The Pennsylvania Supreme Court quashed an appeal by the state Public Utility Commission (PUC) on Thursday, leaving in place a judge’s order that the commission cannot use a review process to enforce some provisions of Act 13, the state’s omnibus Marcellus Shale law.
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A decision by the Ohio Department of Natural Resources (ODNR) that D&L Energy Inc. cannot keep its injection well permits and must properly dispose stored material has been upheld by the Ohio Oil and Gas Commission.
Chesapeake Energy Corp.’s stock price may have reached its bottom, an energy analyst said Friday. However, things may heat up in the coming days after activist shareholder Carl Icahn revealed late Friday that his firm now owns a 7.6% stake in the company — and he wants four board members replaced.
Bowing to pressure from customers, Pacific Gas and Electric Co. (PG&E) decided Monday to give in to individual customers who insist that they cannot tolerate — for health or other reasons — smart meters, recommending to state regulators that a proposed opt-out provision be expanded to include use of analog meters.
The United States is seeing a resurgence in ethylene cracking facilities as chemical companies, which left the country a decade ago because of high natural gas feedstock prices, are returning to build new plants and reopen mothballed facilities due to lower gas prices brought on by the boom in shale production, said the head of the American Gas Association (AGA) Friday.
Long-term growth in energy demand cannot be reversed, but volatility in oil and gas prices could dampen future supplies and presents one of the “main challenges” facing the energy industry, BP plc CEO Tony Hayward said last week.
Long-term growth in energy demand cannot be reversed, but volatility in oil and gas prices could dampen future supplies and presents one of the “main challenges” facing the energy industry, BP plc CEO Tony Hayward told a California audience on Wednesday.