WASHINGTON (AP) — Federal regulators concluded Thursday that Dominion Energy's proposal to export liquefied natural gas from its Cove Point terminal on the Chesapeake Bay in Maryland would pose "no significant impact" on the environment — a positive step for the company.
The environmental assessment by the Federal Energy Regulatory Commission staff is a recommendation to the commission, which will decide whether the $3.8 billion project can go forward. Other permits are also required.
"The adverse cumulative impacts that could occur in conjunction with the project would be temporary and minor," the FERC staff said.
PITTSBURGH (AP) — An uncommon partnership between oil and gas companies and some environmental groups has accepted its first application for a certification program aimed at promoting voluntary but tough new standards in addition to existing government regulations on drilling in the Marcellus Shale.
The Pittsburgh-based Center for Sustainable Shale said Thursday one drilling company, which was not identified, has submitted an application to be certified. Director Susan LeGros said an independent audit of the company is scheduled for early June.
Even as Moscow has threatened to halt gas shipments to Ukraine, it’s playing host to ministers from at least 18 countries gathered to discuss energy security, although Britain is boycotting the forum, Bloomberg reports.
There’s been a massive shift in the direction of natural gas flow in U.S. pipelines, according to Moody’s: going east from Pennsylvania’s booming Marcellus Shale and south to Gulf refineries, FuelFix reports.
PHILADELPHIA (AP) — A Pennsylvania appeals court appeared skeptical of gas drilling rules that would limit what "trade secrets" the industry must share after a spill.
Pennsylvania is trying to update 20-year-old laws to oversee the drilling boom in the Marcellus Shale. But the state's high court last year threw out much of the industry-friendly regulations passed in 2012, which would have limited local oversight of drilling operations.
In Commonwealth Court arguments Wednesday, President Judge Dan Pellegrini asked whether drilling companies alone should know what chemicals are "in the secret sauce" used in the hydraulic fracturing, or fracking, process. Millions of gallons of fluids are forced into the earth in fracking to break through the shale. Under the existing law, companies must disclose the chemicals involved, but can make exceptions for what they deem trade secrets.
The GOP chorus denouncing the Environmental Protection Agency move to lower the ozone standard was joined by House Majority Leader Rep. Kevin McCarthy, R-Calif., senior figures on the House Energy and Commerce Committee, as well as Sen. John Thune, R-S.D., who is chairman of the Republican Senate caucus, The Hill reports.
Ahead of the OPEC meeting in Vienna, oil prices recovered Wednesday from earlier drops triggered by word of a greater-than-expected increase in U.S. crude inventories as well as a comment from Saudi Arabia's oil minister that there would be no need for a production cut. West Texas Intermediate crude for January delivery slipped just 3 cents to $74.06 a barrel on the Nymex, while in London Brent was 5 cents lower to $78.28, Bloomberg reports.
Freeport LNG has closed on financing deals – from Japanese sources -- for two of three planned liquefaction trains at its export facility, and should begin construction on its plant in Quintana, Texas this week, with operation projected to start in 2018, FuelFix reports.
Uranium prices are on track for an 18 percent increase in 2014, which would be the first annual gain for the energy commodity in four years and make it the best performing category in the sector, Bloomberg reports.
Nearly all of the claims dealt with through the settlement process after the 2010 BP Gulf of Mexico spill were handled correctly, according to a third party audit released Tuesday by claims administrator Patrick Juneau, The Times-Picayune reports.
The legal fight over the Environmental Protection Agency’s Waters of the U.S. rule could revolve around what’s meant by the words “adjacent” and “neighboring,” as well as how the regulation defines a flood plain, E&E reports.
After a shareholder lawsuit filed to stop the $2.86 billion merger announced in June between C&J Energy Services and the fracking business of Nabors Industries, a judge in Delaware Tuesday ordered a 30-day suspension to allow for competing offers, but C&J said it would appeal, FuelFix reports.
Oncor’s proposal to install battery storage across the grid in Texas is coming in for criticism from a state lawmaker – Republican State Sen. Troy Fraser said his support for the $5.2 billion project came before he realized an increase in transmission rates would be part of the package, The Dallas Morning News reports.
Speaking about the failure of Google’s renewable energy project RE<C, two engineers, writing in IEE Spectrum recently, said trying to fight climate change using only existing technologies like wind and solar energy won’t work, Fox News reports.