - Oil & Gas 360

Caliber Midstream Makes North Dakota Acquisition

By Tyler Losier, Energy Reporter, Oil & Gas 360 Caliber Midstream acquires North Dakota assets from American Midstream Partners Caliber Midstream Holdings L.P., headquartered in Denver, Colorado, has acquired crude oil gathering and transportation assets in McKenzie county, North Dakota from American Midstream Partners L.P. The acquired assets include a FERC-regulated system comprised of 47 miles worth of pipeline and

Draft EIS Released for $43 Billion Alaska LNG Project - Oil & Gas 360

Draft EIS Released for $43 Billion Alaska LNG Project

By Tyler Losier, Energy Reporter, Oil & Gas 360 Alaska Gasline Development Corporation receives FERC input for large proposed gas export project Last Friday, the Federal Energy Regulatory Commission (FERC) published its draft environmental impact statement (EIS) for Alaska Gasline Development Corporation’s Alaska LNG project, concluding that construction and operation would result in temporary, long-term and permanent impacts on the

Venture Global LNG Raises $675 Million - Oil & Gas 360

Venture Global LNG Raises $675 Million

By Tyler Losier, Energy Reporter, Oil & Gas 360 Funds to be used for the company’s Plaquemines LNG export project Venture Global LNG, Inc., headquartered in Arlington, Virginia, has raised $675 million of additional capital from a variety of institutional investors. The funds will primarily go towards financing the company’s forthcoming Plaquemines LNG export project, located approximately 20 miles south

Summit Midstream Partners Makes FID, Forms JV - Oil & Gas 360

Summit Midstream Partners Makes FID, Forms JV

By Tyler Losier, Energy Reporter, Oil & Gas 360 Summit Midstream to proceed with Double E pipeline project Summit Midstream Partners (stock ticker: SMLP) has made a final investment decision to proceed with its Double E pipeline project, after having secured sufficient commitments pursuant to binding precedent agreements for long-term, firm transportation service. The company also executed a definitive joint

Cameron LNG Exports First Commissioning Cargo - Oil & Gas 360

Cameron LNG Exports First Commissioning Cargo

By Tyler Losier, Energy Reporter, Oil & Gas 360 FERC authorization expected in mid-2019 Cameron LNG, owned in part by Sempra Energy (stock ticker: SRE) subsidiary Sempra LNG, has shipped its first commissioning cargo of liquefied natural gas from its project site in Hackberry, La. “This brings Cameron LNG, one of Sempra’s five strategically located LNG infrastructure projects, one step

Another Day, Another U.S. FERC LNG Authorization

Neck and neck: On the heels of Tellurian, Sempra gets FERC greenlight for Port Arthur LNG export project By Bevo Beaven, Editor, Oil & Gas 360 The LNG race is on. Last week FERC gave a thumbs up to Tellurian’s (stock ticker: TELL, $TELL) Driftwood LNG export project, authorizing the developers to move forward with construction of the Louisiana location