While the commission that was appointed by President Obama to look into the fatal explosion aboard the BP plc-leased Deepwater Horizon rig on April 20 continue to press for a higher liability cap on offshore damages and the creation of a separate safety institute, some senators are concerned with the fact that liability is centered solely on the operator, allowing contractors a free pass.
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Liability Debated at Senate Deepwater Horizon Hearing
While the commission that was appointed by President Obama to look into the fatal explosion aboard the BP plc-leased Deepwater Horizon rig on April 20 continued to press for a higher liability cap on offshore damages and the creation of a separate safety institute Wednesday, some senators were concerned with the fact that liability is centered solely on the operator, allowing contractors a free pass.
Questar Eyes LNG Opportunities in Rockies
Questar Corp. subsidiary Questar Transportation Services Co. (QTS) and Applied LNG Technologies LLC (ALT) last week signed a memorandum of understanding (MOU) to jointly look for new liquefied natural gas (LNG) market opportunities in the Rockies.
Encana: ‘High Likelihood’ New Unconventional Plays on Horizon
Encana Corp. now holds close to 12.7 million net acres of natural gas potential spread across North America, but it continues to look for the next big play — and that may be just around the corner, CEO Randy Eresman said Thursday.
Encana: ‘High Likelihood’ New Unconventional Plays on Horizon
Encana Corp. now holds close to 12.7 million net acres of natural gas potential spread across North America, but it continues to look for the next big play — and that may be just around the corner, CEO Randy Eresman said Thursday.
Pennsylvania Regulator Advocates Tougher Marcellus Rules
Lawmakers should look to the recent crafting of “one of the most comprehensive underground mine safety laws in the country” for inspiration when they consider the further regulation of Marcellus Shale natural gas activities in Pennsylvania, John Hanger, secretary of the state’s Department of Environmental Protection (DEP), told a state Senate panel Wednesday.
CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation
The Commodity Futures Trading Commission (CFTC) last Tuesday accepted a staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.
CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation
The Commodity Futures Trading Commission (CFTC) Tuesday accepted staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.
CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation
The Commodity Futures Trading Commission (CFTC) Tuesday accepted staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.
FERC to Take Second Look at Form 552 Reporting Requirements
FERC plans to take a second look Thursday at its Form 552 rule requiring both buyers and sellers of natural gas to report their annual spot market purchases and sales to the agency. The Commission said it may elect to modify the Form 552 requirements depending on the outcome of the technical conference.