The federal government has scrapped plans to auction offshore oil and gas drilling rights along the southeastern U.S. coast, instead focusing on selling new leases in the Arctic and Gulf of Mexico.
In what Calgary, Alberta-based Veresen calls an “extremely surprising” move, the Federal Energy Regulatory Commission denied the applications for its Coos Bay, Ore., Jordan Cove LNG offshore facility and Pacific Connector Gas Pipeline, stating that “the record does not support a finding that the public benefits of the [pipeline] outweigh the adverse effects on landowners.”
On March 2, SH 130 Concession Co. LLC—the private entity that designed and built and now operates and maintains Segments 5 and 6 of SH 130, a 41-mile portion of the total 91-mile roadway—filed for Chapter 11 protection in the Western District of Texas.