Senate Democrats call Republican-backed House bill passed on April 26 as "dead on arrival," but measures in it to speed permitting could gain bipartisan support.
The project will increase storage capacity of the Folsom Lake Reservoir by 43,000 acre-ft, providing additional flood protection for the greater Sacramento area.
Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.
Despite a unanimous decision that halted NECEC project developer Avangrid has enough cash invested to legally resume construction despite a 2021 state voters' block, the firm CEO told investors April 26 it won't know work restart schedule until after mid year.
Giant 10-year O&M contract combines functions of two awards originally planned—one to manage millions of gallons of radioactive waste stored underground at the former weapons site and the other to operate its multi-billion-dollar waste treatment plant awaiting startup.
With Senate hearings due on possible legislation to speed up federal review and permitting for construction projects, a coalition of construction and other business groups is pushing the case for bipartisan legislation to meet that goal.
DOE Chief Jennifer Granholm told Columbia U. summit the president is "obsessed" with project permit reform and expedited approvals—as G7 climate ministers agreed April 16 to pursue common goal of net zero through "various pathways," while still supporting natural gas development.
Bechtel-led construction of $13.6B Driftwood export terminal could be advanced by developer Tellurian's decision to sell large part of the site to an unnamed investor and lease it back for 40 years.
KBR confirmed energy firm Equinor letter of intent for design of giant floating structure, along with Canada-based Hatch, with final investment decision possible in late 2024.
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