In a sign of coal’s weakening dominance in the power sector, Patriot Coal Corp. and nearly 100 of its affiliates on Monday filed for Chapter 11 protection in U.S. Bankruptcy Court in New York City.
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Another ‘Public Utility’ Gathering Plan Abandoned in Pennsylvania
Peregrine Keystone Gas Pipeline LLC has abandoned its plans for a gathering system in the Marcellus Shale of southwest Pennsylvania, the final chapter in the efforts of three companies that had sought public utility status for projects in the state.
Coalition Calls on New York Regulators to Ban Waterless Fracking
A coalition of organizations on Thursday delivered a letter to the New York Department of Environmental Conservation Commission (DECC), calling on the agency to undertake an environmental review of “any” applications for shale gas exploration using liquefied petroleum gas (LPG) in hydraulic fracturing (fracking) stimulation processes — the precise process to be used to develop an unconventional leasehold in Tioga County.
Marcellus Bill Passes West Virginia Legislature in Landslide
The West Virginia legislature overwhelmingly approved a landmark Marcellus Shale regulatory reform bill on Wednesday, opening a new chapter for natural gas development in the state.
Marcellus Bill Passes West Virginia Legislature in Landslide
The West Virginia legislature overwhelmingly approved a landmark Marcellus Shale regulatory reform bill on Wednesday, opening a new chapter for natural gas development in the state.
Dynegy Holdings, Subsidiaries File Chapter 11
Dynegy Inc. announced that its holding company and four additional subsidiaries have filed for Chapter 11 bankruptcy protection after reaching an agreement with its major investors, including billionaire Carl Icahn and Seneca Capital.
Dynegy Holdings, Four Subsidiaries File For Chapter 11
Dynegy Inc. announced Monday that its holding company and four additional subsidiaries have filed for Chapter 11 bankruptcy protection after reaching an agreement with its major investors, including billionaire Carl Icahn and Seneca Capital.
Environmentalists Push for Fracking Ban in New York
A group of more than 40 environmental organizations, including the National Resources Defense Council, Delaware Riverkeeper Network and the Atlantic Chapter of the Sierra Club, is calling on the New York State Assembly to approve legislation that would place a moratorium on hydraulic fracturing (fracking) in the state’s Marcellus and Utica shales until May 15, which is when further environmental studies by the Environmental Protection Agency are expected to be completed.
Calpine Counting on Gas-Fueled Fleet
With a recent history that includes emerging from Chapter 11 bankruptcy two years ago, Calpine Corp. is focused on a post-coal electric generation future.
TXCO Files for Chapter 11
TXCO Resources Inc., which has been struggling to remain afloat for months, on Monday filed for voluntary bankruptcy under Chapter 11. The filing, said the independent, was “precipitated by a series of events that led to a contraction” in liquidity.