Encana Hunting for U.S., Canadian Drilling Partner

Calgary-based Encana Corp. confirmed Monday that it is looking for a partnership to help finance some of its North American oil and liquids-rich opportunities.

April 3, 2012


Two members of the five-member California Public Utilities Commission (CPUC) have been confirmed by the state Senate, preserving their six-year tenures in the regulatory body. Commissioners Mike Florio, a former consumer attorney, and Catherine Sandoval, a former official with the Federal Communications Commission, were appointed by Gov. Jerry Brown and would have had to step down in February if the Senate had failed to act. Both of their terms are to expire Jan. 1, 2017. A third Brown appointee from last year to the CPUC, Mark Ferron, is still unconfirmed, but he has until mid-March to gain confirmation.

January 25, 2012

CFTC to Focus on Position Limits Tuesday

The head of the Commodity Futures Trading Commission (CFTC) confirmed last week that the final rule on restricting excessive speculation in the derivatives market will be on the agenda at its Tuesday meeting.

October 17, 2011

Gensler Confirms Position Limit Rule on Agenda of Next Meeting

The head of the Commodity Futures Trading Commission (CFTC) Tuesday confirmed that the final rule on restricting excessive speculation in the derivatives market will be on the agenda at next week’s meeting.

October 12, 2011

Calpine Bets on Gas, Silicon Valley, Own Shares

Calpine Corp. confirmed Tuesday that it made a $673 million bet — $373 million credit facility and $300 million in stock repurchases — on itself and a long-stalled upgrade of a natural gas-fired generation plant in the heart of the Silicon Valley. Underlying a new credit facility is the belief that the recessionary economy — particularly in California — is going to turn around.

August 25, 2011

ExxonMobil Grabs More Marcellus Acreage

ExxonMobil Corp. confirmed late Wednesday that it paid $1.69 billion earlier this month to acquire two related Pennsylvania-based natural gas producers that operate in the prolific southwestern corner of Marcellus Shale.

June 10, 2011

PG&E Ties Loose Ends, Eyes Mid-Year Deadline in Pipe Review

Completed pressure test records have been confirmed on another 134 miles of transmission pipelines since data became available in mid-March, Pacific Gas and Electric Co. (PG&E) said Tuesday in a status report it filed with the California Public Utilities Commission (CPUC). The latest data is as of the end of April.

May 12, 2011

Pennsylvania Township Proposes Mediation with Range

A shale-rich township in southwestern Pennsylvania is proposing mediation to resolve a dispute with a local gas driller.

April 13, 2011

Range Sparring with Pennsylvania Township Over Zoning

Range Resources Corp. is threatening to leave a western Pennsylvania township over a dispute with local officials.

April 11, 2011

Report: PG&E Found, Fixed Serious Leaks

In a report released last Tuesday, Pacific Gas and Electric Co. (PG&E) said since the end of October, when it issued an initial report, it has confirmed an additional 21 “Grade 1” leaks on its system, bringing the total number of leaks that required immediate action to 59, all of which have been repaired.

February 7, 2011