JUNEAU, Alaska (AP) — An Alaska official said Monday the state is looking at taking a multibillion-dollar equity stake in a major natural gas pipeline project as a way to protect its interests and help make the long-hoped-for project a reality.
Freeport LNG CEO Michael Smith criticized the Energy Department's conditional approval for more liquefied natural gas exports from the company's proposed Texas facility, saying it failed to meet the company's export request, Platts reports.
Eight Yemeni policemen stationed near a liquefied natural gas export facility that ships to South Korea were killed in an attack by militants, the latest in a series of attacks near the site, Reuters reports.
Broomfield, Colo. officials said the voter-approved hydraulic fracturing moratorium within city limits will be subject to a recount after it passed by a margin of 17 votes, Boulder County Business Report reports.
The budget proposal introduced by Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., includes a provision to approve an agreement between the U.S. and Mexico to cooperate on offshore drilling along their maritime border, The Hill reports.
The American Petroleum Institute and the American Fuel and Petrochemical Manufacturers filed a legal brief against the Environmental Protection Agency in their lawsuit against the agency, alleging it has ignored several legal deadlines, The Hill reports.
The International Energy Agency boosted its forecasts for next year's daily oil consumption to 1.2 million barrels a day after the U.S. posted its highest consumption levels in the last five years, Bloomberg reports.
A White House aide said Center for American Progress founder John Podesta, an opponent of the Keystone XL pipeline, will recuse himself from any decision on the project when he begins his tour as special adviser to President Obama, Politico reports.
An inspector general report found that the Environmental Protection Agency was made aware that former senior executive John C. Beale, who recently pleaded guilty to stealing $900,000 posing as a CIA agent, was collecting unauthorized payments, The Washington Post reports.
Mississippi utility regulators rejected a proposal to merge Entergy Corp. and ITC Holdings Corp., arguing the deal could boost electricity rates by $300 million over the next three decades, The Associated Press reports.
The Mexican Senate gave general approval to an energy reform package endorsed by President Enrique Pena Nieto that would open the nation's oil sector to outside investment. After debates conclude, final approval is expected today, Reuters reports.
U.K. Committee on Climate Change Chairman John Gummer, the nation's top adviser on global warming issues, said a plan to cut carbon emissions in half is attainable and should be pursued despite increases in energy costs, Bloomberg reports.