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To meet its $30 billion divestiture target by the end of 2011 BP plc will continue to sell properties, including in the United States and Canada, the producer said in its annual report.

To meet its $30 billion divestiture target by the end of 2011 BP plc will continue to pare its assets with sales in the United States, Canada and the United Kingdom, the producer said in its annual report, which was released on Thursday.

Regency Energy Partners LP is expanding its South Texas facilities to meet producer demand for rich gas services in the growing Eagle Ford Shale play, the partnership said Tuesday. The projects are expected to provide 200 MMcf/d of capacity for Regency’s South Texas gathering system.

Members of the Commodity Futures Trading Commission (CFTC) Wednesday raised doubts about whether the agency will be able to meet deadlines for imposing position limits as required under the Dodd-Frank Wall Street Reform Act.

Noting that while there are “important questions” about the environment, it has been reported that the Marcellus Shale could provide enough gas to meet U.S. demand for decades, while creating thousands of jobs, and most important can be developed responsibly, according to John Felmy, chief economist with the American Petroleum Institute (API).

Noting that while there are “important questions” about the environment, it has been reported that the Marcellus Shale could provide enough gas to meet U.S. demand for decades, while creating thousands of jobs, and most important can be developed responsibly, according to John Felmy, chief economist with the American Petroleum Institute (API).

The Commodity Futures Trading Commission (CFTC) plans to meet Friday (Oct. 1) to issue rules dealing with the reporting of some swaps and on the requirements for derivatives clearing organizations and swap execution facilities, said Chairman Gary Gensler.

Which countries and producers take the lead to meet the world’s energy needs in the next 20 years will be determined by the availability of capital, or lack thereof, because of oil and gas taxes, the chief energy strategist for IHS Cambridge Energy Research Associates (CERA) said last week.

Which countries and producers take the lead to meet the world’s energy needs in the next 20 years will be determined by the availability of capital, or lack thereof because of oil and gas taxes, the chief energy strategist for IHS Cambridge Energy Research Associates (CERA) said Tuesday.