Divided

A divided Commodity Futures Trading Commission (CFTC) Thursday voted out a final rule establishing internal business conduct standards to shield customers from the risks associated with swap dealers (SD), as well as a new proposal on block trades.

A divided Commodity Futures Trading Commission (CFTC) Thursday voted out a final rule establishing internal business conduct standards to shield customers from the risks associated with swap dealers (SD), as well as a new proposal on block trades. During the meeting, commissioners vented their growing dissatisfaction both with the pace of the rulemaking process and the content of some of the rules being adopted.

The proposed Kinder Morgan Inc. acquisition of El Paso Corp. doesn’t change Calgary, Alberta-based TransCanada Corp.’s strategy that is divided among natural gas, including shale; oil through its proposed addition to Keystone XL pipeline; and a growing gas-fired and renewable-based power generation business, CEO Russ Girling told financial analysts Tuesday as TransCanada reported a robust quarter-over-quarter improvement in profits for the third quarter.

In an almost unprecedented show of bipartisanship in the currently divided Congress, the House Energy and Commerce Committee last Wednesday unanimously adopted pipeline safety reauthorization legislation.

In an almost unprecedented show of bipartisanship in the currently divided Congress, the House Energy and Commerce Committee Wednesday unanimously adopted pipeline safety reauthorization legislation.

The Marcellus Shale in Pennsylvania is generally divided into two regions, the northeast and the southwest, but increasingly the stretch of fairway between those regions is gaining prominence.

While Quebec’s announcement that hydraulic fracturing could continue on a limited basis has divided people in the province, a government official in the neighboring province of New Brunswick said a moratorium on the practice won’t be implemented there.

A divided California Public Utilities Commission (CPUC) approved Southern California Gas Co.’s (SoCalGas) billion-dollar multi-year proposal for installing more than five million advanced meter systems in its service territory. It is the last of the major private-sector utilities in the state to gain CPUC approval in what is a statewide effort costing $5 billion and involving more than 20 million so-called “smart” electric and natural gas meters.

A divided California Public Utilities Commission (CPUC) approved Southern California Gas Co.’s (SoCalGas) billion-dollar multi-year proposal for installing more than five million advanced meter systems in its service territory. It is the last of the major private-sector utilities in the state to gain CPUC approval in what is a statewide effort costing $5 billion and involving more than 20 million so-called “smart” electric and natural gas meters.