The Environmental Protection Agency (EPA) could be a barrier to improving the coordination and reliability of the natural gas and electricity markets, said FERC Commissioner Philip Moeller recently.
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Moeller: EPA ‘Aggressiveness’ Threat to Gas, Power Reliability
The Environmental Protection Agency (EPA) could be a barrier to improving the coordination and reliability of the natural gas and electricity markets, said FERC Commissioner Philip Moeller recently.
California Governor Signs Pipe Safety Bill
California Gov. Jerry Brown last Friday signed a bill (AB 1694) into law that is aimed at improving safety of the historically lightly regulated natural gas and propane distribution piping systems at mobile home parks in the state.
California’s Monterey Shale A Potential Elephant, Analysts Say
Shale plays globally are a very good long-term asset and the continuing hype about the under-explored Monterey Shale in California is worthy of most of the superlatives, according to two analysts at Wood Mackenzie’s Houston office.
Chesapeake Claims ‘Unprecedented Negative Media,’ Then Pulls Statement
A new investor presentation posted early Tuesday by Chesapeake Energy Corp. included a full-page statement by the company with the headline, “It’s been a tough five weeks, but better days ahead.” By Tuesday afternoon, the statement, originally the second page of the 32-page presentation, had been deleted with no explanation by the company.
MSC Touts Marcellus Best Practices
Seeking to create a uniform standard for how the oil and gas industry in the Appalachian Basin goes about drill site planning, developing and restoring the landscape once operations are complete, the Marcellus Shale Coalition (MSC) has released its first Recommended Practices (RP) report.
Industry Applauds Obama Order on Unconventional Gas Development
Singling out natural gas as an economic engine for the nation, President Obama Friday signed an executive order establishing a high-level, interagency task force to support and oversee the development of unconventional natural gas resources and associated infrastructure.
DOE Issues RFP on Environmental Performance of Unconventional Gas
Research projects to study ways for improving the environmental performance of unconventional natural gas development are being sought by the National Energy Technology Laboratory (NETL), a facility of the U.S. Department of Energy’s (DOE) Office of Fossil Energy.
Comstock to Pay $332.7M for Delaware Basin Acreage
Comstock Resources Inc. has established a new core area in the Delaware Basin in West Texas, agreeing to pay Eagle Oil & Gas Co. $332.7 million for approximately 68,000 gross (44,000 net) acres in Reeves County, TX, the Frisco, TX-based company said. The deal is expected to close by the end of this month.
Energy Industry Optimistic for 2012
The global economy has stabilized or is improving, which will lead to more investments and job growth in 2012 for the oil and gas industry, according to a majority of energy executives surveyed by Ernst & Young LLP.