Hedge fund TPG-Axon Capital, one of SandRidge Energy’s largest investors, continues to push for changes at the Oklahoma City-based exploration and production company, calling for the replacement of SandRidge’s entire board of directors.
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A bipartisan coalition of senators has expressed concerns that the U.S. Environmental Protection Agency (EPA) is attempting to expand its definition of diesel fuels in the draft permitting guidance to gain more federal control over hydraulic fracturing (fracking).
“Profitable and widely applicable” practices have the potential to reduce methane emissions in the United States by more than 80%, and the captured methane could “bring in billions of dollars in revenue while benefiting the environment,” according to a report from the Natural Resources Defense Council (NRDC).
FERC has approved Tennessee Gas Pipeline’s proposed changes to its pooling points to accommodate greater natural gas supplies coming from the Marcellus and Haynesville shale formations and the Rocky Mountain region.