House GOP Slams Rule Restricting Bank Trading

House Republicans last Wednesday called for a delay in the implementation or total repeal of a proposed regulation that restricts trading by banks, known as the “Volcker Rule.”

January 23, 2012

West Virginia Governor Signs Marcellus Reform Bill

West Virginia Gov. Earl Ray Tomblin signed a landmark Marcellus Shale regulatory reform bill — also known as the Natural Gas Horizontal Wells Control Act — into law on Thursday.

December 27, 2011

Pennsylvania Closer to Regulating Gathering Lines

The Pennsylvania Senate unanimously approved legislation Tuesday to give state regulators oversight over gathering lines in the state.

December 19, 2011

Many Not Thrilled With West Virginia’s New Marcellus Law

One day after HB 401 — also known as the Natural Gas Horizontal Wells Control Act –garnered overwhelming support in both houses of the West Virginia legislature (see Shale Daily, Dec. 15), advocates for the shale gas industry, surface owners’ rights and the environment told NGI’s Shale Daily on Thursday that the bill isn’t all they had hoped for.

December 16, 2011

New Paramount Subsidiary to Hold Oilsands, Bitumen Businesses

Calgary independent Paramount Resources Ltd., better known for its natural gas exploration, saw its stock price jump by nearly 5% in midday trading Monday after the company said it was creating a subsidiary to house its growing oilsands and bitumen businesses.

November 30, 2011

Carrizo JV Gives India’s Gail First U.S. Shale Stake

Carrizo Oil & Gas Inc. and a unit of India’s Gail (India) Ltd. have closed on a joint venture (JV) that gives Gail 20% of Carrizo’s interest in about 20,200 net acres in the condensate zone of the Eagle Ford Shale for $95 million.

September 30, 2011

Louisiana NGL Cracker Poised for Expansion

Boosted by the “shale gas revolution,” Williams on Tuesday said it will spend up to $400 million to expand its Geismar olefins production facility near Baton Rouge, LA.

September 21, 2011

Gasco to Drill Two Uinta Wells This Fall

Gasco Energy Inc. said Thursday it plans to drill two conventional test wells for oil this fall in the Green River Formation, part of the company’s plans to de-risk thousands of acres it holds in the Uinta Basin in eastern Utah.

September 6, 2011

Petition Targets Fracking Chemicals Manufacturers

A large coalition of public health and environmental groups has launched a campaign to regulate chemicals used in hydraulic fracturing (fracking) and other exploration and production (E&P) processes at the source, petitioning the Environmental Protection Agency (EPA) to require disclosure from chemical manufacturers and processors.

August 8, 2011

PennFuture Sues Ultra Over NOx Emissions

Citizens for Pennsylvania’s Future, also known as PennFuture, has filed a lawsuit against an Ultra Petroleum subsidiary, alleging that some of the company’s facilities in the Marcellus Shale violate the federal Clean Air Act and state regulations.

July 26, 2011