Allegedly

The Ohio company that owns a wastewater disposal well in Youngstown, OH, shut down by state regulators for allegedly triggering a series of earthquakes will pay for a study to determine the cause of the seismic activity.

The Ohio company that owns a wastewater disposal well in Youngstown shut down by state regulators for allegedly triggering a series of earthquakes will pay for a study to determine the cause of the seismic activity.

Shares of Kodiak Oil & Gas Corp. took a nosedive on Tuesday, allegedly over concerns that the Denver-based independent energy company may be facing liquidity concerns.

California regulators scolded Pacific Gas and Electric Co. (PG&E) Wednesday for allegedly failing to heed an order to complete a data search on the past pressure testing of all of its natural gas transmission pipelines in heavily populated areas. Instead, PG&E submitted incomplete data on Tuesday that even its president said he was not satisfied with (see Daily GPI, March 17).

Federal regulators came under attack on Capitol Hill last Thursday for allegedly not carrying out extensive cost-benefit analyses of the rules that they are proposing to implement under the Dodd-Frank Wall Street Reform Act.

Federal regulators came under attack on Capitol Hill Thursday for allegedly not carrying out comprehensive cost-benefit analyses of the financial regulatory reforms that they are proposing to implement under the Dodd-Frank Wall Street Reform Act.

The former chief of the New York Department of Conservation (DEC), whose ouster in October was criticized by producers and environmental groups alike, told state lawmakers last week that massive cutbacks in commission staff have become a “shell game” that didn’t take into account the consequences for stakeholders.

Morgan Stanley & Co. Monday filed a lawsuit Monday seeking damages of $40.6 million from hedge fund Peak Ridge Master SPC Ltd. for allegedly defaulting on contracts in the natural gas market.

A business-labor coalition in the Pacific Northwest is lashing out at environmental organization Columbia Riverkeeper (CRK) for allegedly working covertly in a recent anti-liquefied natural gas (LNG) local election. CRK’s work supposedly led to the narrow recall of one of five members of the Clatsop County (OR) Commission, a majority of which has supported building an LNG receiving terminal along the Columbia River.