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.
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.
Greenhouse Gas Reduction Fund advances with potential grants for thousands of projects, including half set for low-income and disadvantaged areas, but House GOP has already signaled intent to repeal it.
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.
Inflation, rising interest rates and a skilled labor shortage continue as negative economic factors heading into the second quarter, said Anirban Basu, chief economist at the Associated Builders and Contractors.
Pact details not disclosed in dispute over GE Haliade-X offshore wind turbine design, leaving unclear the status of a court-mandated ban on U.S. sales.