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2011

DRBC Flexing Newfound Regulatory Muscle, Analyst Says

When it issued proposed rules that would allow natural gas development projects — with conditions — in affected areas of the Marcellus Shale last month, the Delaware River Basin Commission (DRBC) was flexing muscles it hasn’t used before in its 50-year history, according to Philadelphia-based law firm Blank Rome LLP.

January 24, 2011

People

Washington Gov. Chris Gregoire has reappointed Philip Jones to a second six-year term on the Washington Utilities and Transportation Commission (UTC). The appointment requires state Senate confirmation, and would run through Jan. 1, 2017. Gregoire originally named Jones, 57, to the UTC in 2005. Jones is active in the National Association of Regulatory Utility Commissioners (NARUC), serving on the board of directors and the NARUC executive committee as second vice president, along with the international relations and telecommunications committees. Jones also is active on the NARUC Washington (DC) Action Committee and board chair for the National Regulatory Research Institute. Jones was a former senior executive with Cutter & Buck (Europe) BV in Amsterdam, the Netherlands for five years and prior to that was a senior legislative aide to former U.S. Sen. Daniel Evans (R-WA). Jones is a 1977 graduate of Harvard, with honors.

January 20, 2011

Magnum Hunter CEO Predicts ‘Exceptional’ Reserves Growth

Shale player Magnum Hunter Resources Corp. grew its total proved reserves by 116% last year, and the value of reserves grew 171% from the year-ago period, the Houston-based company said Tuesday. And there will be more growth like that this year if the company’s CEO is correct.

January 19, 2011

Pennsylvania’s Incoming Governor Names Energy Team

Pennsylvania Gov.-elect Tom Corbett last week selected three experienced state officials to oversee the Department of Environmental Protection (DEP) and named another as the state’s first Energy Executive — news that was applauded by industry and environmental groups.

January 17, 2011

Generators’ Group Opposes Northeast-NSTAR Merger

The proposed merger of Northeast Utilities and NSTAR, which would create one of the country’s largest utilities serving 500,000 natural gas customers as well as three million electric customers, would harm competitive energy markets in New England, according to the New England Power Generators Association (NEPGA).

January 11, 2011

Obama Commission Spreads Blame for Macondo Well Blowout

The deadly blowout of BP plc’s Macondo well in the Gulf of Mexico last April was due to “several individual missteps and oversights by BP, Halliburton and Transocean,” and to a “systemwide problem” with industry practices and government policies, said the National Oil Spill Commission last Wednesday in an advance chapter of its final report.

January 10, 2011

NTSB: ‘Urgent’ Pipe Alert Post-PG&E Rupture

As a prelude to newly scheduled fact-finding hearings, federal pipeline investigators last Monday issued urgent recommendations regarding record-keeping problems it has encountered with Pacific Gas and Electric Co. (PG&E) in the wake of the San Francisco-based utility’s fatal natural gas transmission pipeline rupture in San Bruno, CA, last September.

January 10, 2011

MarkWest Adding Midstream Capabilities in Appalachia

MarkWest Energy Partners LP and MarkWest Liberty Midstream & Resources LLC announced an acquisition and an infrastructure development deal to serve EQT Corp. and other producers in Appalachia.

January 10, 2011

Chesapeake Plans to Squeeze Cash Out of ‘Best Assets’

After spending big in the nation’s gas shale patch — and taking some heat for it — Chesapeake Energy CEO Aubrey K. McClendon said Thursday it is time for the company to reap what it has sown in announcing the Oklahoma City-based producer’s plans for this year and next.

January 7, 2011

NTSB Issues ‘Urgent’ Recommendations on PG&E Pipelines

As a prelude to newly scheduled fact-finding hearings, federal pipeline investigators Monday issued urgent recommendations regarding record-keeping problems it has encountered with Pacific Gas and Electric Co. (PG&E) in the wake of the San Francisco-based utility’s fatal natural gas transmission pipeline rupture in San Bruno, CA, last September.

January 5, 2011