A Minnesota regulator has reaffirmed its support for Enbridge’s Line 3 Pipeline replacement project, Kallanish Energy reports By a 4-1 vote, the Minnesota Public Utilities Commission has voted to deny petitions for reconsideration filed last May by several Ojibwe bands, environmental groups and the state Department of Commerce. Instead, the commission upheld the project’s certificate … Read more
Russia’s Sakhalin Energy, the operator of the Sakhalin-2 LNG plant, said on Thursday its oil and gas licenses have been extended for another five years, Kallanish Energy reports. The joint venture between Gazprom, Shell, Mitsui, and Mitsubishi was granted an extension on its development licenses for the Piltun-Astokhskoye and Lunkskoye fields in the Sea of … Read more
A New Mexico utility will exit current leases for nuclear power and will instead develop renewable power by 2040, Kallanish Energy reports. PNM said it will allow leases for 114 megawatts of electricity power from the Palo Verde Nuclear Generating Station in Arizona to expire. Replacing that reduced capacity will allow PNM “to integrate more renewable … Read more
Norway has unveiled its hydrogen strategy, pitching its development as a “story of hope” for the future, Kallanish Energy reports. Oil and energy minister Tina Bru said in an industry event last week that hydrogen offers “hope for a new world with low emissions. Hope for disruptive change. Hope for new industry and new jobs … Read more
Norway has unveiled its hydrogen strategy, pitching its development as a “story of hope” for the future, Kallanish Energy reports. Oil and energy minister Tina Bru said in an industry event last week that hydrogen offers “hope for a new world with low emissions. Hope for disruptive change. Hope for new industry and new jobs … Read more
Attorney General Maura Healey wants Massachusetts to formally assess the future of natural gas in the state, Kallanish Energy reports. “In order to combat the climate crisis and meet our clean energy goals, we must transition away from fossil fuels and change the way gas utilities do business in our state,” Healey said in a … Read more
Texas-based Gavilan Resources last month filed for Chapter 11 protection, saying it intends to sell its business and assets. It cited the coronavirus pandemic and the oil price rout along with an ongoing dispute with a joint venture partner in the Eagle Ford Shale in South Texas, Kallanish Energy reports. It is among 19 new … Read more
Bulgaria hopes to complete the Balkan Stream gas pipeline by year-end as planned, despite the delay caused by the coronavirus pandemic, Kallanish Energy reports. The 474-km pipeline is an extension to the TurkStream gas pipeline, from Russia to Turkey. With a planned capacity of 20 billion cubic meters per year, the section will deliver gas … Read more
The Trump administration provided a major boost to developers of renewable energy, in the wake of the coronavirus pandemic, Kallanish Energy reports. The U.S. Treasury Department and the Internal Revenue Service last week issued a Notice 2020-41 to provide tax relief to affected taxpayers involved in solar and wind projects by extending the safe harbor … Read more
A proposed liquefied natural gas facility in Louisiana that had been dormant is alive again, Kallanish Energy reports. Pointe LNG has hired Whitehall & Co. to raise investment capital and secure offtake for a liquefaction/export facility in Plaquemines Parish, Louisiana, to process 6 million tons per year of LNG. It said $4 billion in capital … Read more
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