Penalized

The Interior Department’s Office of Natural Resources Revenue (ONRR) said Tuesday that it penalized Chesapeake Energy Corp. $765,000 for “knowing or willful submission of inaccurate information” on its oil and natural gas royalty reports.

The Interior Department’s Office of Natural Resources Revenue (ONRR) said Tuesday that it penalized Chesapeake Energy Corp. $765,000 for “knowing or willful submission of inaccurate information” on its oil and natural gas royalty reports.

The New York Mercantile Exchange (Nymex) has taken disciplinary action against and penalized two exchange members and one non-member for fraudulent trading of natural gas and oil futures.

State regulators in Washington penalized electric and gas utility Puget Sound Energy (PSE) $995,000 for violating consumer privacy laws by intentionally sharing private customer information with an outside marketing partner without the customers’ written permission.

California’s first merchant natural gas storage facility, Canadian-backed Wild Goose Storage, was fined $51,500 and criticized by state regulators Thursday for its handling of its change in ownership, which occurred when EnCana was formed by the merger of Alberta Energy Co. and PanCanadian last year. Wild Goose’s certificate to operate was amended, but the company still needs to file a formal application with state regulators for approval of its new ownership.