The comment period closed Wednesday for a FERC notice of inquiry (NOI) regarding how the commission should address any double recovery of income tax cost resulting from the its current income tax allowance and rate of return policies [PL17-1].
Articles from Income
FERC Seeks Comments on Income Tax Recovery Policy
FERC on Thursday approved a notice of inquiry (NOI) seeking comments regarding how to address any double recovery of income tax cost resulting from the its current income tax allowance and rate of return policies [PL17-1].
Kasich Indicates NatGas Industry Likely Part of Ohio Tax Reform Efforts
Ohio’s Republican Gov. John Kasich told business officials during a year-end luncheon on Thursday that he plans to push hard in his second term to reduce the state’s income tax, an effort that could rely in part on increasing fees for the oil and gas industry.
Enbridge Nailing Down Financing Needs, Management Says
During a week in which unitholders of another midstream master limited partnership (MLP) were rocked by a distribution cut and unit sell-off, management of Enbridge Energy Partners LP (EEP) sought Thursday to assure analysts and investors that their story is different, and “distribution is secure.”
Oxy is California Dreamin’ About Monterey Shale
California’s Occidental Petroleum Corp. (Oxy) is eyeing 7 billion bbl of reserves from the Monterey Shale and other projects in the state, the management team said Tuesday.
U.S. E&Ps See Fracking Rules, Infrastructure Limits as Growing Threats
The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.
Public Webinar Series on NY Fracking to Begin Wednesday
The New York State Petroleum Council (NYSPC), a division of the American Petroleum Institute (API), announced Monday that it would conduct the first of a series of free webinars about hydraulic fracturing for the public on Wednesday.
EVEP Seeking JV Partners to Unlock Utica Volatile Oil Window
Officials with EV Energy Partners LP (EVEP) say the company is still looking to sell thousands of wet gas acres in the Utica Shale and is looking for one or more joint venture (JV) partners in the play to develop the volatile oil window.
Linn Finds Better Hog Shootin’ in Oklahoma
After drilling some disappointing wells targeting the Hogshooter interval of the Granite Wash in the Texas Panhandle, Linn Energy LLC is now concentrating its efforts on the Oklahoma Hogshooter, where the reservoir is seen to be of better quality with less variability, CEO Mark E. Ellis said Thursday.
Hess Driven by Bakken, Encouraged by Utica
The Bakken Shale, Hess Corp.’s “principal engine of growth.” averaged 65,000 boe/d in the first three months of this year, an increase of 55% from a year ago, the CEO told investors on Wednesday.