Grant

Wyoming reported receiving a $10.4 million grant from the U.S. Fish and Wildlife Service (USFWS) to help support Gov. Matt Mead’s sage grouse protection executive order issued earlier this year. The funding is in addition to $17 million the state has already received for conserving sage grouse from the U.S. Department of Agriculture’s Natural Resources Conservation Service. Emphasizing that the program is voluntary, the state head of the implementation team said the USFWS funds will be used to deal with sage grouse habitat fragmentation.

Researchers at Pennsylvania State University have been awarded a $412,000, three-year grant by the Heinz Endowments to identify and mitigate the effects of Marcellus Shale natural gas exploration and development on the state’s forest ecosystem. The interdisciplinary research team, led by two faculty members in the College of Agricultural Sciences, will evaluate landscape change as a result of gas exploration disturbances, assess local and landscape-scale changes to the forest ecosystem and develop an electronic field guide for onsite remediation and wildlife habitat enhancement at Marcellus drilling sites. The team also plans to pilot a long-term citizen-science based monitoring program to track changes to the physical landscape and biotic communities.

While there are probably no significant shale gas supplies coming out of Nevada any time soon, there are some longer-term prospects, and in the meantime state oil and gas stakeholders are keeping an eye on shale developments in the Rockies and Western Canada, according to a gas engineering specialist at the Nevada Public Utilities Commission (PUC).

Shares of Houston-based Gastar Exploration Ltd. plunged Tuesday after the company said it intends to offer 12,000,000 common shares in an underwritten offering.

If Congress is determined to grant commercial end-users an exemption from mandatory clearing of over-the-counter (OTC) derivatives or swaps under financial reform legislation, the end-users still should be required to report their trades, said the head of the Commodity Futures Trading Commission (CFTC) Friday.

If Congress is determined to grant commercial end-users an exemption from mandatory clearing of over-the-counter (OTC) derivatives or swaps under financial reform legislation, the end-users still should be required to report their trades, said the head of the Commodity Futures Trading Commission (CFTC) Friday.

If Congress is determined to grant commercial end-users an exemption from mandatory clearing of over-the-counter (OTC) derivatives or swaps under financial reform legislation, end-users still should be required to report their trades, said the head of the Commodity Futures Trading Commission (CFTC) Friday.

The Texas Supreme Court on Friday agreed to grant a rehearing in a long legal battle in which predecessor companies of ExxonMobil Corp. are accused of sabotaging abandoned natural gas and oil wells in South Texas.

After years of resisting special financial treatment for unconventional drilling, the Alberta government is showing signs of preparing to grant new breaks to kick-start activity that has to date largely bypassed Canada’s largest producing province.