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PM Edition: US Energy Secretary Brouillette slams pipeline opponents


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PM Edition: US Energy Secretary Brouillette slams pipeline opponents

Top News

New energy secretary slams 'bad actors' for delaying pipeline projects

In his first public speech as the department's new leader, U.S. Energy Secretary Dan Brouillette doubled down on the Trump administration's criticism of oil and natural gas pipeline project construction opponents, saying "bad actors are ... trying to decrease the benefits for consumers."

Petrochemical applications for federal clean energy program raise alarms

Two companies have applied under a federal clean energy program for a combined $3.9 billion in loan guarantees for a pair of planned petrochemical facilities, sparking outcry among U.S. lawmakers who say the projects directly contradict the program's stated goals.

Analysts look to other oil majors after Chevron warns of massive Q4 write-down

Analysts said Chevron Corp.'s massive gas-related write-down for the fourth quarter could be a sign that other large oil and gas majors such as Exxon Mobil Corp. could also announce impairment charges, reflecting depressed natural gas prices.

Other energy headlines

* The International Energy Agency is again maintaining its global demand growth outlook for this year and 2020, despite strong growth in oil consumption during the third quarter.

* Chevron Corp. reached a final investment decision to green-light the development of its Anchor project in the U.S. Gulf of Mexico.

* More than 12 years after the Arizona Corporation Commission refused to grant Southern California Edison Co. a permit to build a large portion of a 500-kV transmission line, a group of investors has launched a new effort to complete the project.


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Total daily natural gas flows to the six operational U.S. LNG export facilities averaged about 6.3 Bcf/d in November as the ramp-up in U.S. export capacity continued.

Research and data

* Financial Focus: Sempra's fire avoidance, restructuring help it outperform other Calif. utilities

* Financial Focus: A decade of US wind installation shows technology getting bigger and better

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