BP plc has been fined $20.16 million and ordered to disgorge another $207,169 by FERC after the agency found affiliates of the company had gamed the market for natural gas at the Houston Ship Channel (HSC) in 2008 after Hurricane Ike, a decision the London-based supermajor says it will continue to challenge.
Decision
Articles from Decision

FERC Decision Looming On Access Northeast Capacity Proposal
A looming FERC decision on a proposed tariff revision for Algonquin Gas Transmission LLC’s system could reshape winter natural gas and electric pricing in New England and determine the fate of the Access Northeast expansion project.
EPA Secretary Jewell’s ‘Course Corrections’ Could Impact Energy Development
The United States needs “a major course correction” in its approach to conservation, according to U.S. Secretary of the Interior Sally Jewell, who on Tuesday outlined a long-term overview and plans for the rest of the year which include reviews of previous land use decisions.
EPA Secretary Jewell’s ‘Course Corrections’ Could Impact Energy Development
The United States needs “a major course correction” in its approach to conservation, according to U.S. Secretary of the Interior Sally Jewell, who on Tuesday outlined a long-term overview and plans for the rest of the year which include reviews of previous land use decisions.
Shell Delays LNG Canada, Defers Shale Investments
A final decision on whether to move forward with the massive LNG Canada export project has been “pushed out to the future,” while unconventional oil and natural gas projects are on the longer-term list, Royal Dutch Shell plc CEO Ben van Beurden said Thursday.
Obama Says No to Keystone XL Oil Pipeline
TransCanada Corp.’s big, controversial Keystone XL oil pipeline project, which has inspired endless political and environmental debate, was rejected Friday by the Obama administration. The U.S. State Department decided the seven-year, multi-billion-dollar proposal was not in the U.S. national interest.

States to Be Sage Grouse Protector, Not Feds
In a milestone decision that the energy industry, state political leaders and environmentalists all support, the Obama administration on Tuesday decided to protect the greater sage grouse with public-private conservation programs at the state level and not through listing of the ground-dwelling bird under the Endangered Species Act (ESA). It amounts to the largest land conservation effort ever undertaken, according to Interior Secretary Sally Jewell.

Sage Grouse Escapes Endangered Species Label; States to Continue Protection
In a milestone decision that the energy industry, state political leaders and environmentalists all support, the Obama administration on Tuesday decided to protect the greater sage grouse with public-private conservation programs at the state level and not through listing of the ground-dwelling bird under the Endangered Species Act (ESA). It amounts to the largest land conservation effort ever undertaken, according to Interior Secretary Sally Jewell.
For Now, Ohio Supreme Court Rules Against Local Anti-Fracking Petitions
The Ohio Supreme Court has upheld Secretary of State Jon Husted’s decision to invalidate petitions in three counties across the state that sought to ban oil and gas development in a ruling that will keep the initiatives off November ballots.
County Strikes Down Youngstown Anti-Fracking Petition
Another petition to ban oil and natural gas development in Ohio has been invalidated, this time in Youngstown, where the local county board of elections voted unanimously Wednesday not to certify it for the Nov. 3 ballot.