Ongoing low commodity prices have the energy sector either stuck in neutral or slowing down, depending on the section of the country, with the slowdown most evident in the Cleveland District, where Marcellus and Utica shale drilling is down 40% since peaking in 4Q2014, according to the Federal Reserve Board (FRB).
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Articles from District
U.S. Ninth Circuit Remands BLM Lease Dispute to Montana Court
Three environmental groups received a favorable opinion from the U.S. District Court for the Ninth Circuit in San Francisco last Monday, remanding their challenge to U.S. Bureau Land Management (BLM) leases to the federal district court judge in Montana who previously rejected their claims.
September 4, 2015
DC Commission Nixes Exelon-Pepco Holdings Merger
The Public Service Commission of the District of Columbia Tuesday denied approval of the acquisition of Pepco Holdings Inc. (PHI) by Exelon Corp., with commissioners saying the combination is not in the public interest. It is the only regulatory body to oppose the merger.
August 25, 2015
Fifth Circuit Rules BP Can Appeal Some Settlement Claims
Still reeling from the fallout surrounding the April 2010 Deepwater Horizon oil spill in the Gulf of Mexico, BP late Friday received a mixed bag of news from an appellate court. The energy giant learned it would be able to appeal some claims related to the disaster, while others will remain out of reach.
May 12, 2015
Fifth Circuit Rules BP Can Appeal Some Settlement Claims
Still reeling from the fallout surrounding the April 2010 Deepwater Horizon oil spill in the Gulf of Mexico, BP late Friday received a mixed bag of news from an appellate court. The energy giant learned it would be able to appeal some claims related to the disaster, while others will remain out of reach.
May 12, 2015
House Panel Blasts BLM Director Over Frack Rule; Wyoming Sues
Less than one week after the Department of Interior (DOI) issued its long-awaited rule for hydraulic fracturing (fracking) on public and tribal lands, members of a U.S. House panel used an oversight hearing Thursday as an opportunity to grill Bureau of Land Management (BLM) Director Neil Kornze over what they perceive as the rule’s shortcomings and overreach.
March 26, 2015
Judge Tosses Coastal Louisiana Lawsuit Against Energy Companies
A U.S. District Court judge has thrown out a lawsuit against dozens of oil and gas companies that alleged their activities in south Louisiana caused billions of dollars worth of damages to coastal wetlands. However, an appeal is expected, and other similar lawsuits are still pending.
February 17, 2015
Maine Town to Use NatGas Pipeline Property Tax to Fund Development
Voters in the town of Chelsea in Maine’s Kennebec County have approved the designation of a tax increment district that will generate revenue from natural gas transmission pipelines that the town plans to devote to economic development over the next 30 years.
January 23, 2015
Antero Negotiating for Prime Land in Southeast Ohio
Antero Resources Corp. is finalizing terms of an extensive oil and gas lease with Ohio's largest water conservancy district that would give the company access to 6,700 acres in Belmont and Harrison counties.
April 3, 2014
Fifth Circuit Rules in Favor of BP on Damage Claims
A federal appeals court in New Orleans on Wednesday ordered that some payments required to be paid by BP plc be halted to Gulf Coast businesses claiming they were impacted by the Macondo well blowout.
October 4, 2013
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