An environmental group is suing Pennsylvania Gov. Tom Corbett, claiming that his administration is misusing revenue from Marcellus Shale development on state lands. Although Corbett is being sued, most of the actions cited in the litigation first were undertaken by his predecessor Ed Rendell.
Claiming
Articles from Claiming
Chesapeake Defends Itself Against Rolling Stone Portrayal
Chesapeake Energy Corp. defended itself against a story in an upcoming issue of Rolling Stone magazine that the producer is claiming contains several inaccuracies.
Rolling Stone Portrayal Contains ‘Same Old Debunked Theories,’ Chesapeake Says
Chesapeake Energy Corp. defended itself against a story in an upcoming issue of Rolling Stone magazine that the producer is claiming contains several inaccuracies.
Encana Slams EPA Over ‘Not Factual’ Pavillion, WY, Draft Report
Encana Corp. has gone on the offense against Environmental Protection Agency (EPA) findings regarding its Pavillion, WY wells, claiming that many of the EPA’s findings from its recent deep monitoring wells, including those related to any potential connection between fracking and Pavillion groundwater quality, “are conjecture, not factual, and only serve to trigger undue alarm.”
CFTC Rule Undermines Dodd-Frank Purpose, NGX CEO Says
Claiming that the Commodity Futures Trading Commission’s (CFTC) proposal to prohibit the use of letters of credit as margin for cleared swaps transactions will actually work counter to the Commission’s financial restructuring goals of increased transparency, Natural Gas Exchange Inc. (NGX) CEO Peter Krenkel has asked the CFTC to take another look at its proposed rule (see related story).
Rule on Letters of Credit Undermines Dodd-Frank Purpose, NGX CEO Says
Claiming that the Commodity Futures Trading Commission’s (CFTC) proposal to prohibit the use of letters of credit as margin for cleared swaps transactions will actually work counter to the Commission’s financial restructuring goals of increased transparency, Natural Gas Exchange Inc. CEO Peter Krenkel has asked the CFTC to take another look at its proposed rule.
Utah Sues Interior Over ‘Wild Lands’
Claiming that it will harm its economy and set a bad national policy, Utah filed a lawsuit in federal court at the end of April seeking to block an order by Interior Secretary Ken Salazar that created a “wild lands” designation on public lands. Salazar’s order (3310) was issued in late December.
Utah Sues Interior Secretary Over ‘Wild Lands’ Order
Claiming that it will harm its economy and set a bad national policy, Utah filed a lawsuit in federal court at the end of April seeking to block an order by Interior Secretary Ken Salazar that created a “wild lands” designation on public lands. Salazar’s order (3310) was issued in late December.
Industry Briefs
BP plc has filed a lawsuit against Halliburton Co., claiming that the oilfield service operator’s “misconduct” contributed to the April 2010 blowout of the Macondo well and explosion aboard the Deepwater Horizon rig in the Gulf of Mexico. BP also has filed claims against Deepwater Horizon owner and operator Transocean Ltd., as well as Cameron International, which manufactured the well’s blowout preventer. BP said the presidential commission investigating the disaster had concluded that the cement slurry designed, mixed and pumped by Halliburton failed, and that results of the failed tests were not provided, which caused technicians to miss “critical signals that hydrocarbons were flowing into the wellbore.” A BP spokesman said the company was not seeking a specific sum from Halliburton but would ask for damages up to the total cost of the spill. BP is seeking at least $40 billion in damages from Transocean and seeks to force Cameron to contribute “all or part of the damages” that may be levied against BP by the U.S. government.
Texas Town Suing Over Compressor Emissions, Noise
The town of DISH, TX, and some of its residents are suing several midstream energy companies, claiming that noise and pollution from nearby natural gas compression and related facilities have eroded property values and hindered economic development in the town of about 200 residents, which is named after a satellite television service provider.