Claims

EPA Alleges Methane Contamination in Texas

The U.S. Environmental Protection Agency (EPA) has issued an emergency order against Range Resources Corp. that claims at least two drinking water wells in Parker County, TX, “have been significantly impacted by…methane contamination” from its oil and gas production facilities in the region.

December 9, 2010

EPA: Barnett Wells Contaminated Drinking Water

The U.S. Environmental Protection Agency (EPA) has issued an emergency order against Range Resources Corp. that claims at least two drinking water wells in Parker County, TX, “have been significantly impacted by…methane contamination” from its oil and gas production facilities in the region.

December 9, 2010

Texas Fighting EPA Ruling

Texas is fighting the U.S. Environmental Protection Agency’s (EPA) disapproval of its flexible air emissions permits program, which EPA claims violates the federal Clean Air Act (CAA).

August 2, 2010

Texas Challenging EPA Ruling

Texas is fighting the U.S. Environmental Protection Agency’s (EPA) disapproval of its flexible air emissions permits program, which EPA claims violates the federal Clean Air Act (CAA).

July 28, 2010

Enserco Ordered to Pay $1.4M for Bidding, SMHT Violations

FERC has ordered Enserco Energy Inc., a Colorado-based natural gas marketer, to pay $1.4 million to resolve claims that it violated the agency’s open-access transportation rules.

August 31, 2009

SourceGas Affiliates, Kinder Morgan Resolve PPA Dispute

Affiliates of Colorado-based SourceGas LLC have resolved claims that Kinder Morgan Interstate Gas Transmission (KMIGT) improperly retained nearly $1 million in natural gas that they said belonged to retail choice customers in Nebraska and Wyoming.

August 27, 2009

Enserco Ordered to Pay $1.4M for Bidding, SMHT Violations

The Federal Energy Regulatory Commission Monday ordered Enserco Energy Inc., a Colorado-based natural gas marketer, to pay $1.4 million to resolve claims that it violated the agency’s open-access transportation rules.

August 25, 2009

Global Trader Mercuria Coming to Houston

Mercuria Energy Group Ltd., which claims to be one of the world’s five largest independent energy traders, will open an office in Houston some time in the fall, a spokesman told NGI. The Houston office of the European firm will trade natural gas, power and petroleum products, he said.

June 8, 2009

Europe’s Mercuria Opening Houston Office

Mercuria Energy Group Ltd., which claims to be one of the world’s five largest independent energy traders, will open an office in Houston some time in the fall, a spokesman told NGI. The Houston office of the European firm will trade natural gas, power and petroleum products, he said.

June 4, 2009

Industry Brief

Arthur Andersen LLP has agreed to pay $16 million to Enron Corp. creditors to resolve claims that the accounting firm was negligent in auditing and advising the former energy trader. A hearing on the proposed settlement is scheduled for May 14 in U.S. Bankruptcy Court, Southern District of New York (In re Enron Creditors Recovery Corp., 01-16034). If approved, the settlement would end a lawsuit filed in Houston by Enron’s creditors that accused the once esteemed accounting firm of approving transactions that manipulated Enron’s finances for the benefit of certain executives. Formerly Enron’s outside auditor, Arthur Andersen was convicted by a federal jury in 2002 of obstructing an investigation into Enron’s demise (see Daily GPI, Oct. 17, 2002). The U.S. Supreme Court overturned that verdict in 2005 (see Daily GPI, June 1, 2005) To date Enron creditors have recovered more than $22 billion, or about 50 cents on the dollar.

April 29, 2009
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