Hess Corp. CEO John Hess is claiming that shareholder Paul Singer’s Elliott Management Corp. may pay board nominees to liquidate the company.
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Hess Proxy Fight Gets Ugly
Hess Corp. CEO John Hess is claiming that shareholder Paul Singer’s Elliott Management Corp. may pay board nominees to liquidate the company.
Devon Claims EPA Misused Natural Gas Emissions Data
Devon Energy Corp. is pulling out of a voluntary natural gas well emissions data gathering program run by the U.S. Environmental Protection Agency (EPA) claiming the data has been “irresponsibly and inaccurately used to justify costly regulations” for unconventional drilling.
California Regulators Sued Over Fracking Risks
Environmental groups on Tuesday filed a lawsuit in California claiming that state regulators had failed to “consider or evaluate” the risks of hydraulic fracturing (fracking) as required by the California Environmental Quality Act (CEQA).
Arkansas Landowners Sue Companies Over Injection Wells
A group of landowners in three Arkansas counties are asking a federal court to allow a class action lawsuit against three oil and natural gas companies, claiming they are illegally operating six wastewater injection wells in the Fayetteville Shale.
Enbridge: The Stealth Canadian Oil Pipeline to Gulf
While TransCanada Corp.’s Keystone XL oil pipeline has become controversial in general interest news media and politics, Enbridge Inc.’s. under-the-radar oil pipeline cutting through the nation’s midsection from Illinois to Houston-Port Arthur, TX, has the opposite image. The contrast drew general news media interest over the weekend.
Court Remands Colorado Drilling Plan to BLM
In a decision in which both sides are claiming victories of sorts, a federal district judge in Denver on June 22 ordered the federal Bureau of Land Management (BLM) to review and revise its drilling plan for the Roan Plateau in western Colorado where one operator has plans to drill thousands of natural gas wells.
Court Remands Colorado Drilling Plan to BLM
In a decision in which both sides are claiming victories of sorts, a federal district judge in Denver on Friday ordered the federal Bureau of Land Management (BLM) to review and revise its drilling plan for the Roan Plateau in western Colorado where one operator has plans to drill thousands of natural gas wells.
Driller Sues Federal Government Over 2010 GOM Moratorium
ATP Oil & Gas Corp. has filed a lawsuit claiming that it lost more than $68 million when the federal government “improperly and illegally” suspended offshore drilling in the wake of the April 2010 Macondo well blowout and oil spill in the Gulf of Mexico (GOM) and “unlawfully delayed” permits to the company even after the moratorium was lifted.
INGAA Urges FERC to Revise Reservation Charge Policy
A major interstate natural gas pipeline group has called on FERC to “reconsider and revise” its approach to reservation charge crediting, claiming that it is not right to require pipelines to credit reservation charges for outages that occur during systemic upgrades to comply with the new pipe safety act and environmental laws.