Confronted with the possibility of having to pay the largest penalty ever imposed by the Federal Energy Regulatory Commission for market manipultaion, Barclays Bank PLC Friday attempted to lay out its case that it had neither the intent nor the ability to manipulate prices in the wholesale electric power markets.
Articles from Having
In an effort to avoid having to restart the process from square one, the New York Department of Environmental Conservation (DEC) will file for a 90-day extension on Thursday to finalize rules governing high-volume hydraulic fracturing (HVHF).
Infrastructure constraints during the second quarter put a crimp in SM Energy Co.’s operated Eagle Ford Shale output, prompting the Denver-based company to divert some capital to the Permian Basin, where getting production to market is easier for the time being. And a steep drop in net income pummeled the Denver-based producer’s shares.
Oil and gas companies could be showing more interest in drilling wells targeting the Marcellus Shale in Wyoming County, PA, after having hired a seismic contractor to perform tests across nearly half of the county on their behalf.
Pennsylvania’s Marcellus Shale natural gas drilling declined nearly 7% in the first five months of this year from the same period of 2011 in part as operators began moving from dry gas to wetter targets, according to data from the state Department of Environmental Protection (DEP).
Nearly two years after the deadly San Bruno, CA, natural gas transmission pipeline rupture and explosion, Pacific Gas and Electric Co. (PG&E) is still having trouble taking full control of its 50,000-mile transmission and distribution system covering the central and northern expanses of California.
Nearly two years into the wake of the deadly San Bruno natural gas transmission pipeline rupture and explosion, Pacific Gas and Electric Co. (PG&E) is still having trouble taking full control of its 50,000-mile transmission and distribution system covering the central and northern expanses of California. An internal memo from the San Francisco-based combination utility has revealed more than 120 incidents of over-pressuring on portions of its system since the Sept. 9, 2010 San Bruno tragedy.
Early indications point to natural gas development having a positive impact on state tax collections in counties in Pennsylvania’s Marcellus Shale region, according to an analysis by Pennsylvania State University researchers.