Institutions

The Ohio Chamber of Commerce is partnering with three universities in the state to conduct an economic impact study on shale development.

A cooperative and coordinated effort by state and federal agencies and the industry to develop and promulgate “best practices” is key to winning the public’s trust and to successful development of the nation’s shale gas resources, according to a report issued Thursday by a federal advisory panel.

The Keystone Energy Forum (KEF), an alliance of the American Petroleum Institute (API) and the Pennsylvania Independent Oil and Gas Association (PIOGA), was rolled out recently to disseminate “factual” information about Marcellus Shale drilling activities in Pennsylvania.

The Long Island Association (LIA), whose membership includes more than 5,000 New York businesses, labor unions, academic institutions and nonprofits, has thrown its conditional support behind the controversial deepwater liquefied natural gas (LNG) terminal proposed for Long Island Sound by Broadwater Energy LLC.

The Long Island Association (LIA), whose membership includes more than 5,000 New York businesses, labor unions, academic institutions and nonprofits, has thrown its conditional support behind the controversial deepwater liquefied natural gas (LNG) terminal proposed for Long Island Sound by Broadwater Energy LLC.

Citing a new report that it commissioned, the New England Council, which represents businesses, academic institutions and health organizations throughout New England, issued a warning on Wednesday that the region could face severe economic consequences without rapid construction of new liquefied natural gas (LNG) import terminals.

Pointing to the increased participation of traditional financial institutions in the energy trading markets, the International Monetary Fund (IMF) said it plans to heighten its efforts to monitor energy trading and broader energy developments.

Pointing to the increased participation of traditional financial institutions in the energy trading markets, the International Monetary Fund (IMF) said it plans to heighten its efforts to monitor energy trading and broader energy developments.

Despite the loss of players and support, and the increased scrutiny by financial institutions and federal regulators, natural gas and power markets have continued to function, and there are “clear signs” that confidence is returning to the energy trading industry, a BP executive said Thursday.