The Federal Energy Regulatory Commission on May 1 denied Pacific Gas and Electric Company’s requests for rehearing of the agency’s order asserting concurrent jurisdiction with bankruptcy courts over wholesale contracts that the utility may seek to reject through its Chapter 11 filing. While FERC’s role in evaluating rates and terms of power contracts is to protect…
DetailsThe Federal Energy Regulatory Commission found that the construction of Venture Global LNG Inc.’s Plaquemines LNG, a natural gas liquefaction and export terminal in Louisiana, and the associated pipeline projects would result in some adverse environmental impacts, which would be reduced to less-than-significant levels, according to a May 3 notice. The Plaquemines terminal consists of…
DetailsThe U.S. has been a net exporter of natural gas for over a year, with exports reaching 4.6 billion cubic feet per day in February, the thirteenth consecutive month in which exports exceeded imports, according to a May 2 report from the U.S. Energy Information Administration. While liquefied natural gas shipments have grown in recent…
DetailsThe Colorado Public Utilities Commission announced that electric and gas customers will receive about $168 million in refunds, reflecting savings from the federal tax cut law, which slashed the corporate income tax rate to 21 percent from 35 percent, effective Jan. 1, 2018, according to a May 3 press release. Customers will receive benefits in…
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