Prompted by the boom in the Marcellus Shale in Pennsylvania, a 136-year-old legal publishing firm on Monday has issued the first resource for the state’s oil and gas legal reference. Its publisher characterizes the book as a resource for landowners, lawyers, judges and producers alike.
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BP’s Browne Resigns After Personal Life Exposed
BP plc CEO John Browne abruptly resigned Tuesday after a British court removed an injunction that had prevented a newspaper group from publishing stories about his personal life. Tony Hayward, slated to move into the top spot this summer, was named CEO effective immediately.
Publisher Had Editorial Checks on Bogus Trades, Says Editor
Enron did not control natural gas price indexes, nor was it common practice for firms to report their bias in submitting price information to publishing companies six years ago, according to testimony Wednesday from Kelley Doolan, price editor of Platts Inside FERC Gas Market Report, in the Houston trial of former gas traders Michelle Valencia and Greg Singleton.
MMS Grants Relief to Gulf Producers, Extends Payment, Reporting Deadlines
The Minerals Management Service (MMS) granted Gulf producers some temporary relief Thursday, publishing a final rule and a notice in the Federal Register that give producers who were impacted by the hurricanes an extension of time for reporting and payment of royalties.
Western Gas Finds Instances of False Gas Price Reporting
Western Gas Resources revealed that it has discovered within its energy trading operation instances of false gas price reporting to index publishing companies.