Surging shale oil reserves in the United States led BP plc to apparently secure permission, and Royal Dutch Shell plc to apply, for export licenses to ship U.S. crude oil supplies to Canada and possibly elsewhere.
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EPA Claims Progress on Texas Air Permitting
Companies holding “flexible air permits” granted by the Texas Commission on Environmental Quality (TCEQ) — all 136 of them — have agreed to apply for permits approved by the Environmental Protection Agency (EPA), the federal agency said.
Chesapeake Fined $1.09M for Marcellus Violations
The Pennsylvania Department of Environmental Protection (DEP) on Tuesday fined Chesapeake Energy Corp. nearly $1.09 million for violations related to natural gas drilling operations in the Marcellus Shale.
Transportation Notes
Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO for Friday on its California Gas Transmission system. Penalties of $1/Dth will apply to customers that exceed a 5% tolerance on positive daily imbalances.
Shell Executive: Shales Have ‘Enormous Potential’
It might seem that the Eagle Ford and Marcellus shales are being developed at breakneck speed, but it’s important to remember that these are the early days in two resource plays that will be natural gas breadbaskets for the nation in the decades to come.
CPOs Back CFTC Jurisdiction over Commodity Mutual Funds
Reinstating requirements applicable to commodity pool operators (CPO) to apply to certain mutual fund operators, which were excluded in amendments passed in 2003, would level the playing field for investors with respect to pooled vehicles that utilize the same instruments to meet their investment objectives, CPO Steben & Co. of Rockville, MD said in comments filed at the Commodity Futures Trading Commission (CFTC) last Monday.
CPOs Back CFTC Jurisdiction over Commodity Mutual Funds
Reinstating requirements applicable to commodity pool operators (CPO) to apply to certain mutual fund operators, which were excluded in amendments passed in 2003, would level the playing field for investors with respect to pooled vehicles that utilize the same instruments to meet their investment objectives, CPO Steben & Co. of Rockville, MD said in comments filed at the Commodity Futures Trading Commission (CFTC) Monday.
New Pennsylvania Wastewater Rules In Effect
New Pennsylvania wastewater treatment rules, which apply to gas drillers in the Marcellus Shale, are now in effect, the state’s Department of Environmental Protection (DEP) said.
Customers Step Up for Marcellus Project
Inergy LP subsidiary Central New York Oil And Gas Co. LLC has secured the binding agreements it needs in order to apply for permits to construct its MARC I Hub Line Project in Pennsylvania, the company said. The project is one of two complementary efforts the company has in the works that would serve Marcellus Shale production.
Marcellus Project to Serve Northeast Hooks Customers
Inergy LP subsidiary Central New York Oil And Gas Co. LLC has secured the binding agreements it needs in order to apply for permits to construct its MARC I Hub Line Project in Pennsylvania, the company said. The project is one of two complementary efforts the company has in the works that would serve Marcellus Shale production.