The Bureau of Land Management’s quarterly oil and gas lease sale in New Mexico generated net proceeds of $8.28 million, according to an Aug. 28 press release. Nearly half the revenue from the sale is allotted to the states where the oil and gas activity takes place namely, New Mexico, Oklahoma and Texas. The remainder…...
About 5 billion cubic feet per day of new natural gas pipeline capacity came online in the U.S. during the first half of 2020, according to an Aug. 24 report from the U.S. Energy Information Administration. At the same time an estimated 8.7 billion cubic feet per day (Bcf/d) of pipeline projects were canceled in…...
The Michigan Public Service Commission on August 20 authorized a settlement allowing DTE Gas to increase its revenues by $110 million, which is about 46 percent lower than the utility’s original request. The new rate, effective Oct. 1, will raise monthly residential bills for customers using 100 cubic feet of gas by about $2.97 or…...
The U.S. Energy Department on Aug. 20 authorized the Alaska LNG Project LLC to export liquefied natural gas in a volume equivalent to 929 billion cubic feet per year from a facility to be constructed in south central Alaska. The authorization allows Alaska LNG to export natural gas to non-free trade agreement countries for a…...
The Florida Public Service Commission on Aug. 18 approved Peoples Gas Systems’ request for an accounting mechanism to track and record additional costs brought about by the COVID-19 pandemic. The mechanism allows the utility to request approval of cost recovery through rates at a later time. The implementation of this tracking system provides a method…...
The U.S. Interior Department on Aug. 17 issued a decision approving oil and gas leasing activities in the 1.56 million-acre Coastal Plain area in Alaska’s 19.3 million Arctic National Wildlife Refuge. The move follows the 2017 Tax Cuts and Jobs Act, which directed the Secretary of the Interior to establish a competitive program for the…...
The U.S. Interior Department’s Bureau of Land Management on Aug. 14 issued a final environmental review for ConocoPhillips Alaska Inc.’s proposed Willow Master Development Plan, an oil and gas development project in the National Petroleum Reserve in Alaska. The project is expected to produce up to 590 million total barrels of oil during its 30-year…...
From 2011 to 2019, the U.S. repurposed 121 coal-fired plants to burn other fuels, of which 103 switched to natural gas, according to an Aug. 5 report from the U.S. Energy Information Administration. The agency attributed the trend to stricter emission standards, low gas prices, and more efficient natural gas turbine technology. Of the 316.8-gigawatts…...
The U.S. Energy Department on August 6 announced $33 million for 10 projects under the Rapid Encapsulation of Pipelines Avoiding Intensive Replacement, or REPAIR, program to develop natural gas pipeline retrofitting technology. The initiative will rehabilitate cast iron and bare steel transmission pipes with new, durable pipes within the existing ones. The REPAIR program, launched…...
Public Service Enterprise Group is exploring alternatives to 6,750 megawatts of fossil generation in New Jersey, Connecticut, New York and Maryland, and its 467-megawatt Solar Source portfolio across 14 states, according to a July 31 press release. The New Jersey utility intends to retain its existing nuclear fleet, in order to help the state achieve…...
The U.S. Energy Department on July 29 announced a policy statement that extends the term for exporting liquefied natural gas through 2050. This marks a shift from erstwhile export terms, which were customarily designed in increments of 20-year terms. The department proposed the 2050 term extension earlier this year in February in response to policy…...
The California Public Utilities Commission on July 29 announced a new research, development, and deployment initiative to bolster the relationship between ratepayer-funded projects and emerging policy issues. This shall manifest itself within four new workstreams pertinent to advancing the state’s energy agenda: equity, wildfire mitigation, transportation electrification, and utility safety power shut offs. In doing…...
