FERC Archives - Page 2 of 6

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

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

November 18, 2019

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

August 20, 2019

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

August 20, 2019

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

August 6, 2019

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

July 2, 2019

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

June 28, 2019

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

June 28, 2019

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

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