Proposes

The Commodity Futures Trading Commission (CFTC) Monday issued a notice of proposed rulemaking that re-proposes adding certain provisions to Part 43 of the Commission’s regulations pertaining to block trades in swap contracts.

Regulating hydraulic fracturing (fracking) on public lands as the Interior Department’s Bureau of Land Management (BLM) proposes to do would cost society $1.499 billion to $1.615 billion per year, according to an analysis commissioned by the Western Energy Alliance (WEA).

Regulating hydraulic fracturing (fracking) on public lands as the Interior Department’s Bureau of Land Management (BLM) proposes to do would cost society $1.499 billion to $1.615 billion per year, according to an analysis commissioned by the Western Energy Alliance (WEA).

ExxonMobil Corp., which made strategic decisions in recent years to capture massive unconventional shale gas and tight oil resources in North America, is now seeing the continent undergoing a “historic energy transformation,” CEO Rex Tillerson said Friday.

President Obama proposes to rescind $40 billion in oil and natural gas tax breaks as part of a $467 billion package of savings and offsets to pay for his $447 billion jobs bill, which was to be sent to Congress late Monday.

FERC has approved mostly compression expansions for Dominion Transmission Inc. (DTI) in western Pennsylvania and for Tennessee Gas Pipeline in western Massachusetts.

The fate of the Senate Energy and Natural Resources Committee’s bill that proposes drilling reforms in federal waters was unknown Thursday after a group of senators walked out of a mark-up session following a flare-up over the hot button issue of increasing the coastal states’ share of revenues from energy production.

The fate of the Senate Energy and Natural Resources Committee’s bill that proposes drilling reforms in federal waters was unknown Thursday after a group of senators walked out of a mark-up session following a flare-up over the hot button issue of increasing the coastal states’ share of revenues from energy production.

PacifiCorp proposes to nearly cut in half the proportion of its electricity that comes from coal-fired generators, along with building a new 637 MW natural gas-fired plant in Utah during the next 10 years, according to a revised integrated resource plan (IRP) submitted to Idaho regulators by the company’s Rocky Mountain Power utility. The Idaho Public Utilities Commission will take comments on the IRP, including its plan to cut reliance on coal from its current 62.5% portion of the PacifiCorp portfolio to 36.3% by 2020. For gas-fired generation, the 637 MW Lake Side generation plant is planned to be in place in Utah County by mid-2014, and bids for another gas-fired plant are called for late this year for a facility that can be online in 2016. Over the next 10 years, the proportion of generation from natural gas is expected to increase to 25.5% from its current 11.7% level.