Independent regulatory commissions
The Federal Energy Regulatory Commission (FERC) invites the Confederated Tribes of the Warm Springs to participate in the review of the Kelso-Beaver Reliability Project, a natural gas project proposed by Northwest Pipeline, LLC. The project involves the construction and operation of a new compressor station and modification of the existing
United States. Federal Energy Regulatory Commission
The Federal Energy Regulatory Commission (FERC) has invited the Cowlitz Indian Tribe to participate in the review of the Kelso-Beaver Reliability Project, a proposed natural gas project by Northwest Pipeline, LLC. The project involves the construction and operation of a new compressor station and the modification of the existing KB
European Union
The European Union (EU) is on track to completely halt the transit of Russian gas through the Ukrainian gas transport system by the end of the current contract in December 2024, according to European Commissioner for Energy, Kadri Simson. The EU has been preparing for this situation and has found
Manufacturing costs
San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders for the production month of June 2024 due to excess production costs. The excess production costs are primarily attributed to significant lease operating expenses and capital expenditures associated with Hilcorp&
Manufacturing costs
The San Juan Basin Royalty Trust, managed by the Argent Trust Company, announced that it will not declare a monthly cash distribution to its unit holders for June 2024. This decision is attributed to excessive production costs and low natural gas pricing, resulting in a revenue shortfall. The trust'
Gas utilities
In a bid to boost gas supply, improve infrastructure, and ensure energy security, the Lanzhou New District in Gansu Province, China, has taken initiative to connect with a gas company to select and locate the No. 2 natural gas gate station and supporting pipelines. After conducting multiple site surveys and
Manufacturing costs
San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders in May 2024 due to excess production costs and lower natural gas pricing. The trust, which holds a 24.03% net overriding royalty interest in the San Juan Basin properties,
Manufacturing costs
The San Juan Basin Royalty Trust has reported that due to excess production costs and lower natural gas pricing, no monthly cash distribution will be declared to unit holders in May 2024. The excess production costs, totaling approximately $4,888,522 gross ($3,666,391 net to the trust), are
European Union
The European Commission has approved a 3 billion Polish scheme to support companies active in the Polish gas market in the context of Russia's war against Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission to recognize the EU economy'
European Union
Estonia, represented by Minister of Economy and Infrastructure Riina Sikkut, is advocating for a cautious approach to establishing a gas price ceiling at the European Union Council in Brussels. The move comes after a failed attempt to reach a political agreement on the draft submitted by the European Commission on
Cabinet officials
European Union energy ministers have reached an agreement on a natural gas price cap after months of negotiations, a move seen as a crucial step in containing the energy crisis amid the ongoing conflict between Russia and Ukraine. The 180-euro cap on gas prices is intended to ease the burden
Cabinet officials
The European Union has secured a landmark agreement to limit excessive gas prices, addressing concerns over energy security and market stability. The regulation, set to come into force on February 15, aims to shield citizens from skyrocketing prices while ensuring a stable energy supply and financial markets. The cap, significantly
