Force

CME Assures Customers Ahead of Swap Dealer Rule Enactment

Looking to allay concerns from customers that some of its new product offerings will force a change in how they trade, CME Group issued an open letter last week that more fully explains how the exchange will operate once Dodd-Frank Wall Street Reform Act regulations on swap dealer registrations going into effect Oct. 12. The exchange also explained in more depth the previously announced rollout of a broad suite of new natural gas and power contracts that will be listed as futures on CME Globex, the New York Mercantile Exchange (Nymex) trading floor and CME ClearPort, and will be available for trading on CME Direct, a platform offering side-by-side trading and straight-through processing and clearing of exchange-listed and over the counter (OTC) energy markets.

October 1, 2012

CME Assures Customers Ahead of Early October Swap Dealer Rule Enactment

Looking to allay concerns from customers that some of its new product offerings will force a change in how they trade, CME Group issued an open letter Monday that more fully explains how the exchange will operate once Dodd-Frank Wall Street Reform Act regulations on swap dealer registrations go into effect Oct. 12. The exchange also explained in more depth the previously announced rollout of a broad suite of new natural gas and power contracts that will be listed as futures on CME Globex, the New York Mercantile Exchange (Nymex) trading floor and CME ClearPort, and will be available for trading on CME Direct, a platform offering side-by-side trading and straight-through processing and clearing of exchange-listed and over the counter (OTC) energy markets.

September 25, 2012

SEC Adopts Disclosure for Oil, Gas Extraction Payments

In a setback for oil and natural gas producers, the Securities and Exchange Commission (SEC) last week narrowly voted out rules that would force U.S. producers to disclose commercially sensitive information that could put them at a major disadvantage with foreign -owned energy companies.

August 27, 2012

SEC Adopts Disclosure Rules on Oil, Gas Extraction Payments

In a setback for oil and natural gas producers, the Securities and Exchange Commission (SEC) Wednesday narrowly voted out rules that would force U.S. producers to disclose commercially sensitive information that could put them at a major disadvantage with foreign -owned energy companies.

August 23, 2012

PG&E to Add 1,400 Gas Workers, Centralize Control

Pacific Gas and Electric Co. (PG&E) plans to expand its natural gas work force by 1,400 positions and centralize overall control of its nearly 50,000 miles of transmission and distribution pipelines by 2015, according to a 45-page plan the San Francisco-based combination utility filed Friday with state regulators.

July 3, 2012

Chesapeake Lays Off 70 Barnett Employees; 700 Remain

Chesapeake Energy Corp. on Tuesday announced that it would lay off 70 employees from its Barnett Shale workforce and transfer other staff members, leaving about 700 in its North Texas offices.

June 20, 2012

U.S. Onshore Oil Activity Curtailed in ‘Upcoming Weeks,’ Says Analyst

Monster U.S. oil supply growth will force domestic producers to curtail onshore activity in the upcoming weeks but it won’t be soon enough for 2013 oil prices, which likely will be “uglier than expected,” Raymond James & Associates Inc. analysts said Monday.

June 19, 2012

ExxonMobil Fracking Impacts Face Investor Scrutiny Again

ExxonMobil Corp.’s shareholders once again will see a resolution on their proxy statements that would force the largest U.S. natural gas producer to issue a report about the financial impact from regulatory and community impacts associated with hydraulic fracturing (fracking) within its drilling operations.

April 5, 2012

Investor Groups Again Challenge ExxonMobil on Fracking

Some of ExxonMobil Corp.’s investors are attempting once again to force the largest U.S. natural gas producer to issue a report to shareholders about the financial impact from regulatory and community impacts associated with hydraulic fracturing (fracking) within its drilling operations.

April 5, 2012

Shale, Mild Winter Could Produce New Sub-$2 Floor, Analysts Say

Robust output from the nation’s shale plays and relatively mild winter weather continue to force analysts to trim their natural gas price forecasts, with Bentek Energy LLC on Tuesday saying it expects the market to set a new price floor of $1.94/Mcf this September.

February 1, 2012