The ranking Republican on the Senate Energy and Natural Resources Committee on Tuesday said she cannot yet support President Barack Obama's nominee to head the Federal Energy Regulatory Commission, putting a question mark over his potential confirmation.
Sen. Lisa Murkowski of Alaska said at the confirmation hearing for former Colorado electricity regulator Ron Binz that she was concerned about his past statements on the role of regulators and about how he would lead FERC. "At this point I am not convinced that your views are compatible with FERC's mission," she said.
Climate change and the future of coal have become priority issues in the Virginia gubernatorial race between Republican Ken Cuccinelli and Democrat Terry McAuliffe, with outside groups making heavy ad investments on both issues, ABC News reports.
President Barack Obama's regulatory and climate agendas take center stage in Washington this week with hearings on Capitol Hill and the planned release of his revised proposal to limit carbon emissions from new coal-fired power plants.
First up will be a hearing scheduled Tuesday in the Senate Energy and Natural Resources Committee on three nominees, including his pick to chair the Federal Energy Regulatory Commission. The Environmental Protection Agency is set to follow, no later than Friday, with the release of the power plants proposal.
The Senate, on a voice vote, has confirmed Elizabeth Sherwood-Randall to become Deputy Energy Secretary, the number two slot in the department, replacing the departing Daniel Poneman, The Hill reports.
Western sanctions over the Ukraine crisis will likely put the brakes on a joint drilling project between Exxon Mobile and Rosneft in the Kara Sea, Russia’s natural resources minister said Friday, Reuters reports.
U.S. oil prices eased off again on speculation over future action by the Federal Reserve to increase interest rates. West Texas Intermediate crude for October delivery was 21 cents lower to $92.86 a barrel in electronic trading on the Nymex, while in London November Brent gained 1 cent to $97.71, Bloomberg reports.
Bakken Shale giant Continental – with Jack Stark newly promoted as president and COO -- told analysts Thursday that the South Central Oklahoma Oil Play, or SCOOP, could hold as much as 3.6 billion barrels of oil and gas equivalent, The Financial Times reports.
Exxon subsidiary XTO Energy will pick up 17,800 net acres in the Permian Basin in Texas and Linn Energy will get interest in about 500 net acres near Bakersfield, Calif., under an asset swap announced by the firms Thursday, The Wall Street Journal reports.
Kinder Morgan has filed a request with the Maine Public Utilities Commission to take capacity on its planned Northeast Energy Direct Project, which the company hopes would bring as much as 2.2 billion cubic feet of natural gas per day into New England, FuelFix reports.
Fifty fellow Democrats support his bid to become the ranking member on the House Energy and Commerce Committee, according to a letter released by N.J. Rep. Frank Pallone Thursday, while House Minority Leader Rep. Nancy Pelosi has released a letter reiterating her support for his rival, fellow Californian Rep. Anna Eshoo, The Hill reports.
The announcement this week that the battery gigafactory planned by Elon Musk’s Tesla Motors will make energy storage on a grid scale to be used by SolarCity Corp., run by his cousin Lyndon Rive, has the potential to transform the landscape of the energy industry, The Wall Street Journal reports.
A report from the New York Independent System Operator says distributed generation could ease potential electricity shortfalls predicted to hit southeastern New York in 2019, a year earlier than previous projections had indicated, according to Platts.